A smooth supply of energy is essential to economic development and the achievement of the United States’ Sustainable Development Goals.
Bangladesh’s Gross Domestic Product (GDP) is currently $ 455 billion. According to Bangla Media reports, the ICCB expects GDP from 2022 to 2011 to be $ 510 billion.
Bangladesh will need 34,000 MW of electricity by 2030 to sustain economic growth of over 7%, the International Chamber of Commerce-Bangladesh’s latest breaking news said. Experts cited in the bullet points suggest that onshore and offshore gas and oil exploration and transmission and distribution improvements should be a top priority.
Currently, the country has a power generation capacity of over 23,000 MW and 100% coverage. According to the Bangladesh Electricity Development Commission, the surplus of electricity generation is about 8,000 MW, according to the ICCB.
Biomass accounts for about 27% of primary energy and the rest is covered by commercial energy. Natural gas accounts for about 62% of commercial energy (imported LNG accounts for 8%), and most of the rest is imported oil.
Fiber2Fashion News Desk (DS)
Bangladesh will need 34,000 MW of electricity by 2030: ICCB
Source link Bangladesh will need 34,000 MW of electricity by 2030: ICCB
(Note: This is an unedited and auto-generated story from Syndicated News feed. PriyaSaha.Com Staff may not have modified or edited the content body. Please visit the Source Website that deserves the credit and responsibility for creating this content.)
