The Government of Sri Lanka has set a target of generating 70 percent of its electricity from clean energy by 2030 in line with the 'Clear Vision' policy. To achieve that goal, the Ceylon Electricity Board has connected an additional 2,332 MW of solar power and 765 MW of wind power to the national grid. Efforts for this have been made by the Ceylon Electricity Board and LECO in collaboration with universities in the country for various research and development projects. The Ceylon Electricity Board has taken several initiatives with the support of the government to promote solar and wind power projects. Projects to mobilize investments for solar wind power generation and the contribution of the private sector are currently available. The Government of Sri Lanka also considers the possibility of achieving low carbon power generation in Sri Lanka through solar and wind power and the important role of providing safe and affordable electricity to the people of the country.
In a joint venture with the Ceylon Electricity Board, Ceylon Electricity Board, Sustainable Energy Authority and the Public Utilities Commission, it has already installed 32,411 rooftop solar systems in the country with a capacity of 367 MW. The 100 MW wind farm in Mannar is also connected to the National Grid.
The government has given its full support to Sri Lanka's renewable energy projects in the budget presented this week. In addition, the Ceylon Electricity Board (CEB) is making every effort to increase renewable energy generation for the most important power utilization in the country. But there are also issues related to existing tracks in renewable power generation. The Ceylon Electricity Board (CEB) carries out all consultations to meet the challenges of commercially and technically renewable electrical infrastructure. The initial challenge of introducing a new technology and planning is compelling in relation to the additional cost incurred for this modernization. The use of engineering faculties and universities in the country for research purposes is one of the most feasible.
In addition, the Ceylon Electricity Board (CEB) has initiated a number of initiatives to provide consumers with a better understanding of the use of electricity as the cost of electricity supply has an economic impact on the CEB. Carries out planning to reduce activities related to power wastage and power fraud. Although the Ceylon Electricity Board (CEB) has been experiencing the economic impact of unpaid electricity bills in the country for a long time, it is now a profitable company following the new procedures and procedures.
The economic losses in the factories in the country due to power outages should also be taken into consideration. With access to uninterrupted electricity, industry still needs plans to properly unleash their products and repair the losses and economic losses caused by them. A 2002 study estimated that the Sri Lankan industry lost $ 0.66 per kWh of fuel due to unannounced power outages and $ 1.06 kWh due to unplanned power outages. This value will increase significantly with economic growth over the past two decades. According to a 2016 study and a study, unplanned power outages for the garment industry and the chemical industry are estimated to cost $ 2 to $ 3.30 per kWh.
Therefore, in order to compensate for such losses, the generation of electricity through solar power and wind power can be connected to the national grid, leading to uninterrupted power consumption. In addition, our country has the potential to become a partner in climate change among the nations of the world as such electricity is generated using coal-free natural resources that are conducive to climate change.
In the Budget 2020, financial assistance has been submitted by the Government to promote the use of solar power to control the use of electricity in government agencies and offices.
According to a recent study, Sri Lanka is one of the most vulnerable countries to climate change. We need to start programs and its transformation right now to reduce its impact. Considering climate change, nitrogen and natural gas, clean refined petroleum products, waste, sunlight, air the country will be able to meet this challenge and mitigate the effects of climate change by mobilizing technologies that use all kinds of resources as raw materials and resources for clean energy.
Therefore, if our country is still working hand in hand with the people as a partner, we will be ready to support, lead and co-operate in the efforts of the Ceylon Electricity Board and partner organizations to achieve the Clean Energy Goal in the country to achieve a sustainable economy.
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