Bangladesh Power Storage System

Can energy storage be used in Bangladesh?

Concluded in May 2023, the assignment assessed available energy storage technologies, evaluated the role of energy storage in the current grid conditions, identified potential storage locations, analysed energy storage requirements under variable renewable energy (VRE) integration, and developed a roadmap for energy storage in Bangladesh.

What's in the Bangladesh Power Sector Roadmap?

The roadmap highlights specific use-cases for consideration in the Bangladesh power sector over three different future time horizons. It also includes a summary of indicative policy and regulation actions and interventions that may be considered to enable the deployment of energy storage within the defined time horizons.

What is the peak demand for electricity in Bangladesh?

Notably, the maximum peak demand for electricity in Bangladesh was 14,792MW, served by BPDB on 16 April 2022. As the projected Gross Domestic Product (GDP) growth ra te for the current fiscal is 7.5% and assuming a similar growth in the next several years, electricity demand could grow at approximately 7% per annum.

What would happen if Bangladesh's power system did not change?

Without imminent major changes in the power system, Bangladesh would continue to find itself in a tricky position to import LNG, coal and oil. The revised annual report of the Bangladesh Power Development Board (BPDB) for the fiscal year (FY) 2021-22 shows that the country expects to add 25,840 megawatts (MW) of new power capacity by 2027.

Will Bangladesh have a surplus power plant in 2027?

The caveat is that even with an 8% growth in peak demand per annum from 2023 to 2027, Bangladesh would have a significant surplus capacity of 6,630MW (20.27%) beyond the 20% reserve margin. More than 80% of the 25,840MW of power plants on the anvil till 2027 will run on fossil fuels, such as gas, LNG, furnace oil, diesel and coal.

Will 97 economic zones increase power demand in Bangladesh?

Adequate investment in 97 economic zones, designed to spur economic development, could result in higher growth in power demand in the coming years. The caveat is that even with an 8% growth in peak demand per annum from 2023 to 2027, Bangladesh would have a significant surplus capacity of 6,630MW (20.27%) beyond the 20% reserve margin.