IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v137y2020ics0301421519307050.html
   My bibliography  Save this article

An assessment of opportunities and challenges for cross-border electricity trade for Bangladesh using SWOT-AHP approach

Author

Listed:
  • Haque, H.M. Enamul
  • Dhakal, Shobhakar
  • Mostafa, S.M.G.

Abstract

Regional electricity cooperation in South Asia, especially between Bhutan, Bangladesh, India and Nepal (BBIN), has been under debate recently. Recent discussions have gone beyond bilateral electricity trade to regional or tripartite trade. With limited energy resources and rapidly rising demand, cross-border electricity trade has been viewed as an alternative source of cleaner and lower price electricity supply in the long-term alongside domestic generation in Bangladesh. In this context, this study identifies barriers and opportunities for electricity trading for Bangladesh, focusing on the stakeholders’ perceptions. Theses stakeholder are representatives of public organizations in the power sector, Independent Power Producers, academia, geopolitical experts and research institutes. A well-structured SWOT analysis, in combination with Analytical Hierarchy Process (AHP), is used to identify the SWOT factors and subsequently rank them. Our analysis shows that the weaknesses and threats are more pronounced than strengths and opportunities for electricity trade from the viewpoint of Bangladesh. Several possible strategies are proposed to overcome the hindrances. Among the proposed strategies, a key strategy is the signing of a trilateral electricity trading agreement with joint development and implementation of cross-border power projects. However, to achieve these strategies, it will require meticulous planning, political will, and visionary leadership across BBIN sub-region.

Suggested Citation

  • Haque, H.M. Enamul & Dhakal, Shobhakar & Mostafa, S.M.G., 2020. "An assessment of opportunities and challenges for cross-border electricity trade for Bangladesh using SWOT-AHP approach," Energy Policy, Elsevier, vol. 137(C).
    • Handle: RePEc:eee:enepol:v:137:y:2020:i:c:s0301421519307050
    DOI: 10.1016/j.enpol.2019.111118
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421519307050
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2019.111118?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Srivastava, Leena & Misra, Neha, 2007. "Promoting regional energy co-operation in South Asia," Energy Policy, Elsevier, vol. 35(6), pages 3360-3368, June.
    2. Shi, Xunpeng, 2016. "The future of ASEAN energy mix: A SWOT analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 672-680.
    3. Huda, Mirza Sadaqat & McDonald, Matt, 2016. "Regional cooperation on energy in South Asia: Unraveling the political challenges in implementing transnational pipelines and electricity grids," Energy Policy, Elsevier, vol. 98(C), pages 73-83.
    4. Shrestha, Ram K. & Alavalapati, Janaki R. R. & Kalmbacher, Robert S., 2004. "Exploring the potential for silvopasture adoption in south-central Florida: an application of SWOT-AHP method," Agricultural Systems, Elsevier, vol. 81(3), pages 185-199, September.
    5. Singh, Anoop & Jamasb, Tooraj & Nepal, Rabindra & Toman, Michael, 2018. "Electricity cooperation in South Asia: Barriers to cross-border trade," Energy Policy, Elsevier, vol. 120(C), pages 741-748.
    6. Kurttila, Mikko & Pesonen, Mauno & Kangas, Jyrki & Kajanus, Miika, 2000. "Utilizing the analytic hierarchy process (AHP) in SWOT analysis -- a hybrid method and its application to a forest-certification case," Forest Policy and Economics, Elsevier, vol. 1(1), pages 41-52, May.
    7. Chen, Wei-Ming & Kim, Hana & Yamaguchi, Hideka, 2014. "Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan," Energy Policy, Elsevier, vol. 74(C), pages 319-329.
    8. Yoram Wind & Thomas L. Saaty, 1980. "Marketing Applications of the Analytic Hierarchy Process," Management Science, INFORMS, vol. 26(7), pages 641-658, July.
    9. Catron, Jonathan & Stainback, G. Andrew & Dwivedi, Puneet & Lhotka, John M., 2013. "Bioenergy development in Kentucky: A SWOT-ANP analysis," Forest Policy and Economics, Elsevier, vol. 28(C), pages 38-43.
    10. Kamal Raj Dhungel, 2008. "Regional Energy Trade in South Asia," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 9(1), pages 173-193, June.
    11. Oseni, Musiliu O. & Pollitt, Michael G., 2016. "The promotion of regional integration of electricity markets: Lessons for developing countries," Energy Policy, Elsevier, vol. 88(C), pages 628-638.
    12. Dwivedi, Puneet & Alavalapati, Janaki R.R., 2009. "Stakeholders' perceptions on forest biomass-based bioenergy development in the southern US," Energy Policy, Elsevier, vol. 37(5), pages 1999-2007, May.
    13. Darshini, Dina & Dwivedi, Puneet & Glenk, Klaus, 2013. "Capturing stakeholders´ views on oil palm-based biofuel and biomass utilisation in Malaysia," Energy Policy, Elsevier, vol. 62(C), pages 1128-1137.
    14. Timilsina, Govinda R. & Toman, Mike, 2016. "Potential gains from expanding regional electricity trade in South Asia," Energy Economics, Elsevier, vol. 60(C), pages 6-14.
    15. Kumar Singh, Bhupendra, 2013. "South Asia energy security: Challenges and opportunities," Energy Policy, Elsevier, vol. 63(C), pages 458-468.
    16. Timilsina,Govinda R., 2018. "How would cross-border electricity trade stimulate hydropower development in South Asia ?," Policy Research Working Paper Series 8513, The World Bank.
    17. Masozera, Michel K. & Alavalapati, Janaki R.R. & Jacobson, Susan K. & Shrestha, Ram K., 2006. "Assessing the suitability of community-based management for the Nyungwe Forest Reserve, Rwanda," Forest Policy and Economics, Elsevier, vol. 8(2), pages 206-216, March.
    18. Dyson, Robert G., 2004. "Strategic development and SWOT analysis at the University of Warwick," European Journal of Operational Research, Elsevier, vol. 152(3), pages 631-640, February.
    19. Markovska, N. & Taseska, V. & Pop-Jordanov, J., 2009. "SWOT analyses of the national energy sector for sustainable energy development," Energy, Elsevier, vol. 34(6), pages 752-756.
    20. Chanthawong, Anuman & Dhakal, Shobhakar, 2016. "Stakeholders' perceptions on challenges and opportunities for biodiesel and bioethanol policy development in Thailand," Energy Policy, Elsevier, vol. 91(C), pages 189-206.
    21. Ananda, Jayanath & Herath, Gamini, 2003. "The use of Analytic Hierarchy Process to incorporate stakeholder preferences into regional forest planning," Forest Policy and Economics, Elsevier, vol. 5(1), pages 13-26, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Natalia Iwaszczuk & Jacek Wolak & Aleksander Iwaszczuk, 2021. "Turkmenistan’s Gas Sector Development Scenarios Based on Econometric and SWOT Analysis," Energies, MDPI, vol. 14(10), pages 1-18, May.
    2. Andreas Coester & Marjan Hofkes & Elissaios Papyrakis, "undated". "Cross-border Electricity Transfers in the case of differentiated Renewable Energy Sources: A Simulation Analysis for Germany and Spain," Tinbergen Institute Discussion Papers 22-043/VIII, Tinbergen Institute.
    3. Francisco Javier García-Corral & Jaime de Pablo-Valenciano & Juan Milán-García & José Antonio Cordero-García, 2020. "Complementary Currencies: An Analysis of the Creation Process Based on Sustainable Local Development Principles," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    4. Samina Alam & Kazi Sajedur Rahman & Md. Rokonuzzaman & P. Abdul Salam & Md. Sazal Miah & Narottam Das & Shahariar Chowdhury & Sittiporn Channumsin & Suwat Sreesawet & Manun Channumsin, 2022. "Selection of Waste to Energy Technologies for Municipal Solid Waste Management—Towards Achieving Sustainable Development Goals," Sustainability, MDPI, vol. 14(19), pages 1-17, September.
    5. Ernest Baba Ali & Ephraim Bonah Agyekum & Parise Adadi, 2021. "Agriculture for Sustainable Development: A SWOT-AHP Assessment of Ghana’s Planting for Food and Jobs Initiative," Sustainability, MDPI, vol. 13(2), pages 1-24, January.
    6. Parra-López, Carlos & Reina-Usuga, Liliana & Carmona-Torres, Carmen & Sayadi, Samir & Klerkx, Laurens, 2021. "Digital transformation of the agrifood system: Quantifying the conditioning factors to inform policy planning in the olive sector," Land Use Policy, Elsevier, vol. 108(C).
    7. Hayati, Mohammad & Mahdevari, Satar & Barani, Kianoush, 2023. "An improved MADM-based SWOT analysis for strategic planning in dimension stones industry," Resources Policy, Elsevier, vol. 80(C).
    8. Irfan, Muhammad & Elavarasan, Rajvikram Madurai & Ahmad, Munir & Mohsin, Muhammad & Dagar, Vishal & Hao, Yu, 2022. "Prioritizing and overcoming biomass energy barriers: Application of AHP and G-TOPSIS approaches," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    9. Çağlar Kıvanç Kaymaz & Salih Birinci & Yusuf Kızılkan, 2022. "Sustainable development goals assessment of Erzurum province with SWOT-AHP analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 2986-3012, March.
    10. Jha, Amit Prakash & Mahajan, Aarushi & Singh, Sanjay Kumar & Kumar, Piyush, 2022. "Renewable energy proliferation for sustainable development: Role of cross-border electricity trade," Renewable Energy, Elsevier, vol. 201(P1), pages 1189-1199.
    11. Delio Salgado & Gabriel Awad, 2022. "Metodología para el análisis estratégico cuantitativo en proyectos a partir del análisis de riesgos," Estudios Gerenciales, Universidad Icesi, vol. 38(165), pages 424-435, November.
    12. Shervin Zakeri & Dimitri Konstantas & Naoufel Cheikhrouhou, 2022. "The Grey Ten-Element Analysis Method: A Novel Strategic Analysis Tool," Mathematics, MDPI, vol. 10(5), pages 1-22, March.
    13. Yusuff Jelili Amuda & Shafiqul Hassan & Umashankar Subramaniam, 2023. "Comparative Review of Energy, Crude Oil, and Natural Gas for Exchange Markets in Nigeria, India and Bangladesh," Energies, MDPI, vol. 16(7), pages 1-19, March.
    14. Bega, François & Lin, Boqiang, 2023. "China's belt & road initiative energy cooperation: International assessment of the power projects," Energy, Elsevier, vol. 270(C).
    15. Yue Pu & Yunting Li & Yingzi Wang, 2021. "Structure Characteristics and Influencing Factors of Cross-Border Electricity Trade: A Complex Network Perspective," Sustainability, MDPI, vol. 13(11), pages 1-25, May.
    16. Raza, Muhammad Yousaf & Lin, Boqiang, 2023. "Future outlook and influencing factors analysis of natural gas consumption in Bangladesh: An economic and policy perspectives," Energy Policy, Elsevier, vol. 173(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tahseen, Samiha & Karney, Bryan, 2017. "Opportunities for increased hydropower diversion at Niagara: An sSWOT analysis," Renewable Energy, Elsevier, vol. 101(C), pages 757-770.
    2. Chanthawong, Anuman & Dhakal, Shobhakar, 2016. "Stakeholders' perceptions on challenges and opportunities for biodiesel and bioethanol policy development in Thailand," Energy Policy, Elsevier, vol. 91(C), pages 189-206.
    3. Darshini, Dina & Dwivedi, Puneet & Glenk, Klaus, 2013. "Capturing stakeholders´ views on oil palm-based biofuel and biomass utilisation in Malaysia," Energy Policy, Elsevier, vol. 62(C), pages 1128-1137.
    4. Omkar Joshi & Rajan Parajuli & Gehendra Kharel & Neelam C Poudyal & Eric Taylor, 2018. "Stakeholder opinions on scientific forest management policy implementation in Nepal," PLOS ONE, Public Library of Science, vol. 13(9), pages 1-15, September.
    5. Dwivedi, Puneet & Alavalapati, Janaki R.R., 2009. "Stakeholders' perceptions on forest biomass-based bioenergy development in the southern US," Energy Policy, Elsevier, vol. 37(5), pages 1999-2007, May.
    6. Collins Okello & Stefania Pindozzi & Salvatore Faugno & Lorenzo Boccia, 2014. "Appraising Bioenergy Alternatives in Uganda Using Strengths, Weaknesses, Opportunities and Threats (SWOT)-Analytical Hierarchy Process (AHP) and a Desirability Functions Approach," Energies, MDPI, vol. 7(3), pages 1-22, February.
    7. Uddin, Mohammad Nizam & Hossain, Mohammad Mosharraf & Chen, Yong & Siriwong, Wapakorn & Boonyanuphap, Jaruntorn, 2019. "Stakeholders' perception on indigenous community-based management of village common forests in Chittagong hill tracts, Bangladesh," Forest Policy and Economics, Elsevier, vol. 100(C), pages 102-112.
    8. Bega, François & Lin, Boqiang, 2023. "China's belt & road initiative energy cooperation: International assessment of the power projects," Energy, Elsevier, vol. 270(C).
    9. Liu, Guiwen & Zheng, Saina & Xu, Pengpeng & Zhuang, Taozhi, 2018. "An ANP-SWOT approach for ESCOs industry strategies in Chinese building sectors," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 90-99.
    10. Lee, Seungbum & Walsh, Patrick, 2011. "SWOT and AHP hybrid model for sport marketing outsourcing using a case of intercollegiate sport," Sport Management Review, Elsevier, vol. 14(4), pages 361-369.
    11. Madjid Tavana & Mariya Sodenkamp & Leena Suhl, 2010. "A soft multi-criteria decision analysis model with application to the European Union enlargement," Annals of Operations Research, Springer, vol. 181(1), pages 393-421, December.
    12. Ho, William, 2008. "Integrated analytic hierarchy process and its applications - A literature review," European Journal of Operational Research, Elsevier, vol. 186(1), pages 211-228, April.
    13. Grošelj, Petra & Hodges, Donald G. & Zadnik Stirn, Lidija, 2016. "Participatory and multi-criteria analysis for forest (ecosystem) management: A case study of Pohorje, Slovenia," Forest Policy and Economics, Elsevier, vol. 71(C), pages 80-86.
    14. Rico, Margarita & González, Andrés, 2015. "Social participation into regional forest planning attending to multifunctional objectives," Forest Policy and Economics, Elsevier, vol. 59(C), pages 27-34.
    15. Nepal, Rabindra & Paija, Nirash, 2019. "Energy security, electricity, population and economic growth: The case of a developing South Asian resource-rich economy," Energy Policy, Elsevier, vol. 132(C), pages 771-781.
    16. Kajanus, Miika & Leskinen, Pekka & Kurttila, Mikko & Kangas, Jyrki, 2012. "Making use of MCDS methods in SWOT analysis—Lessons learnt in strategic natural resources management," Forest Policy and Economics, Elsevier, vol. 20(C), pages 1-9.
    17. Li, Chengjiang & Negnevitsky, Michael & Wang, Xiaolin, 2020. "Prospective assessment of methanol vehicles in China using FANP-SWOT analysis," Transport Policy, Elsevier, vol. 96(C), pages 60-75.
    18. Çağlar Kıvanç Kaymaz & Salih Birinci & Yusuf Kızılkan, 2022. "Sustainable development goals assessment of Erzurum province with SWOT-AHP analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 2986-3012, March.
    19. Etongo, Daniel & Kanninen, Markku & Epule, Terence Epule & Fobissie, Kalame, 2018. "Assessing the effectiveness of joint forest management in Southern Burkina Faso: A SWOT-AHP analysis," Forest Policy and Economics, Elsevier, vol. 90(C), pages 31-38.
    20. Tortajada, Cecilia & Saklani, Udisha, 2018. "Hydropower-based collaboration in South Asia: The case of India and Bhutan," Energy Policy, Elsevier, vol. 117(C), pages 316-325.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:137:y:2020:i:c:s0301421519307050. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.