A Survey of Cross Country Generation Mix – Opportunities and Challenges: Bangladesh, Australia, and the U.S.A. Perspectives

Abstract

Optimal electricity generation mix profile is one

of the influential elements need to be considered for the

economic growth of a country. This paper represents a survey

of generation mix data in Bangladesh, Australia, and the USA.

Overall power generation scenarios among these countries with

different representative economic scale are critically reviewed.

These countries follow a different kind of generation mix trend

to meet their present and future demand. The study found

some challenging factors and various obstacles in electricity

generation to meet demand. The decreasing use of fossil fuel

resources, environmental constrict, and the high cost of

electricity production – a few dominant factors. Though

developed countries like Australia and the USA are

emphasizing renewable energy over fossil fuel-based resources

and they are producing a big amount of electricity from

renewable resources. However, renewable raises uncertainty in

the system operation in proportion to the level of penetration.

In fact, fossil fuel resources are depleting day by the day hence

renewable energy will lead future electricity sector.

Nevertheless, developing countries like Bangladesh is not

producing electricity from renewable resources that much

compared to developed countries. One common aspect found

that the dependency on the gas-based power plant and

renewable energy is increasingly rising. This study shows how

a developing country and developed countries handling their

electricity generation and price sector using various fuel

sources that can help other countries to design their generation

policy framework.