hon senior minister for scientific affairs prof. tissa vitarana: reduce electricity tariff, ensure...

4
Reduce Electricity Tariff Ensure Uninterrupted Power Supply Hon Minister (Senior) Prof Tissa Vitarana

Upload: costi2014

Post on 03-Aug-2015

26 views

Category:

Economy & Finance


0 download

TRANSCRIPT

Page 1: Hon Senior Minister for Scientific Affairs Prof. Tissa Vitarana: Reduce electricity tariff, Ensure Uninterrupted Power Supply

Reduce Electricity TariffEnsure Uninterrupted Power Supply

Hon Minister (Senior) Prof Tissa Vitarana

Page 2: Hon Senior Minister for Scientific Affairs Prof. Tissa Vitarana: Reduce electricity tariff, Ensure Uninterrupted Power Supply

Electricity Supply and Demand

• No immediate problem with availability of supply (2100 MW max demand, 3900 MW available)

• Two basic criteriaenergy supply is more than adequate for our needsthat it is affordable for the consumers

Page 3: Hon Senior Minister for Scientific Affairs Prof. Tissa Vitarana: Reduce electricity tariff, Ensure Uninterrupted Power Supply

Sustainable Power Generation in a cost effective maner

• Affordability – critical look at all contracts in place incl. Sampur

• National Energy Conservation Drive• Independent high level technical analysis of 3-

coal power project• Low / unsatisfactory power plant factor – • Tariff- responsible tariff policy• Retention of skilled personnel

Page 4: Hon Senior Minister for Scientific Affairs Prof. Tissa Vitarana: Reduce electricity tariff, Ensure Uninterrupted Power Supply

Sustainable Power Generation in a cost effective maner (contd.)

• Increase the efficiency (ie network losses) • Increase the renewable energy contribution to the

grid• Moving towards a cost reflective pricing strategy• Building sectoral capabilities (eg wind)• Promote research and development• Initiate KPI’s for power sector performance• Bioenergy – introducing biofuels • Smart grid – digitisation of the power grid