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Energy & Power - EP_22_07 (Energy & Power Vol 22 Issue 7 September 16, 2023)

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Bangladesh’s interim government immediately after assuming office paused projects launched under the Quick Energy & Power Special Act 2010 following widespread public protests. A five-member committee, led by a retired Justice, is now reviewing these projects to assess whether they serve the nation’s best interests. At the same time, another group is examining the power sector’s current operations, aiming to introduce reforms that improve efficiency and transparency. While projects already in progress will continue, talks for new deals—including 31 renewable energy initiatives—have been suspended for review. These 31 renewable energy projects are vital for Bangladesh’s ambitious green energy goals: generating 10% of the country's electricity from renewables by 2030. The Bangladesh Solar and Renewable Energy Association (BSREA) has urged the government to proceed with these projects, fearing that canceling them will set the country back on its renewable energy targets. Experts agree that Bangladesh has great potential for renewable energy, especially solar, but some caution that rushing into projects without transparency could lead to inefficiencies and corruption, as seen under the previous administration. However, others argue that quickly implementing these renewable projects could help Bangladesh move away from its reliance on expensive and polluting fossil fuels. The government should prioritize reviewing and approving renewable energy projects as swiftly as possible, ensuring that transparency and public interest are upheld while avoiding unnecessary delays in meeting Bangladesh’s green energy goals. A balanced approach will help the country progress while maintaining trust in the process.

Energy & Power Description:

Forlegger: Energy-&-Power

Kategori: Business

Språk: English

Hyppighet: 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