Bangladesh's Surging Power Demand Amidst Political Upheaval

Bangladesh's electricity demand increased by 7% during three weeks of nationwide protests. Despite economic disruptions, power usage primarily driven by residential air-conditioning rose significantly. This trend, contrasting with other Asian nations, underscores the impact of extreme weather on household consumption and its implications for fossil fuel imports and energy markets.

In a surprising twist amid nationwide protests, Bangladesh's electricity demand surged by 7% over three weeks, data revealed. Households, striving to combat searing heat, significantly cranked up air-conditioners, driving this increase.

Despite widespread disruptions beginning July 16 due to protests against government job quotas, the country's power demand averaged 316 million kilowatt-hours per day, marking a 7% rise from the previous year. The figures were notable, considering most economic activities had nearly halted, with Prime Minister Sheikh Hasina fleeing on Aug. 6.

This rise follows a 10.1% increase in the June quarter and contrasts with a modest 3.3% rise in the cooler March quarter. Unlike other developing Asian nations, where industrial consumption spikes power demands, Bangladesh's rise is fueled by residential needs. The country's over 170 million populace, particularly affected by extreme weather, continues to drive up power usage, demanding significant fossil fuel imports.

(With inputs from agencies.)