Energy & Power Magazine - EP_22_03 (Energy & Power Vol 21 Issue 2 July 16, 2024)

In this issue

Bangladesh is in the grip of a serious energy crisis, be it electricity or fuels, with gas shortages at the heart of the problem. Since the COVID-19 pandemic hit the world, the situation in Bangladesh has only gotten worse, despite repeated promises and price hikes for energy products. Industries, especially the ones that make products for exports, are struggling to keep up as they run out of gas to power their machines. Even small businesses and those trying to replace imported goods with locally made ones are feeling the pinch. The government is caught in a tough spot, struggling to find enough foreign currency to buy fuel and even facing shortages of local cash to pay for electricity and gas. Maintaining production from domestic gas fields will be a huge challenge. Half of the current production comes from the Bibiyana gas field which is on the verge of depletion. The production may suddenly deplete significantly. The government must prepare considering all these. This storm has created the worst economic crisis in Bangladesh's history.
Experts warn that things could get even worse before they get better, and it might be years before the situation improves. With rising costs for electricity and gas, businesses are worried about staying competitive. It's a tough time for everyone involved.

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