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Akash FA, Shovon SM, Rahman W, Rahman MA, Chakraborty P, Monir MU. Greening the grid: A comprehensive review of renewable energy in Bangladesh. Heliyon 2024; 10:e27477. [PMID: 38495129 PMCID: PMC10943453 DOI: 10.1016/j.heliyon.2024.e27477] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [What about the content of this article? (0)] [Affiliation(s)] [Abstract] [Key Words] [Track Full Text] [Download PDF] [Figures] [Journal Information] [Subscribe] [Scholar Register] [Received: 10/06/2023] [Revised: 01/11/2024] [Accepted: 02/29/2024] [Indexed: 03/19/2024] Open
Abstract
The escalating global demand for energy has coincided with economic development, while Bangladesh's reliance on renewable energy remains modest at 4.59%. Investigating economically viable solutions such as solar, biomass, and other renewable sources, the research underscores the pivotal role of sound policies and a strategic plan in transforming the current energy landscape. Despite facing various challenges, particularly in technology, the implementation of sound policies and a strategic plan can substantially alter the current landscape. By reviewing the Renewable Energy Policy of 2008 and incorporating recommendations from United States Agency for International Development (USAID) in 2023, this paper not only delves into challenges and future prospects but also aligns with the Sustainable Development Goal (SDG) aimed at achieving affordable and clean energy. This study contributes valuable insights by proposing methodologies to generate renewable energy by offering a comprehensive overview of the present energy scenario in Bangladesh, with a focus on strategic policy recommendations, thus surpassing previous efforts in the literature. The paper, in its entirety, strives to foster the adoption of renewable energy while concurrently mitigating reliance on conventional fossil fuels.
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Affiliation(s)
- Faysal Ahamed Akash
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
| | - Shaik Muntasir Shovon
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
| | - Wahida Rahman
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
| | - Md Abdur Rahman
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
| | - Prosenjeet Chakraborty
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
| | - Minhaj Uddin Monir
- Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
- Energy Conversion Laboratory, Department of Petroleum and Mining Engineering, Jashore University of Science and Technology, Jashore, 7408, Bangladesh
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Alnafrah I, Okunlola O, Sinha A, Abbas S, Dagestani AA. Unveiling the environmental efficiency puzzle: Insights from global green innovations. J Environ Manage 2023; 345:118865. [PMID: 37659369 DOI: 10.1016/j.jenvman.2023.118865] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [What about the content of this article? (0)] [Affiliation(s)] [Abstract] [Key Words] [MESH Headings] [Track Full Text] [Subscribe] [Scholar Register] [Received: 06/28/2023] [Revised: 07/19/2023] [Accepted: 08/26/2023] [Indexed: 09/02/2023]
Abstract
The latest surge of global uncertainty and disruptions in global supply networks put policymakers under pressure to emprise green innovations as a vital tool to address environmental concerns. However, producing green innovations doesn't always help in achieving environment-related sustainable development goals. Therefore, in this study, we endeavour to investigate to what extent green innovations are efficient in improving environmental efficiency. To this end, a network bias-corrected data envelopment analysis and clustering analysis is applied. The data used in this study covers 42 countries from different regions, spanning from 2000 to 2020. The results reveal that most countries have not made major advancements in environmental efficiency signifying the low level of green innovations utilization to achieve environment-related sustainable development goals (SDGs). Additionally, the results demonstrate a U efficiency curve for inputs-oriented green innovations efficiency over time, indicating that the initial stages of green innovations production are associated with a decreased return. However, over time, the efficiency exhibits an upward trend. The benchmarking analysis reveals that South American and European Union nations set the bar for other countries in terms of efficiently leveraging green innovations to achieve SDGs. Our findings also suggest that environmental efficiency is more dependent on green-supporting policies such as green energy production and green taxes. As a result, we conclude that achieving environmental SDGs while utilizing green innovations does not always result in the development of other SDGs. Therefore, policymakers need to prioritize pursuing a green developmental approach and supporting policies to achieve environment-related SDGs and other SDGs.
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Affiliation(s)
- Ibrahim Alnafrah
- Graduate School of Economics and Management, Ural Federal University, Yekaterinburg, Russia.
| | - Olalekan Okunlola
- Department of Economics and International Business, Derby Business School, University of Derby, UK.
| | - Avik Sinha
- Management Development Institute, Gurgaon, India.
| | - Shujaat Abbas
- Graduate School of Economics and Management, Ural Federal University, Yekaterinburg, Russia; Adnan Kassar School of Business, Lebanese American University, Beirut, Lebanon.
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