August 9 is being celebrated as the National Energy Security Day. The day is actually celebrated to commemorate the great contribution of Father of the Nation Bangabandhu Sheikh Mujibur Rahman for energy security of Bangladesh and presenting his deeds to the present generation.  2021 is the Golden Jubilee year of Bangladesh’s independence.  The main program of the government in ‘Mujib Year’ is ensuring access of “power to all”. Some 94% of the population is now under grid and non-grid power supply coverage. Experts hope that showing due respect to Bangabandhu pursued policy of achieving self-sustaining energy and power sector relying on fuel resources, the government would adopt appropriate plans. Let that be the vision and mission of the government in the ‘Mujib Year’. Not the imported fuel dependency, but through emphasizing exploration and exploitation of own fuel and making own fuel as backbone to national economy, Bangabandhu’s dream of Sonar Bangla can be materialized. Own fuel exploration and use will take nation one step forward. Criticism of so called self-declared patriots must not be taken on board.

The post-COVID changed world order may need further review through assessing and evaluating the impacts on energy, environment and economy. Shutting down the civil aviation, restricting movements of road, rail and riverine transportation, locking down the businesses and industries have caused the oil market crash. It is highly unlikely that the oil price would climb back to pre-COVID level in the foreseeable future. However, the only positive impact of COVID-19 is on environment. Cities have become greener and water has become clearer. Birds and animals are moving with ease. Hope the nations of the world taking lessons from here will restrict burning dirty fossil fuel and concentrate more on developing renewable energy – solar, wind, biomass. LNG and nuclear may become more popular choice. Developing countries would require reviewing their highly ambitious growth plan, concentrate more on developing own primary fuel options rather than going for exclusive imported fuel. Energy efficiency, energy conservation must be the key. No need for bringing the entire country under grid power. Instead off-grid renewable power would be much more viable solution.

The national budget for FY2020-21 placed by Finance Minister AHM Mustafa Kamal in parliament on June 11 was one of the most challenging tasks of economic and financial management of the state since its independence. Kamal had to deal with this tough job amid the Covid-19 pandemic that has slowed down the economy. It was not surprising that he would be cautious in spending in the next fiscal year since the economy is under severe pressure. In the energy and power sector he proposed a cut in budgetary allocation by 4.6 percent. However, experts in the sector expressed mixed reaction to his plan for energy sector. Apparently there was no change in the budgetary measures for the government’s existing plans though it was suggested by the experts ahead of the budget announcement. The experts earlier suggested that the government should go slow with the development projects in the sector which were not in the process of implementation. Instead, they recommended, the funds should be directed to sectors that deserve emergency response due to the adverse impact of the pandemic.

Flooding, tidal surges, storms, tornados and cyclones are regular phenomenon in Bangladesh. And these natural disasters often cause huge damage to our power distribution systems. The rural areas and the coastal zones are the most affected areas. The latest disaster was cyclone Amphan which hit Bangladesh on May 20 and razed through our coasts and then some northern districts. The entire power distribution system suffered considerable damage in the cyclone. It is true that it is not possible to make the power distribution system completely disaster-proof. What is more important is that we should strengthen our response to such disasters. This time the response time for system repair and restoration of power has been much quicker than before. Power division and distribution utilities claimed that their advance preparation assisted them in achieving that. Experts point out that no country of the world can fully protect the power systems from natural calamities. But the remedy is to respond as quickly as possible. Another vital issue is automation. Initiative for automation should be taken upon assessment of the entire system. That will assist restoration of power supply much quicker after every disaster.

Petrobangla has taken all preparations for announcing the PSC bidding from September 2020 after getting the Model PSC 2019 approved. It has planned to announce bid submission deadline in February 2021 giving 6 months for preparation. But the COVID-19 starting in China grew as a global pandemic and has become a major impediment. The pandemic has stalled almost every activity. The general holidays announced in March 26 has now been extended to May 30, 2020. There are considerable doubts that the situation would become business as usual condition even after that. Suspension of all economic activities caused oil price in global market depleting to all time low. Consequently, all IOCs started slashing their new investment plans and it continues. Many countries have suspended their bidding round. It is not yet sure whether Bangladesh would follow the trend. But Petrobangla says nothing could be said definitely till offices open after the holidays. But officials said even if the situation gets normal in July, announcements for PSC bidding cannot be made in September 2020.

The global pandemic of coronavirus has almost stopped the wheels of the economy. Each and every country is affected. Each and every sector is badly hit. Power and energy sector is no exception. The biggest trouble is the oil market crash that pushed the prices to a historic low due to a slump in demand amid worldwide shutdown of transports, mills and factories. For a country like Bangladesh, a big concern is the fate of the under-implementation projects. The projects in energy and power sector have already slowed down. Experts think some projects may even take up to 6 months even to resume and gather momentum. The pandemic has created severe impacts on revenue stream in power and energy sector. This will obviously impede the progress of works of the projects taken under own financing. Donors in changed reality may preview financing some of the projects. It can be said that the post-COVID implementation of power and energy sector projects will have to be adjusted under changed circumstances. The project managements have to review development, assess priorities and take decisions after required reviews. There is no doubt the projects will be delayed. But for reducing the risks, the authorities must work taking on board all relevant stakeholders.

The coronavirus pandemic has triggered an unprecedented oil market crash. The prices of all crude oil-linked fuels also went down substantially. The lockdown of major cities caused closing down of major industries, commercial organizations and transports. The depletion of global fuel demand has created a huge oversupply in the global fuel market and ultimately caused the oil price fall to all time low. The situation forces businesses to review strategy. They need to reassess future investments by carrying out extensive risk analysis. It may so happen that the world would more rely on wind, solar and other forms of non-traditional energy. The energy world would witness fresh surge and oil price may burst through the window. As soon as the virus pandemic is over, the demand would shoot back to pre-pandemic level. But the experience of this crisis would leave lessons for the import-dependent countries to increasing storage capacity of fuel, exploring and exploiting own primary fuel resources, and adjusting fuel mix through increasing contributions of renewable energy. However, the governments must carefully assess the overall long range impacts of technologies they adopt to care for the required supply of fresh water.

The Covid-19 has not only taken more than 33,000 lives and infected nearly 8 lakh people across the world, the pandemic has also hit the world economy very hard. Economic giants like China and USA are among the worst victims. Naturally small and medium economies who depend on the economic superpowers have also become victims due to the worldwide shutdown of transportation and shipments. In an import-dependent country like Bangladesh the crisis is inevitable and perhaps more severe. Apart from trade and economic activities, major development projects in the country have already been affected. Projects slowed down. Smooth implementation of almost all the major projects depends on foreign experts and technicians. Besides, the projects need import of machinery and equipment from abroad which is now very difficult. All the projects are now running behind schedule. Like other sectors, Bangladesh’s power and energy sector is also in danger and the future lies on which direction the situation would end up. Concerns and panic are there like everywhere. It is expected that the crisis would end soon.

Energy cooperation among the countries in South Asia  and the Southeast is pivotal for economic development of the entire region. This is to ensure environmentally friendly and sustainable supply of energy through utilizing the region natural resources. It is not limited only to supplying electricity, but other forms of energy, including gas. The principal idea is that the countries would produce energy from what resources they have and share it with each other. Experts say it would help the countries get energy at an affordable price and benefit their respective economies. The development partners, representatives from member and non-member states are promoting the idea. Experts believe financing is the biggest challenge in materializing the idea. Besides, political unrest of this region and non-cooperation attitude of the member states of BIMSTEC countries have failed to make a common platform to enhance cooperation among the member states of South and Southeast Asian region. They urged the member countries of BIMSTEC to work together to achieve sustainable growth through sharing available energy resources in the South and Southeast Asian region. They said that the countries could solve their energy problem through using the hydro potential of the member countries. Moreover, they emphasized on to sort out the real problems, including the political problems, to achieve desired economic goal.

The government has achieved a significant success in power generation during the last 11 years. However, it came through expensive options. The average bulk power supply cost increased to Tk 5.67 per unit now from Tk 2.50 per unit in 2008. It resulted in frequent hikes in power tariff. In a latest move, it has increased the average retail power tariff to Tk 7.13 per unit with effect from March 1, 2020 from Tk 3.81 in 2009. The gas price has also been increased for several times. But the consumers as a whole are bearing the brunt of the price hike.  

The energy and power sector is going to observe the Mujib Barsho, with a vow to working on ensuring sustainable energy supply during the year. However, if the price hike trend of last 11 years continues, the energy would not remain affordable for the consumers. Ensuring energy at affordable price would remain elusive unless the country could explore the own energy resources. The Mujib Barsho is expected to be a year of taking the right path to increase the supply of own primary energy that would contribute to the sustainable development of the country.

Masuk Helal draws the two sketcches of Bangabandhu used in the cover and cover inner

The market of Liquefied Petroleum Gas (LPG) grew fast over the last 10 years in Bangladesh. The demand for the petroleum product went up rapidly, mostly for cooking purpose. Investment in the comparatively nascent sector also witnessed phenomenal growth during the period to develop a capacity of supplying 6 million tonnes, which is much higher than the present annual demand of 1.0 million tonnes. The saturated market as a consequence of over investment has created an unhealthy competition among the operators, running many new investors into high risk of becoming sick. The unhealthy market competition may also affect the overall safety of using the LPG.

The government should work out ways of addressing the sorry state of the sector through discussions with all the operators and stakeholders concerned.

The power sector of Bangladesh witnessed a substantial increase in generation capacity in last 10 years, but the cost of generation went up due to higher dependence on expensive imported fuel oil. The situation emerged with the less availability of own natural gas amid failure to discover new resources. There is hardly any success in exploration over the last 19 years. Only about 2 Tcf new gas reserve has been added over this period. The remaining recoverable reserve is only 11 Tcf against the present annual consumption of around 1 Tcf. The existing and potential resources of the country are not infinite.

It would be prudent to immediately go for fresh round of PSC bidding for both offshore and onshore with data available and engage contractor simultaneously for multi-client survey. The government should also immediately advise Petrobangla to update the model PSC for onshore exploration in the western region, high-pressure zones and deeper prospects with a target to invite bids as soon as possible. The resources to be discovered through this process will enhance the reserve base, which is essential for an emerging economy like Bangladesh.

The government has increased the power generation capacity to 20,000 MW from only 5,000 MW over the past 11 years. Yet the power sector is passing through an embarrassing situation as the demand is not growing as expected. The industrial sector is largely blamed for the poor demand growth of electricity. The large industries are meeting their demand from captive power generation with low cost options instead of comparatively expensive, unreliable and poor quality grid power. As a result, the sector is maintaining a surplus capacity. The peak summer demand did not cross even 13,000 MW while in this winter it is only around 8000 MW. It resulted in substantial surplus of power. So, the government has to keep idle many power plants, mainly the ones brought into operation as a contingency measure to confront the power crisis it inherited from the previous government. As per the condition, the government now has to pay capacity charge to the idle power plants. This must causes discomfort to the government – it has to adjust the loss through increasing power tariff. 

The government will have to ensure quality, reliable power supply at a cost less than the captive power to jack up the demand for grid power.

Bangabandhu’s policy was to ensure hassle-free power supply at affordable price for achieving economic development of the country. His strategy was to utilize own resources instead of dependence on imported fuel. Bangladesh in its long journey of about 50 years since independence made significant progress – be it in terms of the economy or other areas. The energy sector is not also lagging behind. The power subsector has made remarkable progress particularly in generation thanks to tremendous efforts especially over the last 11 years. The overcapacity of late drew some criticisms though. However, one of the major issues of concern is that the country is gradually getting dependent on imported fuel, putting price pressure on the consumers. There is a projection that the country is approaching towards 90 percent dependence on the imported fuel. Ultimately, the consumers will have to bear the brunt. 

The main challenge is to increase the contribution of own fuel to the fuel mix to limit the power generation cost. It is not an easy task, however. But, hectic efforts should be there for exploring own primary fuel alongside taking a realistic plan to limit the use of imported fuel to its lowest possible level.

The UN climate talks in Madrid ended in a sheer disappointment. The talks, originally scheduled to be hosted by Chile and later held in the Spanish capital following Chile's pullout amid political unrest, failed to give the world any hope of the fulfilment of climate goals.
   
Countries failed to reach consensus on many of the expected outcomes, including rules to set up a global carbon trading mechanism and a system to channel new finance to countries facing the impacts of climate change. Negotiations put politics and fossil-fuel interests above people and the planet. Many countries, led by the United States, Australia and Brazil, once again exposed their apathy to the suffering of millions. Major emitters failed to show clear signals about increasing ambition by 2020 and rich countries reneged on the promise to provide finance for loss and damage. The key polluting countries responsible for 80 percent of the worlds climate-wrecking emissions, stood mute. The countries like Bangladesh identified as one of the biggest victims of climate change feel helpless when they return empty-handed from the UN talks that was expected to give clear guidelines on the world's actions to tackle the climate crisis.

Climate activists and civil society all over the world are urging repeatedly that major polluting countries must contribute massively for saving the climate vulnerable countries and saving the mother earth. The climate vulnerable countries using their own resources are endeavoring for reducing GHG emissions for achieving NDC set targets although they have no obligations for this. They desperately need additional fund for reducing more GHG emission. This financing must come as grant and not as loan or insurance. The developed world is not agreeing to this argument. Required investment is the demand of time and nature. If we fail to respond positively to the call of the nature, world civilization, our earth and our light would move towards destruction. Natural calamities have become a frequent phenomenon worldwide. This frequency would assume catastrophic level if we continue to fail in our obligations. Nature would take revenge and its intensity would take the world civilization and mother earth to the brink of destruction. Therefore, good senses must prevail in discussions and decisions at the COP25.

Bangladesh has a very significant skills shortage. There are multiple reasons for this, and it is a global problem. But fundamentally skills shortages are caused by the fact that millions of students are graduating without being able to demonstrate the skills that are in demand by 21st Century employers. There is a strong disconnect between industry and educators. This skills gap will affect most developing industries in Bangladesh – especially those with the strongest demand for high level technical skills, such as the energy and power sector. The maintenance of existing capacity and the development of future power sources will not be possible without a plentiful supply of suitably skilled and professional labour. The solution for key sectors such as energy and power is to take industrywide initiatives to develop their own training programs. Accepting the status quo or patiently waiting for change is not an option. Industry and professional providers must take the initiative and lead the change. Skills training and Human Resource Development is not a static activity. A variety of approaches can be adopted, and flexibility and currency must be maintained.

The country’s northwestern region still remains ignored in terms of industrialization. The overall development of the region did not get required momentum although the door was opened through starting traffic across the mighty Jamuna River about 20 years from now. Some agro-based industries have been set up following revolution in agriculture, yet the number is not encouraging. Entrepreneurs did not show much interest to invest in heavy industries in the region. Experts say for required industrialization, the northwestern region and greater Faridpur must be brought under gas distribution network. All industries within or outside industrial zones must be brought under gas supply networks. Quality power supply must also be ensured. The Power Division is optimistic about quality power supply without interruption by 2025. There should not be any gas deficit in the national gas grid at that time. Experts observe that we must have to take immediate decision for commencing mining from the discovered mines. Using this coal projects must start for generating electricity. That will facilitate supplying power to industries and consumers at affordable price.

Bangladesh has signed a memorandum of understanding with India to allow local private operators to export imported LPG in bulk to their northeastern states. The operators would add value to the entirely imported LPG and export around 10,000 tonnes annually to the seven sister states. The private operators of Bangladesh are currently importing 9.5 lakh tonnes of LPG annually to meet the domestic demand against their total marketing capacity of not less than 25 lakh tonnes. The operators welcome the decision as they consider it would facilitate them utilizing the surplus capacity to some extent while experts believe that the marginal export is unlikely to create any adverse impact on the domestic market. The critics, however, termed it as anti-state decision and demanded its immediate cancellation.    

Meanwhile, the energy sector cooperation between the two countries is growing gradually. Bangladesh is now importing around 1,160 MW of electricity while talks are maturing about importing RLNG from India through pipeline, work on importing diesel from Indian refinery is progressing and an MOU has been concluded for constructing a power transmission line from Assam to Bihar across Bangladesh. Against this backdrop, there should not be any confusion over LPG export to India.

The Youth Climate Summit -- the first time the UN Secretary General has convened on the sidelines of UN Climate Summit for young people -- aimed to give voice to the demands of young people to take far swifter action to reduce the emissions that, without action, are on track to reverse the development gains of the recent decades that have improved the lives of millions of people. The summit opened a dialogue between youth and decision makers, putting young people in the driving seat with voice and agency to realize their potential and the change they are persisting towards climate action. The United Nations Secretariat has adopted a new 10-year Climate Action Plan aimed at transforming its operations to achieve a 45 percent reduction in greenhouse gas emissions and sourcing 80 percent of electricity from renewable energy by 2030. The Plan was adopted just ahead of the UN Climate Summit to help increase global ambition and vastly increase action to limit climate change. Successes of all these plans depend on how and to what extent the governments fulfill their pledges on climate Change.

For sustainable energy security, Bangladesh cannot afford going exclusive to imported fuel leaving its vast offshore prospect of petroleum untapped. In foreseeable future, BAPEX cannot acquire capacity for exploring on stand-alone basis in offshore and even in difficult structures in onshore. We desperately need IOC investment in exploration. To facilitate that we have no option but creating appropriate contracts under PSC carefully balancing risks and rewards. No question of gas export would arise till domestic demand is fully met. Gas price must be comparable to regional and international gas price. But for negotiating and concluding win–win PSC and overviewing and managing professionally, we need smarter and more efficient Petrobangla equipped with qualified trained professionals. Exploration, development and operation costs management of IOCs are the essence of deriving expected benefits from PSC operation. Petrobangla must develop capacity for monitoring and overviewing all activities of IOCs at all stages without actually causing impediments.
Decisions at every stage need to be transparent and quicker. If a fresh PSC round can be invited by early 2020, some good news from the Bay of Bengal can be coming by 2026.

It is now evident that Bangladesh will become 87% dependent on imported primary fuel and power import if local coal cannot be brought into the fuel mix. Cost of fuel and cost of power will continue to increase and may grow beyond affordable limit if efficiency of energy utilization cannot be enhanced to international level. At the same time, investment in renewable energy must grow. Management of operations of all power plants must be of international standards for keeping the generation cost to an affordable limit. The inefficiency and pilferage must be completely eliminated. But even after all these, global and regional geopolitics will continue to impact on fuel price and make power generation cost unstable. Reducing or eliminating the use of liquid fuel for power generation may greatly help in managing the price risks. Though the government often talks about coming out of expensive power generation, the terms of liquid fuel-based power plants still continue to be extended. New contracts are awarded for liquid fuel based IPPs. Cost of generation is increasing. Experts have lost faith in government promise that the terms of liquid fuel-based plants will be further extended.

For keeping the momentum of economic growth, Bangladesh has to keep importing fuel and power from abroad. Side by side, it must immediately take decision for exploiting its discovered coal resources. The planned 12,000 MW coal power generation by 2030 and 21,000 MW by 2041 would not happen if Bangladesh fails exploring its own coal. Bangladesh cannot also afford to rely 100% on imported LNG as LNG price will continue to remain well beyond affordable limit. The country must immediately go for fresh bidding round in offshore (deep water and shallow water) and onshore areas. At the same time, it must also explore all the possibilities for power import from regional countries. The Ministry of Power, Energy and Mineral Resources should engage some officers for market intelligence monitoring as to see how global geopolitics impact on energy pricing. There must be a detail techno-economic feasibility study on medium and long-term energy pricing. The government has to announce energy policy and the fiscal incentives that it would offer to invest in industries in special economic zone.

Bangladesh is working on achieving energy efficiency for reducing carbon emission through an energy efficiency roadmap. The country at present generates 585 MW of electricity from renewable energy (RE), including 230 MW of hydro-power. Fossil fuel generates over 18,000 MW. In that context, RE contributes about 3% only. The RE development plan of the country has a target to contribute 10% by 2020. But based on the present status, it cannot be made sure that the target can be achieved within the rest 18 months from now. Sector experts have clearly mentioned that the target cannot be achieved by this time. However, they are optimistic about wind power. Gradually, more and more projects can be implemented in onshore and offshore areas. They said though late in starting, Bangladesh is heading towards right direction. They believe that although Bangladesh could not yet achieve success in renewable energy, wind energy might come as a blessing for the country. They said Bangladesh can achieve major success in wind power due to availability of state-of-the-art modern technology now. In the next few years, wind power generation will get new momentum.

Though improved a lot during the last 10 years, the country’s power system development is now going through an uncertainty due to lack of a specific path for moving forward from this stage. The government is undertaking development programs – be it generation or transmission and distribution – but without a direction where it want to go. The government is taking up generation projects one after another, mostly based on imported fuel, without any proper estimate about the demand for power at some point of time – just exposing different figures for the year 2021, 2030 and 2041. Yet, different government entities were speaking about different figures, creating confusion about the targets. Confusions were also being created about the fuel mix due to the different demand figures. This has created due to failure in adopting a specific power system master plan (PSMP) that could have guided the development programs. The government is wasting time in the decision making process, pushing the development mechanism to get stuck in the mud. 

It is very urgent to decide on the specific plan so that the power sector development could take place in a proper direction. It is also important for the sake of a rational plan for the fuel mix as the country’s natural gas resource is exhausting fast and the country is increasingly getting dependent on the imported energy.

Despite the widespread understanding that a transition to renewable energy is necessary, there are a number of risks and barriers to making renewable energy more appealing than conventional energy. Renewable energy rarely comes up as a solution beyond combating climate change, but has wider implications for food security and employment. This further supports the recognized dearth of research for clean energy innovations, which may lead to quicker transitions. The transition to renewable energy requires a shift among governments, business, and the public. Experts think energy consumption would increase due to the development activities, and to ensure efficient use of energy, the countries are working at different stages in power generation, industry and transportation sectors. It is being told that around 20 percent of energy could be saved by 2050 through efficient use. The efficiency would play a greater role in space cooling system. Renewable energy would also play a big role in cases of transportation and heating while nuclear based power generation would be doubled during this period, reducing the dependence on fossil fuel. Everything is related to the target of limiting the global tempareture rise, which is vital for saving our earth.

Bangladesh is not a polluting country in the global context, but one of the most climate-vulnerable countries in the world. Over the past 40 years, incidents due to climate change accounted for 0.5-1.0 percent less GDP. This amounts to around US$12 billion. Presently, the country’s per capita carbon emission is only 1.1 tonne per person as compared to the world’s average of 4.97 tonnes. It has no obligation for reducing carbon emission in accordance with the historic Paris Climate Change Agreement. But over the last few decades, the country made sizable investments for lowering emissions, and in its Nationally Determined Contribution (NDC), submitted to UNFCCC, the country committed to reduce emission substantially.

The government of Bangladesh has finalized the National Action Plan to reduce emission with giving priority to power, transport and industry sectors while ensuring efficiency at all segments of energy value chain and maximizing use of renewables to meet its energy demand for achieving economic growth. It has also invested in non-fossil fuel-based power generation alongside fossil fuel. One such is Rooppur nuclear power plant. The wind mapping done recently has also brightened the prospects of wind power. So, it appears that Bangladesh is on a low carbon growth path.

The power supply situation is better this year while some 93 percent of the population has the access to grid or non-grid electricity. Only the people of few far flung islands remain out of the power supply. It is expected that they would be brought under the supply by 2021 to ensure power for all by then. The power generation would also be able to meet the demand at that time. However, the concern now is that the consumers are yet to get quality and uninterrupted supply of electricity. Bangladesh Power Development Board (BPDB) claims that there is no load shedding now. But the system has not yet achieved the required transmission and distribution capacity, causing disruptions in supply. Authorities concerned say they are working on fixing the problems with applying modern technologies, but it would take as many as five more years to implement the development projects, which is expected to help mitigate the supply disruptions and improve the quality of supply. Quality power without interruption is the demand of time. Starting from consumers at all segments of power sector, application of appropriate technology and efficient use needed to be ensured. This cannot be achieved in a natural calamity-prone country like Bangladesh without taking power cables and substations underground.

Bangladesh is on track to become one of the 32 countries of the world now producing nuclear power. India and Pakistan are successfully operating nuclear power plants for a while. And Bangladesh will be the third in South Asia, when the Russian made nuke power plant will go into operation. The work to implement the gigantic project is now going on in full swing. If everything goes well, electricity generation from 2X1200 MW Rooppur Nuclear Power Plant will begin partly by 2023 and fully by 2024. By now, major work like land development, river training, construction of jetty, foundations for reactors, turbines, generators, core catchers are nearing completion. The huge work involving a few thousand people of different nationalities has created vibrancy in the once neglected area along the bank of Padma. The training for skilled workforce required for running the power plant is also going on with the help of Russian experts. There is no doubt the smart, qualified and trained Bangladeshi scientists, engineers and officials will be able to operate the power plant when the Russians will hand it over to Bangladesh. Whenever the Rooppur Nuclear Power Plant comes into operation, it would be a dream coming true for Bangladesh.

Bangladesh Power Development Board (BPDB) and some public limited companies have started implementing plans for generating more than 22,000 MW power at Matarbari and Maheshkhali islands by 2041. The Matarbari-Maheshkhali twin islands are undoubtedly growing as the principal energy hub of Bangladesh. It started with a US$ 4.6 billion power plant under a comprehensive plan, inclusive of coal import facilities. The greatest achievement of this project is going to be a 14.3km long, 250 meters wide channel connecting Matarbari with deep water. This will be used for importing and supplying coal to all coal power plants to be constructed in the region. Land based LNG terminal is also being constructed using this channel. This will make major contribution in LNG import for meeting the growing deficit of natural gas supply. Moreover, a deep-sea port would also be constructed along the channel. This channel will also make possible for importing and supplying coal and LNG for power plants planned at Maheshkhali. Well-crafted planning and efficient investment in projects in the two islands are expected to ensure sustainable supply of energy to Bangladesh.

July 01, 2020

June 16, 2020

June 01, 2020

May 16, 2020

May 01, 2020

April 16, 2020

April 01, 2020

March 16, 2020

March 01, 2020

February 16, 2020

February 01, 2020

January 16, 2020

January 1, 2020

December 16, 2019

December 1, 2019

November 16, 2019

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 

June 16, 2016

Download your favorite titles and read them offline, anytime and anywhere

Gift your loved ones with a Magzter Gift Card instantly and give them the freedom to read their favorite magazines and newspapers from thousands of best-selling titles.

Gift your loved ones with a Magzter Gift Card instantly and give them the freedom to read their favorite magazines from thousands of best-selling titles.

Gift your loved ones with a Magzter Gift Card instantly and give them the freedom to read their favorite magazines from {{magCount}} best-selling international titles.

Name

Please fill out this form if you need any help regarding publishing your content on Magzter

Since we launched, Magzter has been committed to partnering with global organizations to provide the greatest possible newsstand technology & service to our customers. Whether you are looking to offer magazine subscriptions to your customer database or just want to learn more, Magzter is committed to helping your business grow. To find out more, please fill out the questionnaire below:

Energy & Power - August 01, 2019

Get Energy & Power along with 5,000+ other magazines

Get Energy & Power

Magazine Description

In this issue