Environmental Science
3 years ago

Renewable energy preferred over grid electricity in Bangladesh for cost savings.

Research Square (Research Square)
Renewable Energy for Long-Term Growth and Development: Bangladesh Perspective
Taskin Jamal, Christopher J. Fogwill, Ashraf Hossain Bhuiyan

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Renewable energy preferred over grid electricity in Bangladesh for cost savings.

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Renewable energy systems are preferred by people in Bangladesh over traditional grid-connected electricity due to lower costs. Even when given the option of cheaper grid electricity, beneficiaries still choose renewable energy. To encourage more use of renewables, mechanisms like net-metering, feed-in tariffs, tax cuts, and subsidies for renewable energy projects are recommended.