Demand-Side Energy Efficiency Opportunities in Bangladesh
Enhancement of energy efficiency (EE) can help bridge the gap between supply and demand for energy. This paper assesses the energy efficiency and conservation (EE and C) potential of sixteen EE end-use technologies and subsectors (for both primary...
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| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/845631543398730054/Demand-Side-Energy-Efficiency-Opportunities-in-Bangladesh http://hdl.handle.net/10986/31049 |
| Summary: | Enhancement of energy efficiency (EE)
can help bridge the gap between supply and demand for
energy. This paper assesses the energy efficiency and
conservation (EE and C) potential of sixteen EE end-use
technologies and subsectors (for both primary energy (oil,
gas and coal) and electricity) in Bangladesh vis a vis
“business-as-usual”. Further, it prioritizes among them on
the bases of their potential for generating energy savings,
their costs, and the benefits of deployment on a large
scale. The end-use EE improvement technologies/measures
analyzed range from lights, fans, and refrigerators to
motors, boilers, and chillers. Sectors covered include
garments, textile dyeing and weaving, steel and cement. They
were chosen for analysis because they represent the most
promising prospective candidates for demand side energy
efficiency improvement in the country. The analysis
indicates that a total of 400 petajoule (PJ) can be saved in
the year 2030 when the projected total primary energy
requirement is likely to be approximately 2800 PJ, i.e., a
savings of 14.3 percent of the total primary energy
requirement in 2030 can be achieved by implementing EE
measures alone. A back-of-the-envelope calculation of the
relative cost effectiveness of the different options
analyzed provides a measure of the costs and benefits of
these EE options. Despite domestic electricity and gas
prices being fairly low in comparison with international
market prices, the cost of saved energy for most options is
either low or negative: in other words, these EE investments
have a favorable rate of return and should be a key part of
energy sector development in Bangladesh. Higher electricity
or gas prices would increase the cost-effectiveness of all
options because the monetized value of energy saved would be higher. |
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