In pursuit of greater energy security, Sri Lankan policymakers have signed three major liquefied natural gas (LNG) deals with the governments of China, India and Japan. Expected to add 1400 MW to installed capacity, the transnational agreements will play a key role in mitigating unreliability in hydropower supply while bolstering foreign...
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
What can the Least Cost Long-Term Generation Expansion Plan (LCLTGEP) do to improve energy independence and balance public and private spending?
The energy sector has made noteworthy progress in a number of respects in recent years. Despite political turbulence in Sri Lanka, key strategic measures were enacted...
Sri Lanka’s progress with free trade agreements, finance reforms, and growth strategies for manufacturing and ICT should encourage increased foreign direct investment. Sri Lanka was named the top travel destination for 2019, and the government’s 2025 development strategy aims to increase public-private partnerships, nurture innovation and increase investment in special economic zones.
The private sector is accelerating efforts to meet rising energy demand in the Philippines, with liquefied natural gas (LNG) import and processing capacity being fast-tracked as domestic supplies dwindle.
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