Highlights from June

 

Japanese firm urged to drop net-zero concept in preparing integrated energy master plan

During the second stakeholder meeting on the integrated energy and power master plan (IEPMP), the Prime Minister’s Energy Advisor asked the Japanese firm to drop the net-zero concept, stating that it is not applicable to Bangladesh, as this country is one of the least emitting nations. Read More

 

Bangladesh’s overcapacity in power to hit 70pc soon

Some of Bangladesh’s greatest power facilities are scheduled to begin operation by 2024, increasing the country’s installed capacity by roughly a third or over 7,300 MW. But regarding the new addition of electricity, economists and power experts showing concern as most of the electricity remains unused. Read More

 

The Russia-Ukraine war, high energy price threatens Bangladesh’s food security

Bangladesh’s import expenses for energy, food, and agricultural inputs have increased in late 2020, which further worsened due to the war. Although the country continues to pursue a strong GDP growth, rising power sector costs weigh down the economy and can lead to public unrest and political instability. Read More

 

Bangladesh yet to tap the full potential of green energy, documents show

In spite of the fact that the cost of producing renewable energy, has decreased significantly in recent years, its proportion to the nation’s power output has not increased. The proportion of grid-connected renewable energy to the nation’s overall power generation remains below one percent. Read More

 

Petrobangla is buying LNG at four times the price

Petrobangla imports LNG at four times the price from the spot market. In July 2021, the spot market price per MMBTU was $10.99. The price rose to 36.93 USD per unit in April 2022. Gas and power rates have risen due to increasing LNG prices. Read More

 

Clean energy option fighting a losing battle

The conflict in Ukraine has made energy security a global priority. Long-term measures should include increased usage of renewable energy and more efficient energy usage. To meet the goals of the Paris Agreement, countries agreed at COP26 to halve global carbon emissions by 2030. Read More

 

Govt must revise power generation policy early

Bangladesh has more than 25,000MW of installed electricity capacity, with the supply being close to 15,000MW in the summer and 8,000MW in the winter. In 2020–2021, about 60 per cent of the installed generation capacity remains unused. The government will require to pay Tk 260 billion capacity payments in 2022 to the quick rentals. Read More

 

গ্যাস ও বিদ্যুতে ভর্তুকি থাকছে ৩৪ হাজার কোটি টাকা 

বৈশ্বিকভাবে জ্বালানির দাম বাড়ায় আমদানি করা তরলীকৃত প্রাকৃতিক গ্যাসে (এলএনজি) খরচ বেড়েছে কয়েক গুণ। অন্যদিকে জ্বালানি তেলের দাম বাড়ায় বিদ্যুতের উৎপাদন পর্যায়েও বেড়েছে। এ ব্যয় সামাল দিতে বিদ্যুৎ ও জ্বালানি খাতে আগামী ২০২২-২৩ অর্থবছরের জন্য ৬৫ হাজার কোটি টাকার বেশি ভর্তুকির প্রয়োজন হবে। বিস্তারিত পড়ুন এখানে

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