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Energy Security for
Bangladesh
Energy security is one of the challenging
global issues for the 21st century. For Bangladesh, energy security
is a major energy policy imperative. This paper attempts to study
the Bangladesh energy resources and their projected demand to
analyze the supply and security issue. The various security options
are examined and their benefits assessed.
Energy is a requirement for economic and social development. It is
also essential for poverty reduction, which is the overarching goal
of the government. Although the energy sector holds out a promising
role to play in the Bangladesh economy, the sector exists within a
national context of a low level of development and weak public
sector institutions. The sector operates within a setting of risks,
and within a socio-economic context of poverty. Overall,
Bangladesh’s energy sector remains underdeveloped, representing a
major development challenge because of the importance of adequate
and efficient supply of commercial energy for faster growth and
poverty reduction.
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