The Ministry of Energy’s five-year renewable energy development plan, “Green Energy Acceleration Plan 2025-2030”, was launched under the patronage of Prime Minister Harini Amarasuriya in Colombo on Thursday (27 Feb).
According to the Prime Minister’s Office, the plan outlines key strategies for identifying and implementing renewable energy methods and digital innovations, ensuring their efficient and environmentally sustainable use.
It also highlights the economic benefits of renewable energy and its potential to strengthen the country’s financial stability.
Prime Minister Harini Amarasuriya’s full speech at the launch event:
It is a pleasure to address you on this significant occasion of launching the Action Plan on Renewable Energy Management. We are not just here to launch this project; we are here to transform our country into an energy powerhouse for the future. The Ceylon Electricity Board and the Sri Lanka Sustainable Energy Authority have taken the lead in steering Sri Lanka towards sustainable energy solutions.
I am pleased that the Ministry of Energy has introduced a valuable five-year action plan, the Green Energy Acceleration Plan 2025-2030. This initiative will promote sustainable energy consumption, identify renewable energy sources, and provide a comprehensive understanding of energy conservation and storage methods.
The primary objective of this plan is to reduce electricity demand and lower the initial cost of electricity in Sri Lanka by identifying and promoting the use of renewable energy sources.
Our goal is to expand renewable energy production over the next five years and provide affordable electricity to all Sri Lankans. We aim to reform our energy acts in three key areas.
First, we will ensure the provision of affordable and reliable energy through renewable sources such as solar, wind, and hydropower while minimizing carbon emissions. Second, we will focus on educating the public on the significance of renewable energy and digital technologies and their role in accessing modern and reliable energy. Third, we will introduce advanced energy conversion methods to modernize the energy sector, aligning Sri Lanka with global advancements in the field.
This is not just a plan; it is a roadmap for the next five years. It encompasses various aspects, including the identification and development of energy sources, public awareness initiatives, implementation timelines, allocated funding, and necessary legal frameworks.
To ensure the success of this project, it is essential to leverage both local and international partnerships. Let us work together to meet the energy needs of all Sri Lankans using renewable energy solutions. (Newswire)