Energy & Power - September 16, 2023Add to Favorites

Energy & Power - September 16, 2023Add to Favorites

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The power sector has emerged as a complete puzzle in Bangladesh. It's currently wrestling with a significant problem: there's way more electricity production capacity than the country actually needs. This surplus capacity often remains unused because it has become difficult to get enough fuel to run the power plants, and this idleness is costing the consumers as well as the government exchequer a lot in terms of capacity charges and rent. People from all walks of life, including citizens, consumer rights bodies, and politicians from opposition political parties are raising their voices against this issue. They're pointing fingers at poor planning and the inability to ensure a steady supply of fuel as the main culprits behind the financial losses in the power sector. What's surprising is that a whopping 25% of the national budget's subsidies are pouring into the power sector. But even with all this support, the Bangladesh Power Development Board is struggling to pay its bills to independent power producers. As a result, consumers have had to bear the brunt of rising electricity prices for over a decade. The government is working on a master plan, but it is missing some key details about what the country needs in the future and what kinds of fuel it should use.
To fix this mess, experts are calling for better planning, more realistic predictions of power demand, and stricter financial control. Otherwise, the progress made so far in the power sector might be overshadowed by controversies and financial woes.

Energy & Power Magazine Description:

EditorEnergy & Power

CategoríaBusiness

IdiomaEnglish

FrecuenciaFortnightly

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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