‘Bangladeshi energy masterplan should focus on renewables’
With the finances of national utility the Bangladesh Power Development Board in disarray thanks to rising capacity payments for often-inactive conventional power plants, renewables offer the hope of fiscal sustainability, according to the Institute for Energy Economics and Financial Analysis.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
Renewables can avoid crippling LNG and coal subsidy bill for Bangladesh
U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.
