Episode 3: Despite the current crisis, there is no alternative to restructuring Bangladesh’s power and energy sector to sustain economic growth. Studies show that to maintain a 6–7% GDP growth, the annual growth in the energy sector must be at least 7–8%. According to forecasts, the country's peak electricity demand will reach approximately 25,000 MW by 2030.

The infrastructure for generation capacity is already in place (including nuclear and coal plants in the pipeline); however, the primary challenge lies in ensuring primary fuel supply and efficient management. To guarantee energy security by 2030, the country must address 5 key challenges:

1. Domestic Gas Exploration: Taking extensive initiatives to rapidly discover new gas fields onshore and offshore to avoid the high cost of LNG imports.

2. LNG and Infrastructure: Strengthening import infrastructure and regasification terminals capable of processing at least 2,000 MMCFD of LNG. 3. Expansion of Renewable Energy: Implementing a realistic blueprint to generate at least 3,000 MW of solar power and 500 MW of wind power by utilizing the sun and wind.

4. Modernization of the Transmission Grid: Upgrading the distribution and transmission network into a smart grid capable of carrying a load of at least 20,000 MW.

5. Proper Market Regulation of LPG: Expanding the LPG distribution network and curbing dishonest syndicates to ease the pressure on natural gas in households and industries.

The Core Roadmap to Recovery: Reducing import reliance by properly utilizing domestic natural resources, easing the burden of capacity charges through transparent contracts, and swiftly transitioning toward renewable energy can save Bangladesh from this recurring darkness. Only by ensuring proper management of fuel supply and price risks will the dream of 100% electrification shine with sustainable light.

Author: Anwaruzzaman Chowdhury, Politician & Mayor, Sylhet City Corporation.