Energy & Power Magazine - April 01, 2021
Energy & Power Magazine - April 01, 2021
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In this issue
Policymakers, industry leaders and energy experts came together at a recent virtual seminar to discuss possible ways of saving energy consumption in industries. They stressed on the need for installation of energy-efficient machinery and equipment, and to finance these, greater integration among banks, other financial institutions and industry is also required as Industrialists face unnecessary delays in securing loans.
RMG and textile, which consumes 28% of total primary energy is a prime area for saving energy. Sector leaders believe there is a need for coordinated effort by all factories to become efficient. The energy-efficient companies should be rewarded with a cut in corporate tax and an award should be introduced for smaller factories so that they become interested to go green.
Energy experts believe that we are in the dark about energy audit baseline data. Bangladesh Bank takes up green financing projects, yet no information is readily available on how many projects have received funding, how funds have been used, the results, which projects have not been monitored. Strengthening energy audit of industry and inducting more skilled energy auditors are the need of the hour.
GIZ Bangladesh contributed the photos used in the Cover & Cover Inner
Energy & Power Magazine Description:
Publisher: Energy & Power
Category: Business
Language: English
Frequency: Fortnightly
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
- Cancel Anytime [ No Commitments ]
- Digital Only