Energy & Power Magazine - February 16, 2022Add to Favorites

Energy & Power Magazine - February 16, 2022Add to Favorites

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In this issue

The government agencies concerned have already made it clear that the upcoming summer peak demand for grid-connected electricity would stand around 15,00MW as the requirement has already started growing since February. As a result, the use of expensive liquid fuel would gradually increase. The contribution of fuel oil to power generation has already increased to 26 percent from previous 21 percent and the Bangladesh Power Development Board (BPDB) projected it to go beyond 30 percent in the summer peak. The government has estimated that the cost of power generation will be higher if 90% of the gas-based generation cannot be utilized during this time. Higher than estimated coal price for the Payra plant, which is running at half capacity, higher LNG price and short supply of domestic gas are other reasons of generation cost getting even more. Consumers concerned are apprehensive that the government might find these reasons as its argument to raise the prices of gas and electricity to offset the rising subsidies.

These well-established excuses were developed not all of a sudden – governments’ weaknesses in preparing proper plans have forced the nation to suffer from energy insecurity. For instance, the 1,320MW Payra power plant is ready to deliver, but generating half of capacity due to lack of evacuation facility. Exploration and exploitation of the country’s own primary fuel resources is a long-debated issue. However, the government’s arguments in favor of raising the prices of energy are nothing but lame excuses.

Energy & Power Magazine Description:

PublisherEnergy & Power

CategoryBusiness

LanguageEnglish

FrequencyFortnightly

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 

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