Renewable resources should be used as an alternative to non-renewable resources, youths said.
They also said that renewable resources are endless while non-renewable resources are limited.
They expressed their opinion at a seminar at Muzaffar Ahmed Chowdhury Auditorium of Dhaka University (DU) on Monday.
The seminar was organised by South Asian Network on Economic Modeling (SANEM), titled "Youth's Perception on Renewable Energy".
Youths also said if we reduce the usage of these non-renewable resources and use renewable resources such as sunlight, wind flow, river flow for our needs, the non-renewable resources won't end easily.
They also said that the environment is greatly polluted due to the use of non-renewable resources.
Dr Sayema Haque Bidisha, DU Professor and also the research Director of SANEM, said that Bangladesh's electricity system is primarily import-dependent and more than half of its electricity is generated by domestic gas and imported liquefied natural gas (LNG). According to Bangladesh Economic Survey data, the overall power capacity increased by 4.45% or 1000 MW in FY 2022-23.
She also said the annual report of the Bangladesh Power Development Board showed that it faced a business loss of Tk 32.33 billion in the financial year 2021-22.
Bangladesh is one of the signatories of the Paris Climate Agreement and is committed to reducing carbon emissions, she added.
She also said that under increasing pressure, the assumption is that tariffs on imported coal, oil and LNG will continue to rise and, as a result, pressure on the economy will increase. Moreover, the high cost of primary fuel has put enormous pressure on the international market. Other speakers also said that Bangladesh government has set a target of achieving 30% clean energy by 2030 and 40% by 2041.
SANEM is conducting research on the cost and economic impact of growing dependence on LNG imports. At the same time, SANEM is also working on how the use of renewable energy can accelerate the growth and overall development of Bangladesh. The main objective of this research is to find a sustainable way to steer Bangladesh towards green and clean energy.
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