Energy & Power Magazine - October 16, 2017

In this issue

The recent Saudi-Russian energy diplomacy was aimed at increasing the price of fuel oil presumably to US$ 80 per barrel from current $50, although many believe it is highly unlikely that the diplomacy would see total success. If the two oil giants’ efforts succeed to some extent, it will have significant effect on oil-purchasing countries. Bangladesh will have to face instant pressure even if the price rises by only $10 per barrel as the country’s 37 percent of total power generation comes from oil-based plants – it would increase to around 50 percent in next few years as the government is bringing in new oil-based plants to meet the growing demand. Bangladesh is a country of growing economy and if high growth is desired, power at affordable price must be ensured. On the other hand, the economy is not yet capable of absorbing the import-dependent energy pressure. So, there is no alternative to mine own coal and it’s the best time to do that. Experts hope the government would take effective steps to mine own coal without further delay for the sake of achieving the target to make it a developed country.

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