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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okr-10986-310492021-05-25T09:20:32Z Demand-Side Energy Efficiency Opportunities in Bangladesh Hossain, Ijaz Sarkar, Ashok Pargal, Sheoli ENERGY DEMAND ENERGY EFFICIENCY ENERGY USE ENERGY CONSUMPTION ENERGY CONSERVATION SMALL AND MEDIUM ENTERPRISES ELECTRICITY LIGHTING GAS PRICES 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. 2018-12-20T18:23:12Z 2018-12-20T18:23:12Z 2017 Report http://documents.worldbank.org/curated/en/845631543398730054/Demand-Side-Energy-Efficiency-Opportunities-in-Bangladesh http://hdl.handle.net/10986/31049 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work South Asia Bangladesh |
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institution |
Digital Repositories |
building |
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language |
English |
topic |
ENERGY DEMAND ENERGY EFFICIENCY ENERGY USE ENERGY CONSUMPTION ENERGY CONSERVATION SMALL AND MEDIUM ENTERPRISES ELECTRICITY LIGHTING GAS PRICES |
spellingShingle |
ENERGY DEMAND ENERGY EFFICIENCY ENERGY USE ENERGY CONSUMPTION ENERGY CONSERVATION SMALL AND MEDIUM ENTERPRISES ELECTRICITY LIGHTING GAS PRICES Hossain, Ijaz Sarkar, Ashok Pargal, Sheoli Demand-Side Energy Efficiency Opportunities in Bangladesh |
geographic_facet |
South Asia Bangladesh |
description |
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. |
format |
Report |
author |
Hossain, Ijaz Sarkar, Ashok Pargal, Sheoli |
author_facet |
Hossain, Ijaz Sarkar, Ashok Pargal, Sheoli |
author_sort |
Hossain, Ijaz |
title |
Demand-Side Energy Efficiency Opportunities in Bangladesh |
title_short |
Demand-Side Energy Efficiency Opportunities in Bangladesh |
title_full |
Demand-Side Energy Efficiency Opportunities in Bangladesh |
title_fullStr |
Demand-Side Energy Efficiency Opportunities in Bangladesh |
title_full_unstemmed |
Demand-Side Energy Efficiency Opportunities in Bangladesh |
title_sort |
demand-side energy efficiency opportunities in bangladesh |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/845631543398730054/Demand-Side-Energy-Efficiency-Opportunities-in-Bangladesh http://hdl.handle.net/10986/31049 |
_version_ |
1764473452639551488 |