Bangladesh stands at a historic crossroads. As the nation experiences rising energy demands driven by urbanization, industrialization, and demographic growth, its energy planning decisions will shape the trajectory of development, environmental sustainability, and climate resilience for generations to come. Against this backdrop, the Government of Bangladesh formulated the Integrated Energy and Power Master Plan (IEPMP) 2023, a long-term strategic framework designed with support from the Japan International Cooperation Agency (JICA).

For the first time, the World Bank, which traditionally provides development project loans and budgetary support, has extended its assistance through a guarantee facility to support Bangladesh in purchasing liquefied natural gas (LNG), aiming to ease pressure on the country's foreign exchange reserves.

Target set to meet 20% of power demand from green sources by 2030

The government has updated the Renewable Energy Policy after 17 years, aiming to produce at least 20 percent of the national power demand from green sources by 2030.

Unleashing the potential of renewable energy for a sustainable future

In the wake of pressing global climate challenges, Bangladesh recognizes the crucial need for a robust shift towards renewable energy. This urgency is fueled by the latest resolutions from the global community, notably during COP29 at Baku, where world leaders underscored the necessity of transitioning towards sustainable energy systems to mitigate climate impacts. For Bangladesh, the shift is not just a global commitment but a strategic imperative, vital for securing its environmental sustainability and economic resilience.

ASIA stands at a pivotal moment in its energy history. Home to more than half of the world’s population and the largest share of global energy demand, the region is simultaneously the driver of economic growth and a key contributor to global carbon emissions. As the climate crisis deepens and the energy security landscape becomes increasingly volatile, Asia’s ability to pivot toward renewable, equitable, and resilient energy systems will determine not just the future of the continent but of the planet. The question is no longer whether Asia should accelerate its energy transition — but how fast and how smartly it can do so.

The government's approval of a new renewable energy policy, which sets higher targets of 20 percent and 30 percent electricity generation from renewables by 2030 and 2041 respectively, is a welcome step towards advancing the energy transition. However, despite these enhanced commitments, a lack of support mechanisms and persistent policy inconsistencies continue to hinder progress in the renewable energy sector.

Bangladesh is expected to reject India’s proposal to build a 117-kilometre, 765kV high-voltage power corridor through its territory, despite New Delhi’s strong push for a seamless electricity link between Bornagar in Meghalaya and Katihar in Bihar.

The Indian side proposed to begin implementation of the project early this year and plans to complete it by 2028.

Local fuel prices may increase by Tk4 to Tk5 per litre next month, says BPC

Amid escalating tensions in the Middle East following attacks between Iran and Israel, Bangladeshi shipping companies fear major disruptions in fuel imports if vessel movement through the strategic Strait of Hormuz is closed.

BANGLADESH stands at a crossroads. On the one hand, it faces intensifying climate risks, mounting fuel import costs and increasing energy demand; on the other, it has the opportunity to shape a more sustainable and resilient energy future. The national budget for the 2025-26 financial year, recently unveiled, provides a timely lens through which to assess how seriously the country is preparing for a renewable energy transition. While there have been institutional efforts — notably the government’s move to update the Renewable Energy Policy 2008 to make it more relevant to the current context — the fiscal strategy laid out in this year’s budget does not reflect a proportionate commitment to the renewable energy agenda.

Bangladesh stands at a pivotal moment. The country faces mounting climate risks, rising fuel import costs, and growing energy demands. At the same time, it has the opportunity to redefine its energy future through a transition to renewable energy. The national budget for FY 2025-26, recently unveiled, offers a crucial opportunity to assess how seriously this transition is being prioritized. While there are positive institutional signals-such as the government's near-final revision of the outdated 2008 Renewable Energy Policy-the budgetary allocations tell a different story.

Oil price will not be an issue in short term, but LNG price can make us suffer, says Energy Adviser Fouzul Kabir

Global oil prices soared by over 10% shortly after news broke of Israel's attack on Iran. The rising cost of oil impacts everything—from the food on our plates to the cost of travel.

Bangladesh relies too heavily on fossil fuels. This must change

How often do you see television channels broadcasting news on climate change and energy transition as it relates to your community? Or how often do you see climate change stories getting prime spots in newspapers that get your eyes glued to? It’s likely far less frequent than covering more immediate issues like crime, politics, law or business.

Wind power, with its immense capacity to generate clean, renewable energy, remains underutilised in Bangladesh's energy strategy. However, recent developments signal a shift in direction. A major offshore wind project, still in its early stages, was announced at COP28 as a collaborative initiative involving fashion brands Bestseller and H&M Group, Copenhagen Infrastructure Partners (CIP), and a local partner. This ambitious project seeks to advance sustainable energy solutions and reduce greenhouse gas emissions along the fashion industry's value chain.

The global energy landscape has reached a turning point in this decade. Countries have been attempting to reduce their use of fossil fuels, such as coal, oil, and gas, substituting them with cleaner, renewable energy like wind, solar, and hydroelectric power. To address climate change and environmental damage, every country must implement this shift. As a result, the term "green jobs" has emerged.

Despite a nationwide natural gas crisis, the government has approved the commercial operation date (COD) of the 718MW Meghnaghat gas-based power plant, operated by JERA, by June 15, 2025—during the Eid-ul-Azha holidays—on the condition of tariff renegotiation.