Energy & Power Magazine - October 01, 2022Add to Favorites

Energy & Power Magazine - October 01, 2022Add to Favorites

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In this issue

Bangladesh’s energy crisis has become so critical that it cannot meet one-third of the demand even after launching different austerity measures to reduce energy consumption. Expensive fuel oils are being used to generate power at a much higher cost than usual. Gas supply shortage cut back industrial production by 25-50% while export-oriented industries like textiles and readymade garments (RMG) are under severe stress. The government has taken various measures to increase energy supplies to confront the present situation while considering plans to expedite hydrocarbon exploration onshore and offshore. Experts also suggested the government going aggressive as far as searching for local resources is concerned. However, they pointed out that the prospects of hydrocarbons in the Chittagong Hill Tracts (CHT) area hardly got any attention from policymakers until now. They think there is huge potential in the area as indicated by the studies conducted earlier. At the same time, they also made it clear that exploiting the resources from the hilly area would not be that easy due to its difficult structure. Carrying out exploration work would also be expensive.

Whatever may be the structural condition, the country should at least actively consider whether it can be made possible to explore the area. The government should leave nothing unturned considering the possible long-term fallouts of the energy crisis on the economy.

Energy & Power Magazine Description:

PublisherEnergy & Power




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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