Energy & Power - September 16, 2020
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In this issue
Bangladesh is now thinking afresh about its energy sector, particularly due to the emerging situation owing to the COVID-19 pandemic impact that spread across different sectors of the economy. A dilemma has already been created whether the country should go for LNG-based power generation instead of the coal-based ones those remained at the planning stage yet. A local think even suggested going for renewable energy to replace the coal-based capacity. However, the time is almost up to review the Power System Master Plan (PSMP). It is scheduled to be reviewed in 2021. In doing so, the generation plan, demand projection and fuel mix must be reviewed after having in-depth analysis on the sector and overall economy in the New Normal World after the pandemic. However, going exclusively on LNG, considering coal as dirty fuel, may lead Bangladesh again to tricky mono-fuel dependent country. Adding own primary fuel like gas and coal in the fuel mix would facilitate achieving a longer term energy security.
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Wartsila Power Plants Helping BD Meet Power Shortage
The technology groupwärtsilä has been contracted to supply two more power plants to Bangladesh.
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.
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.
New Zealand Leads In Zero Emission Renewable Grid Electricity
New Zealand leads the world in zero-emission renewable grid electricity now at 85%.
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.
India To Join Building Rooppur Nuclear Plant
India has said it is collaborating with Russia to build the Rooppur Nuclear Power Plant in Bangladesh.
Security Gets Vulnerable
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.
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.
