يحاول ذهب - حر
Imported sustainability: Rethinking Sri Lanka’s paradoxical wind energy ambitions
August 16, 2025
|Daily FT
I seriously doubt Sri Lanka has ever missed embracing any “lofty international goal” in its policy documents. The energy policies are no exception. The Sri Lanka National Energy Policy and Strategies of 2019 might be the most internationally aligned energy policy the country has ever had, endorsing the United Nations Sustainable Development Goals (SDGs) and Carbon Neutrality by 2050.
This nicely written document aims to ensure clean and affordable energy, specifically following Goal 7 of the SDGs. Moreover, it claims to be founded on 10 pillars to achieve a balance in the so-called Energy Trilemma: energy security, environmental sustainability, and energy equity. I do not think anyone could imagine any missing aspect within those 10 pillars for achieving this delicate balance. And of course, the policy document lays out its implementation strategies and the results delivery framework brilliantly, and again, it is hard to imagine if anyone could spot a gap there.
Complying with the aforementioned document, the Ceylon Electricity Board (CEB), as the premier electricity utility in the country, recently introduced its Long-Term Generation Expansion Plan for the period 2025-2044. This plan has been routinely prepared by the CEB every two years, covering a 20-year horizon. Keeping Carbon Neutrality by 2050 as the prime target, the report proposes the “aggressive development” of the renewable energy sector. According to the report, approximately 2.6 GW of wind power and nearly 9 GW of solar power will be added to the grid to maintain a 70% renewable energy share in meeting demand by 2044. This addition is undoubtedly both highly ambitious and unprecedented. As part of the Energy Policy, this “extraordinary move” certainly demonstrates our strong commitment to align with international goals.
The dilemma in the trilemma:
Concerning the balance
هذه القصة من طبعة August 16, 2025 من Daily FT.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Daily FT
Daily FT
IEPSL and Nepal Institute launch Climate Finance Training Program
Nepal-Sri Lanka collaboration strengthens sustainable banking and environmental professionalism
2 mins
May 22, 2026
Daily FT
Correspondent banking and AML failures: North American and European case studies
THIS is yet another, under the theme “Learning from the Lessons of other Jurisdictions.\"
10 mins
May 22, 2026
Daily FT
The Republic is 54: Towards a third, “system-changing” Republican Constitution
SRI Lanka’s constitutional journey remains marked by unresolved dilemmas: entrenched executive dominance, fragile fundamental rights, unfulfilled reform promises, and the persistent national question.
7 mins
May 22, 2026
Daily FT
Govt. reiterates commitment to reforms ahead of $700 m IMF tranche
Deputy Finance and Planning Minister Dr. Anil Jayantha Fernando stresses foreign exchange position will be strengthened with healthy inflows expected; Remains committed to fiscal reforms, targets to achieve 2032 debt-toGDP goal by end-2026
2 mins
May 22, 2026
Daily FT
Abuse of child by Thero: Collective statement calls for impartial investigation and justice
THE case concerning the serious abuse allegations against Atamasthanadhipathi Pallegama Hemarathana Thero is scheduled to be heard again today (22).
4 mins
May 22, 2026
Daily FT
Banks, frauds and stakeholders
DRIVEN by my passion as a former banker with 24 years of local and global banking exposure and deeply concerned by the recent frauds in the Sri Lankan banking sector, I was compelled to write this article under ‘‘My View’’ to elaborate on the causes of such frauds.
6 mins
May 22, 2026
Daily FT
Sajith asks Govt. to use ‘demonstrated reforms credibility’ to negotiate another IMF program
OPPOSITION Leader Sajith Premadasa has urged the National People’s Power (NPP) Government to use its ‘demonstrated reforms credibility’ to negotiate another bail-out package with the International Monetary Fund (IMF), amid growing concerns on the Middle East war’s impact on the economy.
3 mins
May 22, 2026
Daily FT
Govt. rules out vehicle import ban, rejects claims of surge in LCs
Deputy Finance Minister Dr. Anil Jayantha Fernando says only 1,782 vehicles covered by LCs opened on 15 May; Daily LC values decline from $23.71 m to $ 14.98 m within four days; Govt. accuses Opposition of spreading misleading figures and market panic
1 mins
May 22, 2026
Daily FT
IMF signals confidence in Sri Lanka’s ability to manage external shocks
INTERNATIONAL Monetary Fund (IMF) Mission Chief for Sri Lanka Evan Papageorgiou yesterday signalled confidence in Sri Lanka’s ability to manage the economic pressures arising from the Middle East war, saying the country’s stronger policy framework, improved reserves, and ongoing reform program had placed the economy in a better position to absorb external shocks than in the past.
1 min
May 22, 2026
Daily FT
SL reaffirms commitment to sustainability at International Tea Day conference in China
Plantations and Community Infrastructure Minister Samantha Vidyaratne says future of tea industry must be built on economic growth, social responsibility, environmental sustainability and empowerment of teagrowing communities; Highlights Ceylon Tea continues to represent quality, trust, and reliability globally over 150 years; Describes tea as a form of \"soft diplomacy\" capable of building stronger ties between nations
3 mins
May 22, 2026
Listen
Translate
Change font size

