Renewable energy pitch will not yield fruit until institutional change
Describing the present energy situation as an interim situation for the country, Sharier Khan, senior executive editor at The Business Standard, said, Bangladesh should have a green energy-focused dominant vision to meet the future challenge
Dr Khondaker Golam Moazzem, research director at the Centre for Policy Dialogue, has said that Bangladesh's renewable energy pitch will not yield fruits until there is an institutional change.
"People who were in charge of power and energy-related institutions promoted fossil fuel only to secure their future after retirement. Renewable energy transition in the country will not happen until there is an institutional change," he said during a panel discussion in the city yesterday.
Kuntal Roy, Asia regional team lead at Global Strategic Communications Council, presented the keynote paper and Hasibur Rahman, executive director at MRDI, moderated the programme, "Sustainable Energy Transition: News Media-Civil Society Collaboration," organised by Media Resources Development Initiative (MRDI).
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"People who were in charge of power and energy-related institutions promoted fossil fuel only to secure their future after retirement." – Khondaker Golam Moazzem, Research Director, CPD
Describing the present energy situation as an interim situation for the country, Sharier Khan, senior executive editor at The Business Standard, said, Bangladesh should have a green energy-focused dominant vision to meet the future challenge.
He said, "Despite Trump being a fossil fuel lobby guy and so many wars and happenings across the world, the future world will be forced to make a transition towards green energy. Whatever we do now in the energy sector is an interim solution, but our ultimate solution lies in green energy."
Era of fossil fuel will be over one day, said Sharier Khan adding, "There are so many industries that are dependent on gas and the previous government installed many gas fired power plants which is unjustified. With every single gas fired power plant, a new import dependency is created."
Shafiqul Alam, IEEFA's Lead Analyst, Energy, for Bangladesh said, there is a growing concern of fossil fuel across the world, and in Bangladesh too campaign and policy level initiatives increased in support of green energy.
"Bangladesh should focus on the sustainability of the energy solution as we are linked with the global phenomenon," Shafiqul Alam said.
