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.
