With its oil and gas resources as yet commercially unviable, Sri Lanka currently imports hydrocarbons to meet the growing needs of its people and industries. However, given the island’s location, industry players are now eyeing the country’s potential as an international centre for refining, storage and bunkering of petroleum products. In the...
By what means will independent power producers fulfil the target of generating electricity using only indigenous renewable sources by 2030?
Hydropower remains one of Sri Lanka’s top energy generators, and thus water has long been a key, multi-purpose component of the country’s broader utilities portfolio. This vital resource is set for tighter regulation as the country manoeuvres to meet the challenges of economic and population growth alongside climate change. Sri Lanka is also...
Hydrocarbons are a relatively recent addition to Sri Lanka’s energy mix, which has long relied on hydroelectricity for much of its power generation needs. While coal and fuel oil have taken on an increasingly larger role in recent times, the government has also announced several ambitious goals in the field of renewable energy (RE). Mini-hydro...
With strong economic growth and an expanding population, Sri Lanka faces increasing demand for cost-efficient and clean energy. Similarly, the expansion and modernisation of the country’s cities, towns and villages is also placing higher demands on water and sewerage services, with investment in these vital utilities needed for successful...
While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.
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