Sri Lanka power demand slowing: expert

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

Aug 16, 2008 (LBO) – Sri Lanka faces no immediate threat of blackouts with growth in demand for electricity slowing down as industries grapple with the highest power costs in Asia, an energy expert said. “The slowdown in demand for electricity is coming mainly from industry. Last year industry reported zero growth in electricity consumption.”

The possible cause for zero electricity demand growth from industry last year could be that some industries shut down, some were running at reduced capacity and some adopted energy efficiency measures, Siyambalapitiya said.

He noted that there was no expansion in energy intensive industries like ceramics and cement, except for a small increase in ceramic output and some grinding capacity in cement manufacture.

Other energy intensive industries included rubber, plastics and glass.

Siyambalapitiya said that with two power plants under construction and another under negotiation with India, the island did not face any immediate threat of power cuts, unlike elsewhere in the region.

“We do have the capacity to meet demand for electricity in the country and there is no immediate threat of power cuts. Of course, there are critical periods, especi