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Add to Preferred SourcesIn the past decade, national energy demand has increased on average 10 percent annually, and the demand for energy is projected to increase by more than two times by 2030.
Despite increased power generation capacity, Bangladesh faces significant outages during the peak demand hours, especially during the irrigation and summer seasons. Electricity generation per head remains amongst the lowest in the world.
In the face of increasing energy demand and gas shortage, the government with help from the World Bank decided to convert the Siddhirganj Peaking Power Project — originally designed as a 300 MW peaking power plant (gas-fired) — to an energy-efficient, combined cycle technology. This upgraded technology allows to produce more energy per unit of gas input. The cleaner technology reduces emission while ensuring higher thermal efficiency.
Not only did the government and the World Bank find creative and flexible solutions to upgrade the technology, but a flexible approach also helped the local community.
With this project, the World Bank’s ongoing support in the energy sector in Bangladesh totals about $2.4 billion, covering generation, transmission, and distribution, including renewable energy. The World Bank-supported projects have so far added a total of 2603 MW to the sector, including 120 MW through off-grid/renewable option.
Original source: World Bank
Published on 21 November 2019