Energy & Power Magazine - EP_21_21 (Energy & Power Vol 21 Issue 21 April 16, 2024)
Energy & Power Magazine - EP_21_21 (Energy & Power Vol 21 Issue 21 April 16, 2024)
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In this issue
Bangladesh, as the signatory country of COP28, is working on tripling renewables capacity and doubling energy efficiency by 2030. The target is to achieve 3,600MW of renewable energy by then. The country has already embarked on green energy transition pathways as it has implemented a few utility-scale solar power projects and some small-scale ones. This progress has also created momentum in the public and private sectors. Industries are increasingly interested in rooftop solar systems mainly due to two considerations – getting green credit and saving on grid electricity, which has been gradually increasing. However, the development process in the renewable sector is not smooth at all – it is going through some rough patches, keeping generation costs much higher than those of a few neighboring countries. The selection of investors based on unsolicited offers is one of the main obstacles to bringing down the cost. There are also policy shortcomings and loopholes in the implementation strategies. The government has brought changes in the policies and implementation strategies. The mindset of policymakers has changed a bit over the past 20 years, but it is still not favorable for clean energy. Tariffs on renewables have been significantly reduced globally but not in Bangladesh. For grid stabilization, flexible base load, and storage planning must also be finalized.
However, the policies and implementation strategies deserve fine-tuning, as Bangladesh has no other alternative to increasing the contribution of clean and green energy to achieve the energy transition goal.
Solar Mini Grid Has Opened A New Door
Present population of Bangladesh is approximately 170 million.Among them 30 million live on the Costal belt Off-Grid Area. The Solar Mini Grid is bringing change in life by scattering light to those Off-Grid Areas people.
2 mins
Security Gets Vulnerable
10 mins
Infrastructure Imbroglio
It was on March 22, 2012 when the Power Division of the government at a seminar unveiled a mega plan for increasing power generation in the country. Presenting the keynote paper, the then Chairman of Bangladesh Power Development Board Engr.
9 mins
Wartsila Power Plants Helping BD Meet Power Shortage
The technology groupwärtsilä has been contracted to supply two more power plants to Bangladesh.
1 min
India To Join Building Rooppur Nuclear Plant
India has said it is collaborating with Russia to build the Rooppur Nuclear Power Plant in Bangladesh.
1 min
LNG Price To Be Affordable, Stable
LNG Price To Be Affordable, Stable
1 min
Lift Duty On Import Of Furnace Oil
Textile millers have demanded duty-free import of heavy fuel oil or furnace oil to keep their factories up and running.
1 min
Strong Overseas Demand For Australia Coal
Strong Asian demand for coal from Australia is depriving domestic power generators of fuel and driving electricity prices higher, energy providers and mining sources said.
1 min
US Firm To Withdraw From Deal
The White House pushed back recently at a European suggestion it was softening its stance on the Paris climate accord, insisting Washington will withdraw from the agreement unless it can re-enter on more favorable terms, reports AFP.
1 min
New Zealand Leads In Zero Emission Renewable Grid Electricity
New Zealand leads the world in zero-emission renewable grid electricity now at 85%.
1 min
Energy & Power Magazine Description:
Publisher: Energy & Power
Category: Business
Language: English
Frequency: Fortnightly
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
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