Energy & Power - June 16, 2023Add to Favorites

Energy & Power - June 16, 2023Add to Favorites

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Consumers experienced severe power outages of 4-10 hours a day from May to the first week of June, after enjoying almost uninterrupted supply from March this year. But scorching heat and increased cooling load during the summer led to a surge in electricity demand. The authorities faced a shortage of fuel for power generation due to a dollar crisis. It was further exacerbated by outstanding bills of power generation companies. The grid-connected generation fell short of the peak demand. Efforts were made to import LNG and coal for generation, but the dollar crisis and delayed payments created obstacles. Outstanding payments to the private power producers and fuel suppliers amounted to billions of dollars. The government has pledged to improve the situation, with varying timelines given by different officials. However, experts believe that a comprehensive plan and solutions are needed to overcome the crisis.
The heavy reliance on imported fuel has been identified as an underlying issue. The government has been urged to prioritize domestic fuel exploration and enhance energy efficiency. A short-term solution should be devised to address the immediate crisis. Political implication ahead of the national election on the ruling party cannot be ignored.
We've completed 20 years of publication on 16 June 2023 thanks to our readers and those patronized us in this long journey. We've been publishing it on the day since the beginning, barring few exceptional occasions.

Energy & Power Magazine Description:

出版瀟: Energy & Power

カテゎリヌ: Business

蚀語: English

発行頻床: 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 

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