Member Info for Shouston

Holding yesterdays gains pretty well. So no dumping that I can see.

The board maybe being watched by a disgruntled wise old owl...

With so many aliases it would be quite simple to trigger a 'auto' post/thread delete.

The knowledgable long term here are 20 yrs in. The info from Searcher earlier is a positive step forward.

20 years in the making.

Your timing to pump/$upport this will be one of your finest.

Forget that it just changed back to 8.25.

Good day... time for a beer!!

Price 8.75

Up 1.90 (29.92%)

Bid: 8.00 Ask: 8.50

Price should be 8.25 but states 8,75 on here?

Onwards and upwards

Intriguing close to today...

Not many trades to make it change like that.

Maybe there are some buy orders in place??

33% up!!!

No need to shout ;;;lol

Don't take it personally, post removal here is very common and for the most part unnecessary.

We are perplexed at who is doing this.

Looks like the herd are arriving...

The "Jungle" drum is beating hard...lol

Both hands with white knuckles ;-)

Has been equalled today... can it push further?

Looks like Mr Market is awakening to this today!!!

Yes very positive news...!!

Just need to see a copy of it please?

He acknowledged concerns that the high electricity consumption of data centres could pose challenges to Bangladesh’s renewable energy targets. However, he said global realities have changed and Bangladesh must adapt.

Aziz noted that until two years ago, Summit had planned to shut down all hydrocarbon-based power plants by 2050, but current domestic and global conditions have made that goal unfeasible for now.

We must not lose sight that our proposal has now been expanded to also include an adjunct project, a Solar Power Park of up to 4,500MW capacity installed at the Project site (collectively referred to as the "Power Projects")

Ammonia is used to reduce the co2 emissions from burning coal.

Yes indeed some selling today. Not mine I hasten to add 😀

We have to consider this new energy plan has been written by the Yunus interim government who are very much focused on green energy.

As admirable as it is green energy is more costly to produce. New gov will not have to adhere to this plan 100% as they will be faced with the financial reality.

Update Bangladesh Energy Msster Plan 2026.

I am hopeful they will see sence in using own coal to replace the imported Coal today.

I got the following by Google search Bangladesh energyssyer plan 2026.

Key Goals & Strategy:

Phased Approach: The new plan splits into Phase I (2026-2030), Phase II (2030-2040), and Phase III (2040-2050).

Balancing Growth & Climate: Aiming for massive electricity growth (from 17 GW to 59 GW by 2050) while reducing climate impact through efficiency and clean fuels.

Energy Security: Reducing reliance on depleting indigenous gas by diversifying fuels and improving LNG supply.

Renewables & Efficiency: Increasing renewable energy (20% by 2030 target), integrating battery storage, promoting energy efficiency standards (like for buildings), and using solar power.

Phase I (2026-2030) Priorities:

Gas & LNG: Offshore exploration, boosting domestic production, ensuring LNG supply.

Infrastructure: Expanding refinery and strategic energy storage capacity.

New Fuels: Developing hydrogen and ammonia infrastructure, exploring geothermal, tidal, and wave energy.

Governance: Creating an independent research institute for power and energy policy.

Challenges & Considerations:

Import Dependency: Heavy reliance on imported fossil fuels (LNG, coal) exposes Bangladesh to price volatility.

Financing: Securing diverse, low-cost financing for massive investments.

Fossil Fuel Transition: Doubts exist about the feasibility and cost-effectiveness of CCS and ammonia co-firing.

Overestimation: Some analysts suggest past models overestimated demand, risking over-investment.

Overall Direction:

Bangladesh is shifting from past fragmented plans towards a comprehensive strategy, driven by rapid economic growth and climate commitments, emphasizing cleaner energy, but facing significant investment and technological hurdles.

Would be good to see a copy of the Master Plan.

But does sound positive 🤔