Even as global fuel prices stabilise, Bangladesh struggles to import sufficient LNG satisfy escalating demand. So rather than import more LNG, the country can save almost half a billion dollars a year by reducing demand for this highly volatile fossil fuel. The solutions do not lie offshore but closer to home, such as in replacing the nation’s vast stock of ageing, inefficient captive gas-fired power generators. Replacing these with efficient models, which are readily available, may incur an upfront cost, but this study shows that the capital outlay for this is recouped between 1.5 and five years. The return on […]
