Team Europe Initiative

Green Energy Transition in

Bangladesh
The Team Europe Initiative Green Energy Transition (TEI GET) is a partnership
between the EU, Germany and other like-minded partners that aims to support
Bangladesh's transition to a low carbon power system and enhance energy
efficiency.

Submitted by-
Priya Sharma- 4381546
Prairna Singh -4378730
Priya -4381956
Monika Thakur-4380086
Dipasha Mulasi-4384162
Tackling the Policy Challenge
Power Play

TEI GET is geared towards promoting a conducive policy/regulatory environment for low carbon
power systems in Bangladesh.

Green Light

The initiative assures that the government and society in Bangladesh are on board with the
green energy transition.

Policy-Maker Dialogue

TEI GET facilitates a dialogue between policymakers, private sector, CSOs, financial institutions
and other stakeholders in Bangladesh to create a supportive regulatory framework for
sustainable energy.
Green Market Against Climate Change

Renewable Energy Sources Solar Power Green Buildings

TEI GET promotes the creation of
an effective market for
sustainable energy in Bangladesh
that incentivizes the best
technology in the right place.
The vast potential for renewable
energy sources in Bangladesh
make it both possible and
necessary to develop an effective
green market.
Buildings consume a significant
share of energy in Bangladesh. TEI
GET aims to upscale the green
construction sector, with a focus
on the brick sector.
Optimizing the Grid Infrastructure
1 A Smarter Grid

As the share of variable renewable energy grows, TEI GET aims to continuously optimize,
expand and make Bangladesh's grid infrastructure smarter.

2 Distributed Energy Systems

TEI GET focuses on financing and promoting the implementation of distributed energy
systems that can increase access to reliable and sustainable energy.

3 Sustainable Grid Infrastructure

New grid infrastructure is built with a view towards it being more sustainable, both in terms
of environmental impact and economic viability.
Demand Response for Efficient Energy Use
Optimized Distribution
Efficiency in distribution, both technical
and commercial, is a key feature of TEI
GET projects.
1 Efficient Generation
TEI GET seeks to enhance energy efficiency
throughout the entire energy supply
2 chain, starting from generation.
3 Efficient Consumption
TEI GET makes efforts to increase the
uptake of energy-efficient appliances,
reduce transmission losses and promote
system-wide efficiency.
EU-EIB Support for Renewable Energy in
Bangladesh
Facility Amount EUR 350 million

Grants EUR 45 million

Key Aspect Supports Bangladesh to have in place a power

system that leads to maximum coverage of the
country's energy demand through renewable
energy, while reducing demand through energy
efficiency
Technical Assistance and Project Financing in
Bangladesh
Technical Assistance:
• The partnership for Green Energy Transition
• Enabling regulatory and policy framework
(EUR 5+7 million)
Project Financing:
• Scaling up green construction in Bangladesh,
with a focus on the brick sector
• Regional Energy Connectivity in South Asia
(EUR 5 million)
TEI GET Retreat 2023
On November 2, 2023, the TEI GET members gathered for their second retreat to
discuss the green energy transition in Bangladesh. They aimed to define
strategies and priorities for progress.

The retreat achieved a common understanding of relevant issues, a shared

vision for the TEI GET, commitments from participants, and increased ownership
by member states.
Enabling Regulatory Framework

Policy Alignment Legal Clarity

Developing a framework that aligns policies of Ensuring clear legal provisions and regulations for a
various stakeholders to accelerate the green energy smooth transition to renewable energy sources.
transition.

Government Support Efficiency Measures

Building partnerships with the government to Implementing energy efficiency measures through
facilitate supportive policies and remove barriers to policy initiatives and encouraging energy-conscious
green energy adoption. behavior.
Renewable Energy
Solar Power
Scaling up solar energy
generation through favorable
policies, incentives, and
innovative financing models.
Wind Potential
Exploring the vast wind
potential in Bangladesh and
creating an enabling
environment for wind energy
projects.
Hydropower
Tapping into hydropower
resources, ensuring
sustainable practices, and
minimizing environmental
impacts.
Grid Infrastructure
1 Expansion Plans

Developing a robust grid infrastructure expansion plan to accommodate the

growing demand for green energy.

2 Smart Grid Integration

Integrating smart grid technologies for efficient energy management, load

balancing, and real-time monitoring.

3 Decentralized Energy Systems

Promoting the establishment of decentralized energy systems to enhance energy

resilience and reduce transmission losses.
Financing Strategies

Public-Private Partnerships Financial Incentives

Creating a conducive environment for public-private Introducing financial incentives such as tax breaks,
partnerships to attract investments in green energy grants, and low-cost financing options to encourage
projects. investments in renewable energy.

Green Bonds Investment Risk Mitigation

Exploring the potential of issuing green bonds to Developing strategies to mitigate investment risks
mobilize funds for large-scale renewable energy and attract long-term capital for sustainable energy
projects. projects.
Regional Energy Connectivity
1 Cross-Border Collaboration

Strengthening regional cooperation for the development of interconnected energy

markets and cross-border power trade.

2 Infrastructure Sharing

Exploring opportunities for infrastructure sharing and interconnection to improve

energy efficiency and foster regional energy security.

3 Policy Harmonization

Harmonizing policies and regulations across borders to facilitate the seamless flow
of clean energy across the region.
Capacity Building
1 Technical Expertise

Enhancing technical capacity through training programs, knowledge sharing, and exchange
of best practices.

2 Institutional Strengthening

Supporting institutions in developing robust frameworks, standards, and guidelines for the
green energy sector.

3 Skills Development

Empowering individuals with the skills and knowledge required for the design, installation,
and maintenance of green energy systems.
Innovation and Research
R&D Investment Start-up Incubation Collaborative Research

Increasing investment in Establishing incubation Promoting collaborative

research and development to centers and innovation hubs research projects among
drive innovation and to support the growth of universities, research
technological advancements green energy start-ups and institutions, and industry
in the green energy sector. foster entrepreneurship. stakeholders.
Conclusion

"TEI GET is the fruit of an important partnership coming together with the common goal of supporting
Bangladesh during its green transition," says the Minister of Energy.
TEI GET aims to implement a power system for Bangladesh that is climate-friendly and sustainable, whilst
benefiting the growth and welfare of people and business within the country.
The TEI GET Retreat 2023 provided a platform to discuss and shape the future of the green energy transition in
Bangladesh. With a focus on regulatory framework, renewable energy, grid infrastructure, financing, regional
connectivity, capacity building, and innovation, the TEI GET aims to drive sustainable energy transformation for
a greener future.