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Bangladesh has long been suffering from an energy supply shortage with domestic gas resources depleting fast and increasing demand. To meet the widening demand-supply gap, the country consequently started importing energy. However, the volatility in the international energy market often creates uncertainty in imports, causing short supply and forcing the surplus power generation capacities to remain idle. The utilities then have to resort to load-shedding, causing immense suffering to the people and the economy across all sectors. Amid this sorry state of the energy sector, experts have been suggesting efficient use of the scarce energy resource. The Institute for Energy Economics and Financial Analysis (IEEFA), a US-based global think-tank, recently surveyed Bangladesh’s 51 industries comprising 124 gas-fired captive generators with a combined capacity of around 250MW. It found that Bangladesh can reduce LNG imports by 238.72 billion cubic feet (Bcf) annually if industries use efficient generators and can utilize waste heat in the industrial processes. This may help save the country’s foreign currency equivalent to US$ 460 million annually and ignore a conditional loan from the International Monetary Fund (IMF) amid the country’s shrinking foreign exchange reserves. Not only the industrial processes, it’s also well-known that the country’s limited energy resources are being wasted in many ways, including pilferages and theft.

Well-planned efficiency improvement measures with policy support may yield substantial savings in energy and cut import expenditures. Unless Bangladesh finds ways to reduce fossil fuel imports, its vulnerability to the international fossil fuel market may intensify further.

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Energy & Power Magazine Description:

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to 
a) Develop public consciousness on sustainable and even development of energy sector; 
b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector; 
c) Continuous supply of information among public; and 
d) Develop a group of reporters in this field 

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world. 
It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption. 
In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh. 
The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics 
EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice. 

EP believes in 
o Seeking truth and reporting the same 
o Minimize harm