Bangladesh has experienced rapidly rising energy consumption of the past two decades. According to the authors of this report, this trend will intensify further in the coming years as economic growth and development efforts accelerate. Development experience in other countries shows that energy consumption tends to rise quickly when per capita income reaches between US$1,000 and US$10,000, a range that Bangladesh is currently entering. Energy supply must thus increase rapidly in order to sustain the country's growth momentum. The authors address the priority issues for reform in the energy sector along with an agenda for its progressive implementation.