Energy & Power - October 16, 2017
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October 16, 2017 issue Digital Access. - Magazine Details
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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.
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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.
Wartsila Power Plants Helping BD Meet Power Shortage
The technology groupwärtsilä has been contracted to supply two more power plants to Bangladesh.
India To Join Building Rooppur Nuclear Plant
India has said it is collaborating with Russia to build the Rooppur Nuclear Power Plant in Bangladesh.
LNG Price To Be Affordable, Stable
LNG Price To Be Affordable, Stable
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.
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.
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.
New Zealand Leads In Zero Emission Renewable Grid Electricity
New Zealand leads the world in zero-emission renewable grid electricity now at 85%.
Security Gets Vulnerable
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.
