The Prospects of Coal as an Alternative Environmental Friendly Fuel to Mitigate Energy Crisis in Bangladesh Economy

23 Pages Posted: 31 May 2018

See all articles by Sakib Amin

Sakib Amin

North South University

Nadiul Islam

North South University

Date Written: May 31, 2018

Abstract

Various political, social and economic reasons made Bangladesh to realize the importance of finding alternative energy resources for future energy security. Coal is considered as one of the best options for Bangladesh to generate electricity as part of fuel diversification plan. Bangladesh has approximately 3 billion tonnes of underutilized coal resources and coal power plant is an affordable way to generate electricity. However, there is the argument of it being a dirty fuel. But due to technological advancement, the portrayal of coal has changed a lot. The adverse effects of burning coal can be minimized to a significant amount, if not completely cleansed. And on top of that, it is noteworthy to mention the coal in Bangladesh contains less amount of ash, when compared to other countries’ coal. A big challenge is the lack of expertise in handling power generation from coals. Moreover, there are some institutional constraints Bangladesh which needs to be controlled to attract investments in energy projects. Bangladesh also wishes to see better human resources management on projects to promote efficiency.

JEL Classification: Q42, Q48, Q51, P18

Suggested Citation

Amin, Sakib and Islam, Nadiul, The Prospects of Coal as an Alternative Environmental Friendly Fuel to Mitigate Energy Crisis in Bangladesh Economy (May 31, 2018). USAEE Working Paper, Available at SSRN: https://ssrn.com/abstract=3188475 or http://dx.doi.org/10.2139/ssrn.3188475

Sakib Amin

North South University ( email )

15 Ariful Haque Chowdhury Rd
Bashundhara Residential Area
Bangladesh, Dhaka 1229 1229
Bangladesh

Nadiul Islam (Contact Author)

North South University ( email )

15 Ariful Haque Chowdhury Rd
Bashundhara Residential Area
Bangladesh, Dhaka 1229 1229
Bangladesh

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