Business
Energy & Power
Reforming The Crippled Gas Sector
Undoubtedly, the energy situation in Bangladesh is in a crucial stage. The existing gas reserves are depleting rapidly while the demand is rising due to the country’s population, and economic and industrial growth. As per the Integrated Energy and Power Master Plan (IEPMP) 2023, the gas supply should grow at 1.5%, 2.6%, and 2.5% rates during 2019-30, 2030-40, and 204050 respectively to attain the county’s growth as per the Perspective Plan of Bangladesh 2021– 2041. However, Figure 1 shows that the annual average gas production from the domestic gas fields started to decline after reaching its peak in 2017.
8 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Restructuring and Overhauling Gas Supply Chain Management
Ensuring a sustainable supply of primary fuel (gas, coal, and fuel oil) is a major challenge for Bangladesh’s energy and power sector. Since 2000, successive governments have failed to make a political decision to exploit discovered coal resources buried at mineable depths. The governments have also failed to carry out the required exploration of petroleum resources in onshore frontier areas.
8 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Refreshing Energy Transition Strategy
Despite existing plans like the Energy and Power Master Plan 2023 IEPMP), renewable energy policy drafts, and the Mujib Climate Perspective Plan, questions arise about Bangladesh's need for a new energy transition roadmap. Experts express differing views: some suggest revising the IEPMP with real data, while others emphasize the urgency of a roadmap considering legal and investment issues. Another perspective suggests an energy strategy from the Ministry of Environment and Climate Change, aligning with national efforts for low-carbon development and netzero emissions.
8 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Four Die from Electrocution Amid Waterlogging in Dhaka
Four people died due to electrocution amid heavy rains in different areas of Dhaka recently.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
LPG Sales Witnessing Boom During Unrest
Sales of LPG (liquefied petroleum gas) witnessed a boom against the backdrop of the prolonged unrest affecting the country, taking advantage of the fact that prepaid and smart prepaid gas consumers are facing obstacles to recharging their balances.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
BPC's Fuel Oil Supply Disrupted Amid Shutdown, Curfew
The supply of fuel oil has been severely disrupted across the country since Thursday due to complete shutdown enforced by protesting students of quota reform movement and subsequent unrest and curfew.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Tanker Carrying 1.4m Liters of Oil Capsizes in Manila Bay
A Philippine-flagged tanker carrying 1.4 million liters of industrial fuel oil capsized and sank off Manila recently, authorities said, as they sought to contain a spill stretching several kilometers.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Smartcard Holders Among Prepaid Consumers Face Trouble Recharging
The smart card-holding prepaid consumers faced trouble in making payments to buy electricity due to lack of mobile internet service which was shut down amid students’ job quota reform movement.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Nepal, India, Bangladesh to Sign Tripartite Power Trading Deal on July 28
Ground has been cleared for the three countries to sign the agreement on exporting electricity to Bangladesh, said Chandan Kumar Ghosh, spokesperson at Nepal Electricity Authority (NEA) the government-owned electricity body.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Global Coal Demand Set to Remain Broadly Flat Through 2025
Global coal demand is set to remain broadly un changed in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s latest update on coal market trends worldwide.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Energy Security Possible Thru RE Integration
The country can strengthen energy security by integrating renewable energy sources and enhancing grid stability.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Indonesia to Build Solar Power Plant in Matarbari
Indonesia will build a solar power plant in Matarbari of Cox's Bazar in a joint-venture project which will generate 500MW of electricity adding it to the national grid.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
China Building More Wind, Solar Capacity Than Rest of World Combined: Report
China is building almost twice as much wind and solar energy capacity as every other country combined, research published recently showed.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
July 22 Sets New Record for Hottest Day Globally: EU Climate Monitor
Earth withered through a second straight day of record-breaking heat on July 22, the EU's climate monitor has said, as large parts of Europe, Asia and North America suffer blistering temperatures.
1 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Integrated Planning May Transform Power Supply To Comfortable State By 2030
The installed power generation capacity is almost double the demand.
5 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Progress On Basic Energy Access Reverses For First Time In A Decade
Growth in global electricity demand in 2024 and 2025 is forecast to be among the highest levels in the past two decades, a new IEA report finds, with solar PV alone expected to meet half of the increase.
3 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Global Electricity Demand Set To Rise Strongly This Year And Next
The global energy access gap worsens as population growth outpaces new connections: 685 million people living without electricity access in 2022, and 2.1 billion people continue to rely on damaging cooking fuels globally, according to a new report.
3 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Turning Air Into Water CCDB's Innovative Solution To Bangladesh's Drinking Water Crisis
Bangladesh, a country known for its abundant water bodies, faces an ironic and severe crisis: the lack of pure drinking water. This crisis is particularly acute in coastal regions, drought-affected areas, and hilly terrains, where obtaining clean water is a daily struggle for millions.
3 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
The Role Of Space Technology As A Key Driver Of Sustainable Development And Climate Solutions
The satellite technology plays a vital role in social and community benefits, by detecting the global climate variables, and can prepare a successful preparedness program to mitigate climate losses and damages, a better adaptation plan, reduction of extremeness, and to manage the crisis for human survival techniques.
5 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Surplus Power Reserve Margin Is The Bane Of Bangladesh
A huge reserve of power generation capacity but the absence of a required spinning reserve has put Bangladesh's power sector under a double-edged sword.
3 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Liquidity Crisis May Deepen
The power and energy sector in Bangladesh has faced significant challenges, including a liquidity crisis due to fuel shortages and high capacity charges, despite a large reserve margin of power generation.
6 min |
EP_22_04 (Energy & Power Vol 22 Issue 4 August 1, 2024)
Energy & Power
Expedited RE Expansion Essential To Ensure Energy Security
Bangladesh in its Integrated Energy and Power System Master Plan (IEPMP) has set a target to achieve net zero greenhouse gas emissions by 2070 or beyond.
6 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Climate Change Made Deadly Heat 35x More Likely in US, Mexico, C. America
Deadly heat that blanketed the United States, Mexico and Central America recently was made 35 times more likely due to global warming, an international network of climate scientists said recently.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
COP29 Host Announces Green Investment
Azerbaijan, the host nation of the climate summit COP29 in November, has announced plans to increase the share of renewables across its energy sector to almost a third.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
BCCT to be Reformed to Strengthen Climate Resilience Efforts: Saber
Environment Minister Saber Hossain Chowdhury recently said Bangladesh Climate Change Trust (BCCT) will be reformed to bolster its role in achieving climate resilience.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Bangladesh Receives $900m WB Financing to Increase Economic, Urban Resilience
The World Bank (WB)'s Board of Executive Directors on June 21, 2024 approved two projects totaling US$900 million to help Bangladesh strengthen fiscal and financial sector policies and improve urban infrastructure and management to ensure sustainable and climate-resilient growth.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Adequate Plans to Face Climate Change But Budget Insufficient for Implementation: Speakers
Speakers at a recent seminar emphasized that several long-term plans, including the Centenary Delta Plan, have been formulated in Bangladesh to address the impacts of climate change.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Air Pollution Linked to Nearly 2,000 Child Deaths a Day: Report
Nearly 2,000 children die every day from health problems linked to air pollution, which is now the second biggest risk factor for early death worldwide, a report said recently.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Govt Land in Dhaka Div Can Host 20,000MW Power Plants
Bangladesh can generate 20,555 megawatts of electricity by 2050 using a very small portion of available khas land in the Dhaka division alone, according to a joint study released recently by the Coastal Livelihood and Environmental Action Network and the Bangladesh Environmental Lawyers Association.
1 min |
EP_22_02 (Energy & Power Vol 22 Issue 02 July 1, 2024)
Energy & Power
Bangladesh Elected Vice Chair of IRENA
Bangladesh has been elected Vice Chair of the 27th Council of International Renewable Energy Agency (IRENA), the second highest body of the Agency comprising 168 countries and the EU.
1 min |