Economic Benefits of Cross Border Power Trading: A Case Study for Bangladesh

Impact of COVID-19 on dispatch and capacity plan: A case study for Bangladesh

“…A MIP based modeling study based on the World bank Electricity Planning Model (EPM) ( Chattopadhyay and Bank, 2018 ) has been used for this analysis to extract the optimal generation options for the Bangladesh power system within the scope of economic analysis. The analysis extends previous studies ( Bangladesh Oil, 2020 ; Islam et al, 2020 ), with updated and expanded power system of Bangladesh and with the unprecedented COVID-19 impact analysis. This analysis covers the following analytical components: Hourly Dispatch Model is used to meet the demand for each hour of FY 2019 – FY 2020 in Bangladesh (divided into two zones – East and West – with a transfer limit of 1,200 MW).…”

“…We have also set the model to test the economics of BESS at the wholesale level. BESS for a developing country requires careful consideration as these are still relatively expensive investments for which there is no market-based mechanism in most countries, including Bangladesh ( Islam et al, 2020 ). At a wholesale level, the ability for the BESS to earn anything beyond energy arbitrage is limited.…”