NEWSLETTER

BN

ENERGY NEWS

Smart politicians often project an image of strength and competence. When something goes wrong, they blame either fate or external shocks, especially in the energy sector. The capacity to shift blame onto factors seemingly beyond their control is viewed by these politicians as a display of smartness. The government's justification behind increasing electricity prices is an example of this "smart blaming."
Smart politicians often project an image of strength and competence. When something goes wrong, they blame either fate or external shocks, especially in the energy sector. The capacity to shift blame onto factors seemingly beyond their control is viewed by these politicians as a display of smartness. The government's justification behind increasing electricity prices is an example of this "smart blaming."
Bangladesh’s economic crisis is set to take on a new dimension this year with the country introducing its first-ever power plants that will exclusively operate on imported liquefied natural gas. In the past year, Bangladesh generated half of its electricity from gas supplied through the gridline, in which imported LNG was mixed with local gas, which accounted for three-fourths of the supplied gas.
Bangladesh has achieved a new milestone in its renewable energy ambition, with the country's first commercial wind power plant going into full production this month. The wind power plant in Cox's Bazar, boasting a capacity of 60 megawatts, started full-scale operation on 8 March and has been running smoothly ever since, according to Nirod Chandra Mondal, joint secretary (renewable energy) at the Power Division.
Japan’s largest liquefied natural gas buyers have surplus problems, prompting them to expand business to South and Southeast Asian countries, including Bangladesh, according to a report released by the United States-based Institute for Energy Economics and Financial Analysis. The report also revealed that demand for LNG in Japan was falling for several reasons, but Japan’s LNG buyers still increased their purchases aimed at becoming a major LNG player.
Despite the prevailing dollar crisis in the country, the government has taken initiative for more deals to import liquefied natural gas (LNG). Three deals were signed in June and November last year. Another one is likely to be signed soon. Under the four deals, from June 2026 the supply of imported LNG is to be 1.7 billon cft of gas per day. The present capacity is 1.1 billion cft. However, the highest amount of gas supplied so far has been less than 900 million cft.
Japan's efforts to achieve a carbon-neutral hydrogen society may increase emissions due to its fossil fuel-dependent supply chains. To reduce this impact, Japan should focus on low-carbon hydrogen in critical sectors like chemical production, marine, aviation fuels and heavy industry. Tightening the definition of low-carbon hydrogen, backed by government subsidies and import requirements, is also essential to ensure private sector compliance.