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‘20-year Energy Security Fund formulated for LNG import’
The government has created an Energy Security Fund to finance in the country’s gas exploration and extraction projects, including the import of liquefied natural gas (LNG) to meet the scarcity of natural gas. On April 10, 2018, the Energy and Mineral Resources Division has issued a notification on the formation of the Energy Security Fund Policy-2018. According to the notification, the fund will be used in exploring, extracting, purifying, transmitting, distributing gas, importing LNG and taking other related projects with the help of this fund to ensure the energy security in the country. However, it is seen in the analysis of the notification that a large part of this fund will be spent for importing LNG. The government will import 500 mmcf of LNG daily and provide it to national gas grid from May next. It is said that the period of the fund will be 20 years from the date of policy issuance. After the expiration of the timeframe, the government will decide in this regard. The Bangladesh oil, gas and mineral resources corporation (Petrobangla) under the Division of Energy and Mineral Resources will take the charge of managing the fund. An eight-member committee convened by Petrobangla chairman has been constituted to fix the implementable projects to be run by the fund. The General Manager of Petrobangla LNG Cell will be the member secretary of the committee. In the circular, it has been stated that the purpose of forming this fund is to take short, medium and long-term measures to ensure safety in energy supply. If the project run by the money of the fund is considered profitable or commercially successful, then the taken investment will have to be repaid within 15 years of the beginning of the project, with the grace period of five years, on a six-month basis in 20 phases with 2 percent interest including service charges. However, the service charges will not be applicable during the grace period. The money, used only for gas exploration projects, will not be refundable if the gas is not available for extraction, or if the gas extraction is not considered economically profitable. Besides, the money spent for hiring the project consultant or experts or conducting surveys will not be refundable. In this case, the money mentioned in this regard will be regarded as donations. It is here noted that the Bangladesh Energy Regulatory Commission, in an order to increase the price of gas at the consumer level on August 27, 2015, directed to form this fund. Later, the Division of Energy and Mineral Resources formed the fund effective from September 1, 2015, said the notification. According to the commission order, the asset value of gas produced in the country will be deposited to the energy security fund for consumers` interest, with a weight average cost of 1.01 per cubic meter and the interest on the savings will also be kept in the fund. Later, the money will be spent on various projects. However, Energy Regulatory Commission has already directed to allocate approximately Tk7,000 crore for one year to Energy and Mineral Resources Division from its Energy Security Fund for the purposes of LNG import and operations of LNG terminals. The Security Fund received around Tk 6,000 crore as of December 2017.
Nasrul Hamid urges German businessmen to invest in BD
April 21, 2018 Saturday 9:21 AM By UNB
State Minister for Power and Energy Nasrul Hamid has urged the German businessmen to invest in Bangladesh power sector. He made the call while addressing the ‘3rd German-Asia Business Dialogue’ in Germany’s Berlin on Wednesday, according to a message received in Dhaka. The junior minister said Bangladesh poses a potential to become a marketing hub of Germany and all other European countries to reach their products to a large market in Indian ‘seven sisters’ and also Myanmar. He said a huge demand has been created for advanced technology in three segments of power generation, distribution and transmission with the initiative of the Prime Minister Sheikh Hasina investment in the sector. Appreciating the organigers for arranging the German-Asia Business Dialogue, Nasrul Hamid hoped that this initiative will play an effective role in creating a platform to strengthen the relation between German and Asian companies. This will help build a coordination among member of parliaments, bureaucrats, and diplomats as well”, he added. Laurence Bay, Singapore ambassador in Germany, Prof. Dr. Jhy-Wey-Shich, Taiwan representative in Germany and Dr. Volker Treier, deputy chief executive of DIHK also spoke at the function. Meanwhile, Nasrul Hamid met with Mark Hauptmann, a German parliament member, to discuss different issues on investment, renewable energy and sustainable development. Bangladesh ambassador in Germany Imtiaz Ahmed was also present on the occasion.
Category: Business
Nepal plans to sign deal to export power in Bangladesh
April 17, 2018 Tuesday 10:32 AM By The Himalayan Times
The Ministry of Energy, Water Resources and Irrigation is preparing to sign a memorandum of understanding (MoU) with Bangladesh to strengthen energy cooperation between the two countries. Nepal and Bangladesh have been talking on bilateral energy cooperation since the power trade agreement (PTA) was signed with India in 2014. Nepal has identified Bangladesh as a prospective market for hydroelectricity, which is a clean and renewable source of energy. Following the SAARC member states agreement on ‘SAARC Framework Agreement for Energy Cooperation (Electricity)’ in November 2014, Nepal and Bangladesh have seen the prospects of bilateral power cooperation. Recently, Energy Minister Barshaman Pun also said that the government is preparing to sign an MoU on energy cooperation with Bangladesh through which the country can lure investment from Bangladesh to exploit Nepal’s hydro resources. However, to materialise power trade between the two nations, Nepal and Bangladesh need to hold talks with India. As there is power trade between Nepal and India, and also Bangladesh and India, power trade between Nepal and Bangladesh is not a far-fetched notion, according to Ambassador of Bangladesh to Nepal, Mashfee Binte Shams. Ambassador Shams said that both countries are preparing to sign an MoU on energy cooperation and they can enter into a power trade agreement, which is a more specific document. However, trilateral consensus is must for the PTA to be signed. There is prospect of energy trade between Nepal and Bangladesh as GMR Energy India has signed MoU to sell power produced from Upper Karnali Hydropower Project, which is going to be developed under Indian investment to Bangladesh. For this purpose, an initial MoU regarding connection agreement has already been signed with Bangladesh Power Development Board (BPDB) during the visit of Bangladeshi Prime Minister Sheikh Hasina to India in April last year. Bangladesh’s current electricity generation stands at around 16,000 megawatts and it will require around 34,000 megawatts of power by 2030 to sustain the high economic growth of above seven per cent. As participating nations have envisioned providing access to sustainable, clean and affordable energy to their citizens by 2030 under the Sustainable Development Goals, Bangladesh has taken Nepal’s hydroelectricity as a reliable source for the rising demand of clean and reliable energy, as per Ambassador Shams.  Energy consumption is relatively low in South Asia as per capita energy consumption stands at 650 kilowatt hours (units) compared to global average energy consumption of 3000 kilowatt hours.  
Category: Renewable
World Bank to support electricity transmission and renewable energy in Bangladesh
April 17, 2018 Tuesday 6:12 AM By News Desk, energynewsbd.com
World Bank has agreed to support Bangladesh by providing it with $450m to strengthen its electricity transmission network. The project, known as Enhancement and Strengthening of Power Transmission Network in Eastern Region Project will improve reliability of electricity supply and reduce load shedding in the eastern region. It will covering greater Cumilla and Noakhali and part of greater Chittagong, said a press release. Besides, about 275,000 households and 16,000 agricultural consumers are expected to receive new electricity connections. Under the project, 13 new substations will be built while an existing one will be rehabilitated in the country’s eastern part. These new substations will also help to integrate renewable energy and new energy generations to the grid. As per the project, one 230 kV transmission line through greater Cumilla and four short distance 132 kV lines in Cumilla and Noakhali areas will be built. World Bank Bangladesh, Bhutan, and Nepal country director Qimiao Fan said: “In recent years, Bangladesh has significantly increased power generation. That significantly increased power generation requires improvement and expansion of the transmission and distribution system to get to consumers. “By supplying uninterrupted power to the Mirsharai Economic Zone, port, airport or other key economic facilities, the project will help unlock private sector and job growth.” Recently, Bangladesh also secured $55m from the World Bank to expand the use of clean and renewable energy in rural areas where grid electricity cannot reach easily. This is an additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project. As part of the project, 1000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas will be installed. The project is expected to provide 10 million people living in villages, shoals, and islands to access electricity and use energy efficient cookstoves.  Under the project, 10 solar mini-grids have already been built in remote areas, including islands and shoals to provide grid quality electricity.
Category: Power
Govt to import 500MW power from India
April 12, 2018 Thursday 10:58 PM By News Desk, energynewsbd.com
The government is set to import 500 megawatt electricity on a short and long-term basis from India to meet the growing demand for power in the country. The proposal to import electricity from two Indian companies for Tk 4.71 to Tk 6.54 kW/h has already been approved by the cabinet committee on purchase on Wednesday. The short-term would be from June 2018 to December 31, 2019. Bangladesh will purchase 300MW of electricity from NTPC Vidyut Vyapar Nigam (NVVN) for Tk 4.71 kW/h ($0.0566) and 200MW from PTC India for Tk 4.86 kW/h ($0.0584). The same companies will also provide power over the long-term: from January 1, 2020 to May 31, 2033. Indian company NVVN will supply 300MW at a cost of Tk 6.48 kW/h ($0.0779) and PTC India Ltd will supply 200MW power at a cost of Tk 6.54 kW/h ($0.0786). Bangladesh has been importing 500MW of electricity from the neighbouring country through the inter-connection grid line from 2013. The tenure for the arrangement will end in June. Another 160MW of electricity is being imported from Tripura from March 2016. The cabinet committee on economic affairs held a meeting before the meeting of the purchase committee.   The economic affairs committee approved the import of liquefied natural gas from Oman on a government-to-government basis.
Category: Power
PGCB constructs new grid sub-station at Payra
April 12, 2018 Thursday 8:09 PM By News Desk, energynewsbd.com
State-owned Power Grid Company of Bangladesh (PGCB) will construct a new grid sub-station at Payra in Patuakhali district with a view to evacuating power from under-construction power plant. PGCB secretary Md Ashraf Hossain and Energypac Ltd manager ATM Zakaria signed the deal on behalf of their organisations in Dhaka on Wednesday. The PGCB signed a deal with local EnergyPac Engineering Ltd for construction of 132/11 kV sub-station at Payra, said a press release. The government is implementing a series of power plants and a deep sea port at Payra in Patuakhali. Then, the PGCB will require implementing the sub-station for smooth evacuation of the newly generated electricity. The Energypac will implement the grid sub-station within nine months as per Tk 31.72 crore deal under turn key basis, official said. Payra will receive electricity from 33kV and 11kV Patuakhali grid sub-station. Payra has already started facing overvoltage and technical glitz for receiving electricity from about 45 kilometers away. PGCB managing director Masum-Al-beruni, executive directors Mohammed Safiullah, Chowdhury Alamgir Hossain, Md Amdadul Islam and Md Safayet Hossain, project director Md Anamul Huq and EnergyPac chief executive officer Rabiul Alam attended at the signing function.
Category: Power
PM opens Bheramara 410MW Power Plant
April 12, 2018 Thursday 7:24 PM By BSS
Prime Minister Sheikh Hasina on Thursday opened Bheramara 410MW Combined Cycle Power Plant and cent percent electrification in 15 upazilas renewing her call to the people to be economical in using electricity. The premier inaugurated the power plant and cent percent electrification in 15 upazilas through a videoconferencing from her official Ganabhaban residence here this morning. From the same function, she opened innovative online training platform “Kusholi”. The Bheramara combined cycle duel fuel power plant was constructed at a cost of Tk 3,784.98 crore. Of the amount, the government provided Tk 634.72 crore while the rest came as project assistance. The North-West Power Generation Company Ltd, an organisation of the Power Development Board, implemented the project at Bahirchar in Bheramara upazila of Kushtia. The 15 upazilas brought under 100 percent electrification are Dhamrai of Dhaka, Nikoli of Kishoreganj, Rauzan of Chittagong, Pirganj of Rangpur, Khoksha of Kushtia, Debhata of Satkhira, Rupsha, Fultala and Dighalia of Khulna, Bagatipara of Natore, Bera of Pabna, Bianibazar of Sylhet, Dinajpur Sadar and Birampur of Dinajpur. With these upazilas, cent percent electrification facilities were inaugurated in 51 upazilas of the country. “Kusholi” is a web-based learning management system or software used to plan, implement and assess a specific learning process. It will support Bangladesh’s expanding electricity needs over the next three decades, while anyone can join the training from anywhere in Bangladesh. Jatiya Sangsad Speaker Dr Shirin Sharmin Chowdhury also spoke on the occasion. Power Division Secretary Dr Ahmed Kaikaus made a power point presentation on the past, present and future of the electricity in Bangladesh, while PM’s Principal Secretary Md Nojibur Rahman moderated the function. Information Minister Hasanul Haq Inu, Education Minister Nurul Islam Nahid, State Minister for Power, Energy and Mineral Resources Nasrul Hamid were present.  Besides, chairman of the Parliamentary Standing Committee on Power, Energy and Mineral Resources Tazul Islam, Jatiya Sangsad Whip Atiur Rahman Atiq, the Japanese Charge d’Affaires in Dhaka, parliament members and senior officials of the Prime Minister’s Office were present at the function, among others. Later, the prime minister exchanged views with the cross section of people including government officials, public representatives, teachers, guardians, students, freedom fighters and beneficiaries through the videoconferencing.
Category: Power
Akram-Al-Hossain next BPC chairman
April 11, 2018 Wednesday 9:08 PM By Staff Correspondent, energynewsbd.com
The government has appointed a new chairman for state owned Bangladesh Petroleum Corporation (BPC). Public Administration Ministry has issued a circular in this regard on Wednesday. Md. Akram-Al-Hossain, additional secretary has been made the new chairman of BPC with the status of an acting secretary. The post of BPC chairman was vacant after the previous chairman Abu Hena Md Rahmatul Muneem was appointed as the Secretary of Energy and Mineral Resources Division.
Category: Others
165 students to run internship this year at Power Division: Nasrul Hamid
April 10, 2018 Tuesday 7:51 PM By Staff Correspondent, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid said Power Division has given the opportunity to 165 young students for the second time to run internship at different offices in the current year. He made the disclosure while addressing certificate giving ceremony among 100 students of the first internship project held last year and orientation programme for the new 165 students in the capital`s Biduyt Bhaban on Monday. The internship programme is being jointly implemented by the Ministry of Power, Energy and Mineral Resources and the private research organisation Centre for Research and Information (CRI). At the function, the State Minister said that internship system is available in the developed world to build up skilled manpower. In Bangladesh, Power Division is the first to introduce this training. Hamid said internship will play a great role to cope up with the future workplaces as job training or internship creates skilled manpower. The ministry will increase the number of internship for students to 500 soon, he said. So far, the CRI has given the opportunity to work for 26,500 students as jobs, training and voluntary work in various ministries, Nasrul informed the audience. Power Cell Director General Mohammad Hossain said our moral responsibility is to make today`s youths fit and skilled to get the benefits of demographic dividend fast.  “If you take ideas from work environment beforehand, you can work smoothly in the offices with more confidence. As a result, it is possible to speed up the development of individuals and organisations,” Hossain opined. Power Division Secretary Ahmad Kaikaus and BPDB Chairman Khaled Mahmood also spoke, among others.
Category: Others
Bangladesh urges French help for energy sector
April 10, 2018 Tuesday 10:24 AM By News Desk, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has sought French cooperation in enhancing the capacity of the energy sector officials, especially in the operation of state-owned refinery being set up in Chattogram. He made the call when French Ambassador in Bangladesh Marie Annick Bourdin met him at his Energy Ministry office on April 8, said a press release. Currently, Techinp, a French company, remained engaged in setting up the second unit of state-owned Eastern Refinery in Chattogram. Besides, French firm Lafarge and other companies have investment in different sectors, including cement and clean energy. Welcoming the French ambassador, Nasrul Hamid said France has been one of the leading development partners of Bangladesh. He said both the nations will be benefited if they work together for different development projects. Both the state minister and the ambassador discussed various issues, including progress on different other projects involving bilateral interests of the two countries. The state minister said both Bangladesh and France have to continue efforts to further strengthen cooperation between the two countries.
Category: Petroleum
BHP confirms exit from world coal body over climate stance
April 6, 2018 Friday 6:22 PM By BSS/AFP
The world`s biggest miner BHP said Thursday it was following through on a decision to leave the World Coal Association over climate change policy differences, but would remain a member of the US Chamber of Commerce. The Anglo-Australian giant announced in December it was reviewing industry group memberships to ensure they aligned with its climate and energy stance, which includes tackling global warming through emission reductions. "In light of the material difference identified by the review and the narrow range of activities of benefit to BHP from membership, BHP has reached a final view that it will cease membership of the WCA," it said in a statement. The global lobby group had favoured the dumping of a clean energy target, which in Australia involves investment in renewables, as it supported the use of cleaner coal technologies instead. BHP has said its policy was to tackle climate change by encouraging the use of all technologies. The WCA said it was disappointed in the decision and stressed its support for an "approach that integrates climate and energy policy that works towards a low-emission future". "We believe a balanced approach should not exclude high efficiency, low emissions power generation and carbon capture and storage," the coal association said in a statement. BHP had also considered leaving the US Chamber of Commerce over its rejection of the Paris Agreement and a carbon-pricing policy, but said it would remain a member to benefit from the body`s advocacy on free trade and tax reform. "In particular BHP notes the position the chamber has taken on issues of policy significance including its commentary on the issue of steel and aluminium tariffs in the United States," the statement said. Australia is among several key US trade partners exempted from President Donald Trump`s controversial tariffs on steel and aluminium imports announced last month. Brynn O`Brien, executive director of the Australasian Centre for Corporate Responsibility, said BHP`s decision to stay with the US Chamber of Commerce ran contrary to its economic interest. "As long as powerful companies like BHP continue to financially back fossil fuels lobbyists, these lobbyists will continue to jeopardise efforts to protect companies from climate risk," O`Brien said. BHP rival Rio Tinto made a full exit from the coal industry last month after offloading its last Australian assets, a mine in Queensland state, to private equity manager EMR and Indonesian coal group Adaro for US$2.25 billion. Rio`s divestment drive and BHP`s exit from the WCA come as some governments look to move away from coal-fired power, a key driver of global warming and air pollution.
Category: Environment
Russian oil output hits 11-month high in March
April 4, 2018 Wednesday 4:56 PM By Reuters
Russia’s oil output edged up in March to an 11-month high of 10.97 million barrels per day (bpd), slightly above a limit agreed under a global supply pact, energy ministry data showed on Monday. It was the first increase in Russian output since December and the highest level since output of 11 million bpd in April 2017. Under an agreement by members of the Organization of the Petroleum Exporting Countries and other producers that came into effect last year, Moscow pledged to cut output by 300,000 bpd from a baseline of 11.247 million bpd based on its output in October 2016. The Energy Ministry said that in March it cut output by around 280,220 bpd from the October 2016 level. “Russia reached the production cuts compliance (with the OPEC deal) of 93.4 percent. The fluctuations of the liquid hydrocarbons in March were due to a high demand for gas and seasonality on the domestic market,” Energy Minister Alexander Novak said in a statement. “Russia is fully committed to reaching the balance on the oil market,” he added. Russian output in March rose from 10.95 million bpd in February. In tonnes, it totaled 46.39 million versus 41.836 million in February. Russian oil pipeline exports in March stood at 4.163 million bpd, slightly up from 4.162 million bpd in February. The current global supply deal lasts until the end of 2018. OPEC states, Russia and several other non-OPEC producers agreed to cut supplies from January 2017 to lift oil prices that plunged from above $110 a barrel in 2014 to below $30 in 2016. Oil is currently traded just below $70 per barrel. Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering a deal to greatly extend the short-term alliance on oil curbs. The Kremlin has said Russia and Saudi Arabia have been discussing a “wide range of options” on cooperation in the global oil market. According to the energy ministry data, Russia’s largest oil company Rosneft and No.2 producer Lukoil both increased their output by 0.1 percent last month from February. Output at Production Sharing Agreement (PSA) projects declined by 0.6 percent in March as plans for an output rise at the ExxonMobil-led Sakhalin-1 project have been delayed. Russian natural gas production totaled 65.68 billion cubic meters (bcm) last month, or 2.12 bcm a day, versus 59.23 bcm in February.
Category: Other Countries
ENOC keen to supply LNG to Bangladesh
April 4, 2018 Wednesday 4:33 PM By News Desk, energynewsbd.com
UAE based Emirates National Oil Company Limited (ENOC) has shown expression of interest (EoI) to supply liquefied natural gas (LNG) to Bangladesh, thanks to the country’s growing demand of fossil fuel. Yusr Sultan Al Junaidy, ENOC Managing Director, has recently shown the interest to State Minister for Power, Energy and Mineral Resources Nasrul Hamid in this regard. Bangladesh is expected to consume 1000mmcfd of LNG gas in the current year. The energy and mineral resources division has already completed the negotiation with Qatar RajGas to import first installment of LNG late of this month. The Dubai-based ENOC Group comprises more than 30 related subsideries in oil exploration and production, refining, terminalling, downstream marketing, industrial products, lubricants, aviation and LNG trading, according to the EoI submitted to the minister.
Category: Gas
Global carbon emissions hit record high in 2017
April 1, 2018 Sunday 10:21 PM By Reuters
Global energy-related carbon emissions rose to a historic high of 32.5 gigatons last year, after three years of being flat, due to higher energy demand and the slowing of energy efficiency improvements, the International Energy Agency (IEA) said. Global energy demand rose by 2.1 percent last year to 14,050 million tonnes of oil equivalent, more than twice the previous year’s rate, boosted by strong economic growth, according to preliminary estimates from the IEA. Energy demand rose by 0.9 percent in 2016 and 0.9 percent on average over the previous five years. Over 70 percent of global energy demand growth was met by oil, natural gas and coal, while renewables accounted for almost all of the rest, the IEA said in a report. Improvements in energy efficiency slowed last year. As a result of these trends, global energy-related carbon dioxide emissions increased by 1.4 percent in 2017 to 32.5 gigatons, a record high. “The significant growth in global energy-related carbon dioxide emissions in 2017 tells us that current efforts to combat climate change are far from sufficient,” said Fatih Birol, the IEA’s executive director. “For example, there has been a dramatic slowdown in the rate of improvement in global energy efficiency as policy makers have put less focus in this area.” Carbon dioxide emissions are the primary cause of global average temperature rise, which countries are seeking to curb to avoid the most devastating effects of climate change. At talks in Germany late last year among almost 200 nations about details of a global climate accord, scientists presented data showing that world carbon emissions were set to rise 2 percent in 2017 to a new record. EMISSIONS “Global emissions need to peak soon and decline steeply to 2020; this decline will now need to be even greater given the increase in emissions in 2017,” the IEA said in its report. The IEA said Asian countries accounted for two thirds of the global increase in emissions. China’s emissions rose by 1.7 percent to 9.1 gigatons, limited by renewables deployment and more rapid switching to gas from coal. Most major economies saw an increase in carbon emissions, though Britain, the United States, Mexico and Japan experienced declines. The biggest drop came from the United States, where they were down 0.5 percent to 4.8 gigatons due to higher renewables deployment. The IEA said oil demand grew by 1.6 percent, or 1.5 million barrels a day, more than twice the average annual rate over the past decade, driven by the transport sector and rising petrochemical demand. Natural gas consumption grew by 3 percent - the most of all fossil fuels - with China alone accounting for nearly a third of the growth. This was largely due to abundant and relatively low-cost supplies, the IEA said. Coal demand was 1 percent higher last year, reversing declines over the previous two years, due to rises in coal-fired electricity generation, mostly in Asia. However, renewables-based electricity generation rose by 6.3 percent, due to the expansion of wind, solar and hydropower. Renewables had the highest growth rate of any energy source, meeting a quarter of world energy demand growth, the IEA said.
Category: Environment
Off Grid Energy power up latest fleet of electric delivery vans for UPS
March 22, 2018 Thursday 7:40 AM By News Desk, energynewsbd.com
Off Grid Energy, leading manufacturer of power solutions for the construction and utility industries, has supported UK Power Networks Services to deliver a project for UPS to overcome concerns related to the integration of electric delivery vehicles at its London parcel delivery depot. In conjunction with UK Power Networks Services, Off Grid Energy delivered a multi-function Battery Energy Storage System (BESS) as part of a wider integrated smart management system that provides a dynamic control of individual vehicle charging points to support the existing limited capacity grid supply, said a press release. The integration of 118 additional electric vehicles increased the demand that would exceed the capacity of the existing supply to the central London depot, and with the cost of an infrastructure upgrade too expensive and timely to be feasible, UPS needed an alternative solution that could be delivered within a short timescale. “Until recently, EV operators would have to account for a substantial increase in budget allocation to allow for an upgrade of infrastructure to meet increased energy demands,” said Danny Jones, Founder and CEO of Off Grid Energy. “However, with our cost-effective Universal Battery Energy Storage System (UBESS) - the Ingenium - customers now have an alternative solution.” Comprising of a smart charging system that dynamically controls the power available to connected vehicles, the system can intelligently limit the peak load on the network. Working alongside and interacting with this, the UBESS monitors depot load through remote measurement at the LV substation and makes stored energy available to the depot to cover any unavoidable deficit in capacity. In addition, when not required to support the depot, the Ingenium U-BESS is able to provide DSR services reflected back to the grid network that include FFR, demand shift, Voltage regulation, real and reactive power import/export and PV self-consumption. “By offering multi-layered benefits, this technology provides a solution to limited capacity grid issues as well as delivering network support services that, together, ensure the asset works hard for its keep.  Growth in EV fleets in our towns and cities, driven by air quality concerns, can now be effectively introduced without the cost and time associated with traditional grid re-enforcement,” added Jones.
Category: Other Countries
90 MW power can be generated from city’s waste daily: Nasrul
March 22, 2018 Thursday 7:04 AM By BSS
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Wednesday said over 90 MW electricity can be generated daily from the waste piled up every day in city corporation areas. “We have to manage waste properly to make the city environment-friendly and through using waste the country can get more than 90 MW electricity daily,” he said while witnessing a memorandum of understanding signing ceremony as the chief guest at Byduit Bhaban here. Nasrul said about 9,000 tonnes of waste is being produced in Dhaka city every day. It is possible to generate one-megawatt electricity from 80-100 tonnes of waste and accordingly 90 MW electricity can be generated from the waste of city corporation areas, he added. Bangladesh Power Development Board (BPDB) and Narayanganj City Corporation (NCC) signed the MoU to produce electricity from waste. Secretary of BPDB Mina Masud-us-Zaman and Chief Executive Officer of NCC ASM Ahtasamul Haque signed the MoU on behalf of their respective side.  Among others, Narayanganj City Corporation Mayor Dr Selina Hayat Ivy, Power Secretary Dr Ahmed Kaikaus and BPDB Chairman Engineer Khaled Mahmood spoke on the occasion.
Category: Renewable
CEO roundtable to promote energy efficient technology in textile and RMG sector
March 21, 2018 Wednesday 12:06 PM By News Desk, energynewsbd.com
Infrastructure Development Company Limited (IDCOL) has organised a CEO roundtable to promote energy efficient technologies in the textile and RMG sectors across Bangladesh. The CEO roundtable, has organised by IDCOL at its Head Office on March, 18 showcased the technology interventions related to energy efficiency measures in the RMG and textile sector of Bangladesh, said a press release. Top executives of the major textile and RMG companies were present in the roundtable. The roundtable has provided the participants with greater insights on emerging energy efficient measures implemented in Bangladesh as well as those considered as global best practices. The participants of the roundtable has opined that the growth of Bangladesh’s economy relies heavily on the RMG and textile industry, which employs around four million people. To compete successfully, firms must control their costs – while meeting ever stricter requirements for working conditions and environment friendly practices defined by international buyers. With rising cost of energy and depleting natural resources, the growth trajectory of Bangladesh textile and RMG industry can only be sustained by investing in smart energy efficient technologies. Adopting energy efficient technologies will also create quality jobs, attract important new investments, create new business opportunities and improve the quality of life. IDCOL, a development finance institution, is promoting energy efficiency initiatives in Bangladesh by offering low-cost long-term financing to eligible entrepreneurs up to 100% of the equipment value.
Category: Efficiency & Conservation
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