EU presents roadmap for energy storage in BD

An EU-funded scoping study on 'Options for Energy Storage in Bangladesh' has been conducted to support the government in its green energy transition.
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.
Dr Towfiq-e-Elahi Chowdhury, advisor to prime minister on power, energy and mineral resources, attended the event as the chief guest.
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.
Munira Sultana, chairman of the Sustainable and Renewable Energy Development Authority (SREDA), was also present.
Around 40 high-level representatives from power sector, government stakeholders, power division, transmission and distribution utilities including as the managing directors of Dhaka Power Distribution Company (DPDC), Dhaka Electricity Supply Company Limited (DESCO), the chairman of Rural Electrification Board (BREB), Infrastructure Development Company Limited (IDCOL), representatives from Bangladesh Power Development Board (BPDB) and from Power Grid Company of Bangladesh (PGCB), as well as sector relevant donors including GIZ, AFD, ADB, the World Bank, EU Member States, the US Embassy and two private sector companies, also joined.
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.
This study was organised within the framework of Team Europe Initiative on Green Energy Transition, and as part of the EU Global Gateway strategy.
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.
The discussion fostered collaborations and partnerships between key actors involved in the green energy transition of Bangladesh.

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