Energy Transmission System in Bangladesh
The growth in the energy sector of a country heavily relies on an efficient transmission system. Without an efficient transmission system, more generation in energy will be meaningless in the first place. The single integrated buyer electricity market model of Bangladesh has insufficient access to retail competition that leads to monopoly business of electricity. It is costly to build transmission networks (electricity lines) since there exists a natural monopoly in the market. It is to be expected that potential competitors would not be willing to make the capital investment needed even to enter the monopolist’s market. Thus, the government should regulate the market to reduce the monopoly power and design a private system of ownership to decrease the economic losses by the inefficient operations in the transmission sector.
KeywordsTransmission line Efficient Network Bangladesh Energy Electricity Market Monopoly Government
We acknowledge the contribution of Mr. Irman Sazzad in preparing this article. Sazzad can be reached at email@example.com.
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