Asia-Pacific
With a power score of 1.89, Bangladesh ranks number 57 among Emerging Markets and number 16 in the Asia-Pacific region
Power score
1.89/5
Score over time
2021 - 2024
Bangladesh has a power score of 1.89, which puts it at rank 57 in the Emerging Markets power ranking. In comparison to 2023, Bangladesh has dropped in the power rankings by 4 places, from rank 53, to rank 57.
At 1.89, the power score of Bangladesh is worse than than the regional average of 1.94 in the Asia-Pacific region and puts it at rank 16 in the region.
Bangladesh implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Net metering, Import tax incentives, VAT incentives, and Renewable Energy Certificates.
The average electricity price in Bangladesh has dropped from 89.02 USD/MWh in 2022 to 82.72 USD/MWh in 2023. Since 2017, the average electricity price in Bangladesh has fluctuated between 82.72 USD/MWh (2023) and 99.18 USD/MWh (2020).
The top amount of capacity installed in Bangladesh in 2023 was in Natural Gas at 47.37%, down from 49.63% in 2022. The technology with the biggest increase in capacity installed in 2023 was Coal at 17.89%, up from 11.6% in 2022.
The top amount of electricity generated in Bangladesh in 2023 was in Natural Gas at 63.69%, up from 55.34% in 2022.
Investment in clean energy in Bangladesh was around $333.89 million in 2023, an increase of 3.64% from 2022 ($322.17 million). Between 2018 and 2023, the highest investment in clean energy was in 2021 at $539.54 million, while the lowest was in 2018 with $27.88 million.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.