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Tag Archives: Energy

The clean-energy fast track

by Kingsmill Bond, Angus McCrone, Jules Kortenhorst London – The global transition from carbon-intensive fossil fuels to cleaner, more reliable renewables like wind and solar is already well underway. But the big question – for the 2020s and beyond – is how fast it will happen. A slow transition would mean that energy-sector incumbents continue to flourish, and we would ... Read More »

Dumping fossil fuels to drive green development

By Busani Bafana Cape Town, South Africa, Sep 11 2019 (IPS) – Disinvestments in fossil fuels amounting to 11 trillion dollars – eight times the global GDP – have been recorded in the last six months of this year, according to a new report. ‘$11 Trillion and counting: new goals for a fossil-free world’, was released by 350.org in Cape ... Read More »

World’s first Floating Nuke Plant sets sail to supply power

World’s first and so far the only floating nuclear power plant (FNPP) Akademik Lomonosov set sail from the Arctic city of Murmansk on August 23, 2019 for its final destination of Pevek, Chukotka, in Russia's far east region. Upon completion of 4,700 km of journey to Pevek, the floating nuclear power unit will supply clean heat and electricity in the ... Read More »

India keen to enhance energy sector cooperation: Jaishankar

Dhaka – Indian External Affairs Minister Dr S Jaishankar on Tuesday expressed their interest in enhancing cooperation in energy sector, especially in hydroelectricity projects, to meet the growing demand of energy in the two neighbouring countries. “Hydroelectric projects can be implemented effectively as the cost of such projects are lower,” Jaishankar said when he met Prime Minister Sheikh Hasina at ... Read More »

PDB key power producer of BD incurs Tk103 billion loss

Dhaka, Jun 22 – The Bangladesh Power Development Board (BPDB) incurred the highest loss of Tk 10,271.58 crore (Tk103 billion) among 49 state-owned enterprises (SOEs) in the outgoing 2018-19 fiscal year (till April 30), according to the Bangladesh Economic Survey (BES) 2019. Thirteen other SOEs suffered a loss of Tk 13,068.62 crore (Tk130 billion) during the period against their previous ... Read More »

Planning can save the Planet: China chooses renewable energy

By Sara Flounders 23 Apr 2019 – The very corporations that are responsible for the problem are denying global warming, with immediate consequences for the whole world. Carbon emissions from the burning of oil, gas and methane are heating the planet, creating a crisis of rising sea levels, droughts, extreme weather, poisoned ground water and polluted air that puts all ... Read More »

BD plans 3 Coal-LNG-based hubs for 286k MW power generation

Dhaka, May 13 – The government is setting up three power hubs to boost Bangladesh’s power generation capacity over the next two decades. The hubs will be constructed at three locations as part of the Power System Master Plan 2016. Official sources said they will be located in Cox’s Bazar’s Maheshkhali and Matarbari in the south-east, and Patuakhali’s Payra in ... Read More »

Chinese cos give Dhaka US$4bn 2000mw coal-based power deal

Dhaka, 18 Jan – GCM Resources plc and POWERCHINA (a People’s Republic of China Central Government State Owned Enterprise) signed a Joint Venture Agreement and EPC Contract for the development of 2,000MW of mine-mouth coal-fired power plants with an approximate investment of US$4bn in Dinajpur District, North-West Bangladesh. Read More »

লন্ডনে জিসিএমের ২৮ ডিসেম্বর বার্ষিক সভার সামনে বিক্ষোভ আহবান

লন্ডনভিত্তিক গ্লোবাল কোল ম্যানেজমেন্টের(সাবেক এশিয়া এনার্জি) ২৮ ডিসেম্বর অনুষ্ঠিতব্য বার্ষিক সাধারণ সভার সামনে তেল গ্যাস রক্ষা জাতীয় কমিটি যুক্তরাজ্য শাখা, ফুলবাড়ী সলিডারিটি গ্রুপ ও রিক্লেইম দা পাওয়ার বিক্ষোভ কর্মসূচি আহবান করেছে। ঐ দিন সকাল ১০টায় সেন্ট্রাল লন্ডনের অক্সফোর্ড সার্কাসের ৩৩ ক্যাভেনডিস স্কয়ারে এ বিক্ষোভ অনুষ্ঠিত হবে। Read More »