Download Link for Energy & Power Vol 23 Issue 09 (October 16, 2025, Anniversary) as PDF/userfiles/EP_23_09_Anniversary 2025.pdf

 Bangladesh’s deepening energy crisis is not due to a lack of resources but a lack of resolve. For over two decades, governments have avoided tough decisions on exploring domestic gas and coal reserves or investing seriously in renewable energy. The result is alarming: the country now relies on imports for about 65 percent of its total energy, leaving the economy at the mercy of global price swings and supply disruptions. Experts warn that Bangladesh may have to spend US$22–24 billion annually just to pay for imported energy, a burden that could strain the economy and weaken its competitiveness. Yet the pattern remains unchanged. Since 2018, US$18 billion has gone into importing LNG, while exploration at home has received less than US$1.0 billion in five decades. The same story continues with coal: while 18 million tonnes are imported annually, no political decision has been made in 20 years to mine local reserves—though doing so could cut power costs by up to 40 percent. This policy drift has left industries struggling with unreliable power, rising costs, and shrinking margins. It is not a technical failure but a political one, a paralysis born of short-term thinking. If leaders fail to act, the nation risks what experts call an “energy famine”.

Bangladesh urgently needs a clear, long-term vision built on domestic resources, renewable energy, and efficient import planning. Energy security is not optional; it is the foundation of economic independence and a sustainable future.

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