Energy News

Agrovoltaics systems would allow larger employment opportunities for women and for low and middle skill level workers. This is a crucial consideration for just transitions

Dev financiers bound by decarbonization covenant. Ongoing development projects, too, may fall into funding uncertainty as major foreign financiers are bound by global decarbonization deal to cease financing non-green ones from this July.

State Minister Nasrul Hamid conveys strategic vision in the meeting with Chinese envoy. Bangladesh has expressed a strong interest in expanding China's involvement in the power and energy sector, aiming for $30 billion over the next five years.

Meant for likely signing during PM's Beijing trip. Bangladesh and China are in discussion on signing two accords on 'cooperation on economic development policy' and 'promoting green and low- carbon development' during prime minister's anticipated Beijing trip, highly placed sources said.

The power sector is suffering from a crisis in both taka and foreign exchange. The government is about to increase the price of electricity once again to meet the taka shortfall. This may give the Power Development Board (PDB) a degree of relief in paying the outstanding dues to the local power plants.

Experts echo CPD recommendations for remedying energy woes.

In 2016, the government prepared a master plan for the energy sector of the country (Power System Master Plan). It was positioned as a comprehensive guide for the country's power and energy sector. However, as time unfolded, the master plan appeared to be a path to financial disaster, due to a number of key issues.

Electricity is often viewed as an indicator of a nation's progress. A reliable and abundant electricity supply can improve life as we know it. In Bangladesh's growth process, electricity is crucial to power its industry and improve the quality of life of its citizens. Like many developing countries, Bangladesh struggles to provide dependable and accessible energy.

The Cabinet Committee on Government Purchase today approved a proposal to import a cargo of liquefied natural gas (LNG) from the international spot market.

The cabinet committee on government purchase in a meeting on Tuesday approved a proposal from Petrobangla to import a cargo of liquefied natural gas from the international spot market.

Bangladesh Power Development Board has proposed to increase the bulk price of a unit of power by 80.74 per cent as the Awami League government opted to withdraw subsidy in the power and energy sector in less than two weeks after assuming power for a fourth straight term.

This month, a cold front swept across much of Europe and giant tankers that carry fuel through the Red Sea were rerouted to avoid escalating violence. That should have pushed gas prices higher. Instead, they just kept falling.

State minister for power, energy and mineral resources Nasrul Hamid on Sunday said that gas supply situation would improve in Dhaka and adjacent areas in a day or two.

As Bangladesh is set to import more liquified natural gas (LNG) in the future amid depleting local gas production, the government has planned to build a new gas pipeline for $1.4 billion to channel the additional imports to the hungry national grid.

After splurging extensively for the past fifteen years to boost power generation by approximately 500 per cent, Bangladesh still grapples with a severe electricity shortage.