Specific energy storage applications dhaka

FE REPORT | June 02, 2023 00:00:00

Concluded in May 2023, the study assessed available energy storage technologies, evaluated the role of energy storage in the current grid conditions, identified potential storage locations and analysed energy storage requirements under variable renewable energy (VRE) integration.

It also developed a roadmap for energy storage in Bangladesh. The study also generated valuable insights and knowledge products on the applications and potential of energy storage in the country.

During an event on ''Energy Storage Roadmap Presentation & Handover: Driving Investments & Coordination'', hosted by the European Union Delegation at the EU Ambassador Charles Whiteley''s residence, study team leader Mohammad Arbaaz Nayeem shared the development on Thursday.

Also present at the event as special guests were Tania Khan, additional secretary, planning-2, power division, ministry of power, energy and mineral resources, and Mohammad Hossain, director general, power cell.

This occasion was the final milestone of an EU-funded scoping study on ''Options for Energy Storage in Bangladesh'' to support the Bangladesh government in its green energy transition.

The roundtable discussion featured the official presentation and handover of the energy storage roadmap to the Bangladesh government, marking a significant milestone in the collaborative efforts between the European Union and the government to advance the energy storage sector.

The roadmap highlights specific use-cases for consideration in the Bangladesh power sector over three different future time horizons. It also includes a summary of indicative policy and regulation actions and interventions that may be considered to enable the deployment of energy storage within the defined time horizons.

Moreover, the event served as a pivotal platform to steer the next steps in terms of investment opportunities: selected stakeholders, including development partners, financial institutions, and the private sector, were provided with valuable insights into the business opportunities identified by the study, and shared their views on the identified business cases.

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