ECONOMYNEXT – Sri Lanka will mandate a 70 percent renewable energy share by 2030 forcing state-run Ceylon Electricity Board to prepare a long term generation plan to that effect, renewable energy minister Duminda Dissanayake said.
“We have decided to produce 70 percent of the electricity from renewable energy by 2030,” State Minister for Renewable Energy Duminda Dissanayake told parliament.
“The balance 30 percent will be from other sources. After 2030 the balance will also be from renewable sources and we will go to 100 percent.”
“The first thing we have to do is for the Honorable (Cabinet) Minister to gazette the 70 percent for the CEB to make their long term generation expansion plan (LTGEP).”
The Sustainable Energy Authority has prepared a plan on how to go to 70 percent renewable energy by 2030 and given it to the minister.
“I think the gazette will be issued in a short time by the minister,” Minister Dissanayake said. “When the gazette is issued the CEB can officially make the generation plan.”
Sri Lanka’s agriculture sector is now in turmoil after agro-chemicals and fertilizer imports were banned without a green paper, white paper, public consultation or other policy making process being undertaken.
This week the gazette was relaxed after policymakers are realized that the gazette will kill the hydroponics and floriculture and other niche hi-tech agriculture in the country.
Engineers at the CEB says the draft plan is to go for 53 percent renewable energy by 2030 and liquefied natural gas would provide ‘clean energy’ which was the word mentioned in the manifesto of President Gotabaya Rajapaksa.
The 53 percent share is equal to present-day Germany, which has among the most expensive power in Europe, the CEB Engineers Union said.
After pushing up costs, there will be complaints that the country cannot compete with East Asia and Bangladesh in exports markets, they said.
Various special interest groups have undermined the long term general plan of the CEB pushing expensive plants in to the system, creating energy crises in the country, critics say. (Colombo/Aug06/2021)