Search results
Results from the WOW.Com Content Network
The commission was created in 2003 and is responsible for the setting of gas, petroleum oil and electricity prices in Bangladesh. As the regulator, it also arbitrates disputes in the energy industry. [2] Its approval is needed for any changes in the price of electricity, gas and petroleum oil. [3] The Energy Security Fund is under this agency. [4]
[1] [2] It is mainly responsible for all policies and matters relating to electricity generation, transmission, and distribution from conventional and non-conventional energy sources including hydro electricity. It also deals with the Import, Distribution, Exploration, Extraction, Pricing, and other policy related details of the primary fuels.
In 2009, the Government of Bangladesh developed a Renewable Energy Policy which calls for renewable energy to be 10 percent of the total energy produced in Bangladesh. The government established the Sustainable and Renewable Energy Development Authority to support the Renewable Energy Policy through the Sustainable and Renewable Energy Development Authority Act in 2012.
Natural gas accounts for about 70% of the country's commercial energy supply. According to a study conducted in 2003 by Hydrocarbon unit of the Energy and Mineral Resources Division and Norwegian Petroleum Directorate, the initial gas reserve of the 22 discovered gas fields of the country amounts to 28.4 trillion cubic feet (TCF) out of which 20.5 TCF is considered recoverable.
The utility electricity sector in Bangladesh has one national grid operated by Power Grid Company of Bangladesh with an installed capacity of 25,700 MW as of June 2022. Bangladesh's energy sector is not up to the mark. However, per capita energy consumption in Bangladesh is considered higher than the production. Electricity was introduced to ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
A hotel worker accused of supplying drugs to Liam Payne before the One Direction singer’s death in Buenos Aires on Oct. 16., 2024 has reportedly turned himself in to the police.. Ezequiel David ...
DESA, the ancestor of DPDC was established as part of a reform process to ensure better services to the electricity consumers, develop the power distribution system and reduce system loss. Before the setting up of DESA, the power development board suffered a system loss of 45%. DESA managed to cut it down to around 26%.