Renewable energy, particularly solar power, is emerging as a critical pillar of Bangladesh’s future energy security as geopolitical tensions in the Middle East continue to expose the risks of heavy dependence on imported fossil fuels, according to energy experts.
They said recent disruptions to global oil and gas supplies underscore the need for Bangladesh to accelerate investments in clean energy to strengthen energy security, improve economic resilience and reduce exposure to volatile international fuel markets.
Lead Energy Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA), Shafiqul Alam, described renewable energy as a strategic necessity rather than simply a climate solution.
“Recent geopolitical events have demonstrated that clean energy is essential for ensuring energy security and protecting the economy from external shocks,” he said, noting that countries with higher renewable energy penetration have been less affected by global fuel price volatility.
Energy expert and former BUET Dean Professor Dr Ijaz Hossain welcomed the government’s recent decision to provide a 10-year zero-duty facility for solar panel imports, calling it a positive step.
