A WIND ENERGY POTENTIAL, PROGRESS AND CHALLENGES IN BANGLADESH: A REVIEW

Abstract

Although Bangladesh has the potential for 100% electricity generation, a power shortage caused by limited fossil fuel supply, alongside a growing fuel crisis, underscores the urgent need to shift towards sustainable energy solutions. This review paper delves into the realm of wind energy, assessing its potential as an alternative and renewable energy source within the country. It explores the promising prospects of wind energy, underpinned by the country's favorable geographical and climatic conditions. However, a variety of obstacles that fall into the technological, financial, and environmental categories stand in the way of fully realizing the promise of wind energy. Technical concerns include things like grid integration, intermittency management, and turbine technology. Significant challenges are posed by economic impediments, such as high starting expenses and inadequate finance channels. Furthermore, the complex interactions between wind energy and the environment demand that environmental effects be carefully considered. This study proposes potential solutions that include technology innovation, governmental interventions, financing methods, and environmental management strategies to solve these difficulties. This article has put forth actionable suggestions in three areas: technological, economic, and environmental. In the field of technology, it is important to enhance the design of turbines, including the potential benefits of diffused augmented wind turbines (DAFT) and building augmented wind turbines (BAWT). A stable microgrid system could be a beneficial asset for Bangladesh's current circumstances. In addition to cooperation between development financial institutions (DFIs) and government, Feed-In-Tariffs (FITs) and green bonds could serve as effective mechanisms for funding renewable energy projects.