BANGLADESH NEWS
The Chittagong Export Processing Zone spewed some 328,000 tonnes of carbon in 2010, and the emission can be reduced drastically if industrial units undertake mitigation projects, finds an International Finance Corporation study.
The study revealed that out of 167 CEPZ industrial units, seven consume 25 percent of the total power and as many consume 32 percent of total gas in the Zone.
The introduction of LED lighting can save up to 27 gigawatt hours (GWh) annually and huge gas can be saved if industries generate heat from boiler steam that flows in the air.
CEPZ had a total demand of 174 GWh power and 70.6 million cubic metre gas in 2011.
A senior IFC official Han-koo Yeo told that investment was not necessarily always needed to cut down gas or power use.
"Power can be saved even by only changing sitting arrangement of workers," he explained.
"It varies from unit to unit how much investment is needed to adopt green energy but it is certain that it pays off," he said.
A FTL bulb consumes 36 watt while a LED consumes 22, and if FTL lights are replaced with LED, the payback period is estimated to be 3.18 years, according to him.
Energy security
Bangladesh has huge energy supply and demand gap and it is expected to increase in the future.
The IFC report finds that power shortfall would be 20 per cent by 2015 while the current supply-demand mismatch for gas is about 500 mmcf.
The government has to provide a huge amount of subsidy to keep the energy price at a reasonable level but due to macroeconomic pressure, it is gradually tightening its belts.
Yeo said the industrial sector was facing energy security problem, and at the same time, withdrawal of subsidy was pushing up their energy bills.
"In addition to that, international buyers prefer those companies which are more environment-friendly."
The units would have to resort to green energy to remain competitive and ensure a sustainable development in the business.
He said awareness and sharing of knowledge were the two most crucial factors to be considered in adopting the Green itiative.
The study revealed that out of 167 CEPZ industrial units, seven consume 25 percent of the total power and as many consume 32 percent of total gas in the Zone.
The introduction of LED lighting can save up to 27 gigawatt hours (GWh) annually and huge gas can be saved if industries generate heat from boiler steam that flows in the air.
CEPZ had a total demand of 174 GWh power and 70.6 million cubic metre gas in 2011.
A senior IFC official Han-koo Yeo told that investment was not necessarily always needed to cut down gas or power use.
"Power can be saved even by only changing sitting arrangement of workers," he explained.
"It varies from unit to unit how much investment is needed to adopt green energy but it is certain that it pays off," he said.
A FTL bulb consumes 36 watt while a LED consumes 22, and if FTL lights are replaced with LED, the payback period is estimated to be 3.18 years, according to him.
Energy security
Bangladesh has huge energy supply and demand gap and it is expected to increase in the future.
The IFC report finds that power shortfall would be 20 per cent by 2015 while the current supply-demand mismatch for gas is about 500 mmcf.
The government has to provide a huge amount of subsidy to keep the energy price at a reasonable level but due to macroeconomic pressure, it is gradually tightening its belts.
Yeo said the industrial sector was facing energy security problem, and at the same time, withdrawal of subsidy was pushing up their energy bills.
"In addition to that, international buyers prefer those companies which are more environment-friendly."
The units would have to resort to green energy to remain competitive and ensure a sustainable development in the business.
He said awareness and sharing of knowledge were the two most crucial factors to be considered in adopting the Green itiative.
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