Building a roadmap for energy storage in Bangladesh

Apart from sharing the study results and recommendations, this final workshop was also an opportunity for capacity building on Techno-Economic-Financial Modeling of Energy Storage Systems – through three parallel capacity building sessions, sharing of knowledge on business models and applicable commercial structures Dissemination, obtaining wide stakeholder awareness and buy-in for the Energy Storage Roadmap. The […]

IMF backs Bangladesh energy price hike, hints at further subsidy cuts

The International Monetary Fund has welcomed Bangladesh’s efforts to cut subsidies for the energy sector by increasing the prices of fuel oil, gas and electricity, indicating more price hikes. In a country report on government requests for loans, the IMF said authorities would explore options to gradually reduce energy subsidies. Control measures could exacerbate ongoing […]

Increase in electricity tariff at wholesale, retail level, effective from February 1

Notification has been issued for increase in electricity rates to be effective from February 1 at wholesale and retail level. The Electricity Department published a gazette notification on Monday, which has been issued today on Tuesday. Electricity prices have skyrocketed due to executive orders bypassing the Bangladesh Energy Regulatory Commission (BERC), the power and energy […]

‘Disruptive technologies, energy security and serious growth will be visible in a big way in 2023’

In her overview of global economic trends in 2023, Dr. Fahmida Khatoon, Executive Director, Center for Policy Dialogue (CPD), said that the global economy is passing through several challenges. “International monetary organizations predict that 2023 will be a bad year,” she said, quoting the IMF that growth will decline globally. He continued, given the grim […]

Bangladesh elected member of IRENA Council from Asia-Pacific group for 2023-2024

The organization is committed to the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind power, in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. promotes. IRENA’s membership includes 167 countries and the European Union. Bangladesh is a […]

Bangladesh ‘visible’ for Indian collaboration on hydropower imports from Nepal, Bhutan

Minister of State for Power, Energy and Mineral Resources Nasrul Hamid has sought “visible Indian cooperation” to import hydropower from Nepal and Bhutan, UNB reports. He attended a bilateral meeting on power cooperation between Bangladesh and India in New Delhi on Wednesday. In the meeting, Nasrul led the Bangladesh delegation and Power, New and Renewable […]