Sri lanka fortune energy storage sector profit analysis

What is the current status of fuel wood plantations in Sri Lanka?

With no sign of new fuel wood plantations, the biomass supply chain of industrial thermal plants continued to grow. Hydro power is a key energy source used for electricity generation in Sri Lanka.

Who is involved in the energy sector in Sri Lanka?

The energy sector in Sri Lanka involves the government, private organisations, and the general public as stakeholders. The Public Utilities Commission of Sri Lanka (PUCSL) is responsible for regulatory oversight, currently with powers to monitor and regulate the electricity industry operations.

Can Sri Lanka improve energy eficiency in buildings?

Sri Lanka aims to enhance energy efficiency in buildings by securing USD 108 million in funding from the World Bank and the Green Climate Fund. The project targets HVAC and lighting improvements in aging buildings.

What is the primary energy supply of Sri Lanka?

The primary energy supply of Sri Lanka consists of biomass, petroleum, coal, major hydro, and new renewable energy.

What is the dominant transport fuel in Sri Lanka?

The transport fuel mix is dominated by auto diesel. Only a marginal share of 1.1% of the total transport diesel demand is consumed by rail transport. The demand for transport fuels has increased in 2021 compared with 2020.

What is the daily throughput of the only refinery in Sri Lanka?

CPC owns and operates the only refinery in Sri Lanka, with a daily throughput of 50,000 barrels. The demand for petroleum products has significantly increased, with the sale of all petroleum products for all sectors recording an increase from 4,335.7 kt in 2020 to 4,747.6 kt in 2021.