Energy,Front Page

Govt. lists four coal, LNG power plants to jumpstart generation

Views - 300 Friday, 24 January 2020 00:00

In an attempt to jumpstart long delayed generation plans Cabinet this week approved several power plants to be fast-tracked for implementation including two 300 MW coal power plants, while also dusting off two 300 MW LNG power plants and considering

Greenpeace challenges banks over $ 1.4 trillion invested in fossil fuels since Paris Agreement

Views - 7 Friday, 24 January 2020 00:00

Davos-Klosters, Switzerland: Since the ground-breaking Paris summit on climate change in 2015, 24 global banks have invested $ 1.4 trillion in the fossil fuel industry, according to Greenpeace International Executive Director Jennifer Morgan. Greenp

Investing in clean energy: Drivers and barriers under spotlight

Views - 80 Friday, 24 January 2020 00:00

By Shailendree Wickrama Adittiya Taking a look at the drivers and barriers when investing in clean energy, the Norwegian Embassy in partnership with the Western Norway University of Applied Sciences and the University of Jaffna organised a panel dis

Australian PM dismisses ‘reckless’ calls to curb coal

Views - 20 Thursday, 2 January 2020 02:48

SYDNEY (AFP): Under-fire Australian Prime Minister Scott Morrison on Monday rejected calls for “reckless” and “job-destroying” cuts to the country’s vast coal industry in the face of a deadly climate-fuelled bushfire crisis. Morrison’s co

Oil analysts bet on modest price gains in 2020 as supply shrinks: Reuters poll

Views - 16 Thursday, 2 January 2020 02:48

Reuters: Oil prices are likely to hover around $63 a barrel next year, a Reuters poll showed on Tuesday, benefiting from deeper production cuts by OPEC and its allies, and hopes that a US-China trade deal could jumpstart economic growth. Benchmark Br

Britain’s zero-carbon power outstrips fossil fuels in 2019

Views - 21 Thursday, 2 January 2020 02:47

LONDON (Reuters): Britain, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the first time in 2019, National Grid said yesterday. Having built the world

Sri Lanka wind power development: Flawed approach by CEB

Views - 309 Thursday, 19 December 2019 00:44

A CEB tender released on 28 November called for RFPs for the establishment of 60 MW wind power plants in the capacity range of 1-10 MW on a build, own and operate basis. This approach is seriously flawed! Small scale piecemeal wind power development

CHINT Sri Lanka celebrates 10th anniversary; plans to empower Sri Lanka through Smart Energy

Views - 36 Thursday, 19 December 2019 00:38

CHINT Sri Lanka is celebrating 10 years of operations in the country and marked the occasion with a special ceremony that was held recently at the Cinnamon Grand Colombo. The event, organised by CHINT Electric Solution Ltd. and CHINT Energy Co Ltd.

REC Group unveils ground -breaking Alpha Series in Colombo exclusively for Sri Lanka market

Views - 15 Thursday, 19 December 2019 00:37

Utilising most advanced commercialised technology, heterojunction technology, the REC Alpha Series is the world’s most powerful 60-cell monocrystalline solar panel, delivering up to 380 watt-peak (Wp) and reaching an industry-leading 21.7% efficien

Litro sheds light on LPG shortage, assures consumers of continued supply

Views - 59 Wednesday, 30 October 2019 01:03

In the aftermath of the Saudi Aramco Drone attack that took place in September, there is an understandable shortage of LP gas in the market. The current status of the LPG shortage could be attributed to a number of factors. First, in September there

Sri Lanka unveils first bamboo energy forum with UNIDO backing

Views - 33 Thursday, 24 October 2019 01:19

In a first effort of its nature, the United Nations Industrial Development Organization (UNIDO) Colombo is collaboratively unveiling a Forum on Bamboo for Energy and Industrial Sustainability. The forum, organised by UNIDO in collaboration with the I

KDK ceiling fans receive SLS 1600 Energy Efficiency Labelling

Views - 51 Thursday, 24 October 2019 01:18

KDK, the professionals in IAQ (Indoor Air Quality), once again proves its leadership by being the first ceiling fan to receive the Energy Efficiency Labelling, under the Sri Lanka Standards Institution - SLS 1600 requirements. In 2007, KDK was also t

Unilever achieves 100% renewable electricity across five continents

Views - 35 Monday, 23 September 2019 12:00

Unilever last week announced that its factories, offices, R&D facilities, data centres, warehouses and distribution centres across five continents are now powered by 100% renewable grid electricity. As far as possible, Unilever’s transition to ren

Key forum on efficient energy sector for economic and investment growth on Thursday

Views - 53 Monday, 23 September 2019 00:21

The Public Utilities Commission of Sri Lanka, the regulator of electricity sector, will hold the Energy Forum 2019 – a gathering of energy sector experts, private sector and government sector white collars to discuss ‘Policy Dialogue on the Impor

Unilever achieves 100% renewable electricity across five continents

Views - 29 Monday, 23 September 2019 00:09

Unilever last week announced that its factories, offices, R&D facilities, data centres, warehouses and distribution centres across five continents are now powered by 100% renewable grid electricity. As far as possible, Unilever’s transition to ren

Sri Lanka participates at 63rd Regular Session of IAEA’s General Conference

Views - 19 Monday, 23 September 2019 00:06

State Minister of Power and Energy Chamipika Premadasa led the Sri Lanka delegation to the 63rd Regular Session of the International Atomic Energy Agency’s (IAEA) General Conference. Minister Premadasa delivered the country statement at the plenary

New IFC study details environmental, economic, health costs of fossil-fuel generators

Views - 30 Monday, 23 September 2019 00:05

Fossil fuel burning back-up generators in developing countries produce as much power as 700-1,000 coal-fired power stations, consume up to $ 50 billion in fuel costs annually, and emit dangerous chemicals into homes and businesses, according to a rep

IKEA expects to exceed renewable energy goal by year’s end

Views - 18 Monday, 23 September 2019 00:04

STOCKHOLM, (REUTERS): Ingka Group, which owns most IKEA stores, will by year’s end exceed its 2020 target to produce as much renewable energy as the energy it consumes, Ingka Chief Executive Jesper Brodin said on Thursday. Ingka Group has spent 2.5

Pakistan gives green light to five LNG terminal plans

Views - 20 Monday, 23 September 2019 00:03

ISLAMABAD (REUTERS): Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their liquefied natural gas (LNG) terminal plans, a minister told Reuters on Friday. The move comes on

External factors impact LVL Energy Fund Profit in Q1 2019/20

Views - 83 Monday, 5 August 2019 00:00

Revealing its financial performance for the first three months of the 2019/20 financial year, during the period ended 30 June 2019, the LVL Group reported a drop in revenue to Rs. 51 million from Rs. 114 million achieved during the corresponding peri

Selecting the right technology for energy independence

Views - 142 Monday, 5 August 2019 00:00

Having explored the idea of alternative energy sources to achieve energy independence in the previous article, this week we take a look at the technologies that will support our journey towards becoming self-sufficient energy consumers in the future.

Sri Lanka-Ethiopia and China discuss South-South Cooperation on renewable energy

Views - 99 Monday, 5 August 2019 00:00

A workshop to promote South-South Cooperation on Renewable Energy: Sri Lanka-Ethiopia and China, was held in Addis Ababa, Ethiopia under the patronage of United Nations Development Program (UNDP) and Ministry of Water, Irrigation and Energy of Ethiop

Panasian Power connects 4.2MW to national grid

Views - 114 Monday, 5 August 2019 00:00

Panasian Power (PAP), one of Sri Lanka’s leading green energy solutions providers, recently connected their first ground solar project to the national grid through the Soorya Bala Sangramaya scheme. The project, located in Beliatta, is spread acros

Global solar installations to reach record high this year : research

Views - 78 Wednesday, 31 July 2019 00:00

LONDON (Reuters): New solar photovoltaic (PV) installations are set to reach a record high this year, driven by improving markets in Europe and the United States and fast growth in India and Vietnam, consultancy Wood Mackenzie said on Thursday. Low a

India’s renewable energy cost lowest in Asia Pacific

Views - 56 Wednesday, 31 July 2019 00:00

Reuters: India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday. India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt hour (MWh) this year, 14% ch

India to touch renewable energy capacity of 260 GW by 2024

Views - 55 Wednesday, 31 July 2019 00:00

NEW DELHI (Reuters): India expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, a government official said on Friday, as the country sees rapid growth in renewable capacity backed by government orders, private equity an

China Belt and Road power investments surge from 2014-2019: study

Views - 66 Wednesday, 31 July 2019 00:00

SHANGHAI (Reuters): Chinese equity investment in solar, wind and coal power projects in Belt and Road countries has surged from 2014 to 2019, with planned capacity up more than tenfold compared to the previous five-year period, environmental group Gr

Oil prices rise as market eyes likely Fed rate cut

Views - 57 Wednesday, 31 July 2019 00:00

LONDON (Reuters): Oil prices rose for a fourth day yesterday on optimism the US Federal Reserve will this week cut interest rates for the first time in more than 10 years, supporting fuel consumption in the world’s biggest oil user. Brent crude ro

Today's Columnists

Forensic Audits part of bond scam cover-up

Saturday, 25 January 2020

From the time the bond scam was carried out by the Ranil Wickremesinghe administration, that administration under the guidance of the former Prime Minister had been avoiding the law by regularly bringing up various distractions so that the true natur

Halting mega projects is untimely; Govt. can explore other options

Friday, 24 January 2020

In a Sunday newspaper on 5 January a news item titled ‘Mega projects on hold until August budget,’ ‘Drop in revenue after tax reductions prevents spending on major constructions,’ was not a development-friendly headline. It may be accurate o

Is any further expenditure on the Port City a waste of money?

Friday, 24 January 2020

Erase from the mind all that you have read and heard about it. Then take a blank piece of paper, draw an irregular circle, and draw a line to divide it into two. On the bottom half write 300 acres. That is our Port City! To get the size into a proper

Foundations of incivility

Friday, 24 January 2020

The lack of advanced political consciousness and democratic discipline can be considered as one of the main reasons for the crisis and the failure that Sri Lanka is facing. This can be considered a situation that has prevailed since independence. Sri

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