In 2021, Bangladesh scrapped 90% of its planned coal expansion because of the rising costs of coal imports and increased price per generation unit, including cancelling plans to build ten coal-fired power plants.1,2 However, Bangladesh is substituting its previous expansion coal plans with gas instead of renewable energy.
1.5°C compatible pathways show that the power sector would need to fully decarbonise by around 2040. This would be driven by a phase out of natural gas by 2040 and an increased share of renewable energy – from 2% in 2017 to 24-36% by 2030 and 88-99% by 2040. This stands in contrast with the country’s plans to increase renewables based power generation to only 40% by 2041]
Key power sector benchmarks
Renewables shares and year of zero emissions power Including the use of BECCS
- 2030 24 to 36% Renewable share
- 2040-2044 Zero emissions power
- 2041 40 % Renewable share
- 2048 97 to 99% Renewable share