Driving Power Sector Reforms for Enhanced Renewable Energy Growth and Sector Performance

Series: Serendipity Knowledge Program for Sri Lanka

Driving Power Sector Reforms for Enhanced Renewable Energy Growth and Sector Performance

30 January 2025
Colombo
Sri Lanka

The “Serendipity Knowledge Program” (SKOP) was ADB’s knowledge program dedicated to Sri Lanka, designed to respond effectively to the country’s needs. It aligned with ADB's vision as a knowledge solutions bank. SKOP sought to share knowledge on issues relevant to Sri Lanka and facilitate stakeholder discussions. The latest SKOP event focused on the reforms and financial sustainability of Sri Lanka's power sector. It aimed to contribute to the dialogue to prepare the country for higher shares of renewable energy and improve customer engagement through various renewable energy and power sector policy reforms and infrastructure projects, including grid digitalization.

The workshop featured a series of keynote speeches, roundtable discussions, interactive sessions, and networking opportunities with experts from the energy, financial, academic, and private sectors.

The key objectives of the workshop were to provide a platform for stakeholders to discuss and share best practices, challenges, and opportunities in the power sector. These objectives included learning from successful sector reforms in other economies and the role of grid digitalization, exploring long-term and modern visions for Sri Lanka's power sector, addressing the challenges and opportunities of achieving the 70% renewable energy target and discussing the role of grid digitalization and renewable energy in smart grids and cities. Stakeholders, including government officials, private sector representatives, think tanks, development partners, civil society, and ADB staff, attended the event.

Program and Learning Materials: 
Date Session / Activity Presentation Material Speaker(s)
30 Jan 2025 Setting the Scene - Starting Point for Sri Lanka’s Power System Sri Lanka: Best Practices and Lessons Learned from 100% Electrification Till Now
This presentation gives an overview of Sri Lanka's journey to achieving 100% electrification by 2016, the challenges faced in renewable energy integration...
Tilak Siyambalapitiya
30 Jan 2025 Setting the Scene - Starting Point for Sri Lanka’s Power System From Crossroads to Stabilization and Recovery: Sector Reform and the Challenge of Not Leaving Anyone Behind
This presentation gives an overview of the challenges and strategies for achieving a people-centric energy transition towards affordable and sustainable...
Udayanga Hemapala
30 Jan 2025 Successful Sector Reforms in Other Economies Common Challenges and Best International Practices in Electricity Sector Reform
This presentation gives an overview of the challenges and best practices in electricity sector reform, focusing on achieving energy transition and decarbonization...
Leigh Hancher
30 Jan 2025 Successful Sector Reforms in Other Economies Sri Lanka Electricity Reform: On Competition and Interconnections
This presentation gives an overview of the Norwegian experience with electricity market reform, focusing on competition, interconnections, and their implications...
Lars Sørgard
30 Jan 2025 Powering Progress for the Future Role of Grid Digitalization and Renewable Energy in Building Smart Grids and Smart Cities - International Best Practices
This presentation gives an overview of the role of grid digitalization and renewable energy in building smart grids, with a focus on ADB's support for...
José Aguado, Jaimes Kolantharaj
30 Jan 2025 Challenges and Opportunities of Achieving 70% RE target New Business Models for Collective Self-Consumption(CSC): Analysis of the Spanish Case
This presentation gives an overview of the challenges and opportunities of Collective Self-Consumption (CSC) in the electricity grid, focusing on business...
Asier Larretxea
30 Jan 2025 Challenges and Opportunities of Achieving 70% RE target Challenges and Opportunities of Striving RE Target in ASEAN and Thailand
This presentation gives an overview of challenges and opportunities for renewable energy development in ASEAN, particularly focusing on Thailand's transition...
Areeporn Asawinpongphan

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