Advertisement

Drivers of Energy Demand in Bangladesh

A Wide Range of Activities Influences the Energy Demand of the End Consumers in Bangladesh
  • Sakib Bin AminEmail author
  • Saanjaana Rahman
Chapter

Abstract

The energy demand in Bangladesh is increasing at a very high rate, and the sustained growth in GDP fuels this demand. It is worth noting that millions of people are concentrating in townships every year and the number will keep on spiralling until prominent alternative jobs are created in other regions of the country. Mainly due to the immense opportunities and prospects, new residential buildings, shopping malls, grocery shops, educational institutions, offices and hospitals are growing in urban regions of Bangladesh, namely in Dhaka city and Chattogram. This is complementing to the rising demand for energy (mainly electricity) at a faster rate. It is essential that the policymakers in Bangladesh should have a clear understanding of the drivers of energy demand to formulate the energy policy which will ensure sustainable energy development in Bangladesh.

Keywords

Energy demand Drivers Bangladesh Growth Urbanisation Country Population Income Urban 

References

  1. Amin, S. B. (2015). The macroeconomics of energy price shocks and electricity market reforms: The case of Bangladesh. Ph.D. thesis, Durham University, Durham. Available at Durham E-Thesis: http://etheses.dur.ac.uk/11241/.
  2. Amin, S. B., & Khan, F. (2018). Modelling energy demand in Bangladesh: An empirical analysis. USAEE Working Paper. https://dx.doi.org/10.2139/ssrn.3188503.
  3. Aziz, A. A., Mustapha, N. H. K., & Ismail, R. (2013). Factors affecting energy demand in developing countries: A dynamic panel analysis. International Journal of Energy Economics and Policy, 3, 1–6. Available at https://www.econjournals.com/index.php/ijeep/article/viewFile/559/309.
  4. Bhatia, R. (1987). Energy demand analysis in developing countries: A review. The Energy Journal, 8, 1–33. Available at https://www.jstor.org/stable/23296864.
  5. Frank, M., & Sutorius, R. (2016). The drivers of global energy demand growth to 2050. A report published in the Energy Insights, Mckinsey. Available at https://www.mckinseyenergyinsights.com/insights/the-drivers-of-global-energy-demand-growth-to-2050/.
  6. Hoolohan, C., McLachlan, C., & Mander, S. (2016). Trends and drivers of end-use energy demand and the implications for managing energy in food supply chains: Synthesising insights from the social sciences. Sustainable Production and Consumption, 8, 1–17. Available at  https://doi.org/10.1016/j.spc.2016.06.002.CrossRefGoogle Scholar
  7. Power Sector Master Plan. (2016). Summary of power sector master plan. Final Report, Power Division, Ministry of Power, Energy and Mineral Resources Government of the People’s Republic of Bangladesh, September 2016. Available at https://powerdivision.portal.gov.bd/sites/default/files/files/powerdivision.portal.gov.bd/page/4f81bf4d_1180_4c53_b27c_8fa0eb11e2c1/2%20(1).pdf.
  8. Rasel, A. R. (2017). PDB for bringing battery-run vehicles under tariff regulations. A report published in the Daily Dhaka Tribune on 27 September 2017. Available at https://www.dhakatribune.com/bangladesh/power-energy/2017/09/27/pdb-bringing-battery-run-vehicles-tariff-regulations/.
  9. Wolfram, C., Shelef, O., & Gertler, P. (2012). How will energy demand develop in the developing world? Journal of Economic Perspectives, American Economic Association, 26(1), 119–138. Available at https://www.aeaweb.org/articles?id=10.1257/jep.26.1.119.CrossRefGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.School of Business and EconomicsNorth South UniversityDhakaBangladesh

Personalised recommendations