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Energy & Power - February 16 2015

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Energy & Power

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Economic growth requires sustainable supply of energy. Although the per capita energy use in Bangladesh is one of the lowest even in South Asian context, the demand for energy outpaced many countries of similar economic strength. In a mixed economy like Bangladesh, energy price perhaps cannot be left at the mercy of market only at this stage. The parity with market price has to be brought in gradually. Phased removal of subsidy, allowing price variation within an adjustable range related to benchmark price and introduction of a powerful and competent regulator have the best chance of ensuring energy security in Bangladesh. For the massive investment done by the private sector in the last decade, it is almost impossible for the state subsidiaries to cater the need for reliable energy at their present state of commercial or organizational status. Merchant plants with mutual understanding of all the parties can be a good starting point where relationship between proper price and reliability can be demonstrated. Our business cannot run on subsidized energy any more. There is massive scope of efficiency improvement in both management and technical operation that can be only achieved through gradual adjustment of energy price.

Energy & Power Description:

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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