The technical system characteristics of the Bangladesh power system are favorable for energy storage to reduce the cost of supply during peak demand periods and improve system reliability. Bangladesh’s energy policy framework does not articulate a clear vision for energy storage in the country.
At the national level, Bangladesh’s energy sector is governed by the MPEMR. Within MPEMR’s Power Division, the Power Cell is responsible for implementing various power sector reform activities, such as developing the Power System Master Plans. The latest PSMP was released in 2016, followed by an updated revision in 2018.
While Bangladesh does not have specific programs or policies to support energy storage deployment, the policies developed to promote private sector investments illustrate how such programs could be implemented in the future.
To ensure growing energy supply and reducing ghg emission, Bangladesh sees Nuclear energy as a viable option. To this fact, the govt of Bangladesh has already started construction of the Rooppur Nuclear Power Plant. It will be a 2.4 GWe nuclear power plant and will be the country's first.
The utility electricity sector in Bangladesh has one national grid operated by Power Grid Company of Bangladesh with an installed capacity of 25,700 MW as of June 2022. Bangladesh 's energy sector is not up to the mark. However, per capita energy consumption in Bangladesh is considered higher than the production.
Currently, the power plant is feeding 20MW to the national grid. Bangladesh has planned to produce 10% of total power generation by 2020 from renewable energy sources like wind, waste, and solar energy.