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Sri Lanka's present fuel inventories, according to authorities at the Ceylon Electricity Board, will last until Tuesday morning, which is less than 24 hours away.

Officials are scheduled to meet tomorrow in what appears to be a last-minute effort to examine fuel procurement strategies to ensure an uninterrupted electricity supply.

Speaking to WION, Minister of Energy Udaya Gammanpila said if the Ceylon Electricity Board needs fuel continuously, it must provide US dollars to the Ceylon Petroleum Corporation.

Minister Gammanpila stated that, in light of the country's current dollar problem, the CPC is having major challenges earning $400 million every month in order to secure an appropriate supply of fuel stocks for transportation and other businesses.

He said the Ministry of Energy informed the CEB three months ago that if they require fuel for power generation, they should inform them in advance.

However, according to the Energy Minister, the CEB informed the CPC on the 11th of January that they required diesel from the 13th of January.

Minister Gammanpila said the CPC does not possess additional stocks of diesel to supply at such short notice.

The Minister said if the CEB provides dollars, the Ministry of Energy is prepared to import and supply the required stocks of fuel for power generation.

(With inputs from agencies)

Sri Lanka's present fuel inventories, according to authorities at the Ceylon Electricity Board, will last until Tuesday morning, which is less than 24 hours away.

Sri Lanka's present fuel inventories, according to authorities at the Ceylon Electricity Board, will last until Tuesday morning, which is less than 24 hours away. Officials are scheduled to meet tomorrow in what appears to be a last-minute effort to examine fuel procurement strategies to ensure an uninterrupted electricity supply. Speaking to WION, Minister of Energy Udaya Gammanpila said if the Ceylon Electricity Board needs fuel continuously, it must provide US dollars to the Ceylon Petroleum Corporation. Minister Gammanpila stated that, in light of the country's current dollar problem, the CPC is having major challenges earning $400 million every month in order to secure an appropriate supply of fuel stocks for transportation and other businesses. He said the Ministry of Energy informed the CEB three months ago that if they require fuel for power generation, they should inform them in advance. However, according to the Energy Minister, the CEB informed the CPC on the 11th of January that they required diesel from the 13th of January. Minister Gammanpila said the CPC does not possess additional stocks of diesel to supply at such short notice. The Minister said if the CEB provides dollars, the Ministry of Energy is prepared to import and supply the required stocks of fuel for power generation. (With inputs from agencies)

Exclusive: As Sri Lanka set to run out of power in 24 hours, minister says ready to import fuel

A rebound in the global economy could propel coal demand to an all-time high in 2022, according to the International Energy Agency.

According to a report by the watchdog, coal-based electricity production has risen by 9 per cent this year as fossil fuel demand soared during the recovery from Covid lockdowns.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/by-2030-india-will-be-able-to-meet-its-electricity-needs-through-renewable-energy-study-435877">By 2030, India will be able to meet its electricity needs through renewable energy: Study</a>

The pandemic caused coal power to decrease by 4 per cent in 2020, but the IEA data shows that demand for electricity this year outpaced the growth of low-carbon sources, so many wealthy countries remain dependent on fossil fuels.

Global gas supply shortages, which have driven prices up worldwide to record levels, have affected coal demand as well, according to the IEA report.

Overall, global coal demand, including cement and steel production, rose by 6 per cent this year.

Even though the total is below the demand for fuel seen in 2013 and 2014, the IEA warned that without policy intervention, it could surpass those levels next year.

Watch |&nbsp;COP26 climate summit | Can coal by phased-out completely?

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/cop26-climate-summit-can-coal-by-phased-out-completely-429604/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

IEA executive director Fatih Birol noted that coal is the single largest source of global carbon emissions and that this year's record coal power generation is an indication of how far off track the global effort to reduce carbon emissions has gone.

Unless governments act quickly to tackle coal emissions – in ways that are fair, affordable, and secure for those affected – we have little chance of limiting global warming to 1.5C, she added.

This report comes in the wake of the COP26 climate talks, which ended in a bitter disagreement over the pledge to abandon coal. After last-minute intervention from India, China the pact's language was changed from "phasing out" to "phasing down".

Also read |&nbsp;<a href="https://www.wionews.com/world/cop26-china-defends-move-on-joining-india-to-phase-down-instead-of-phase-out-coal-429670">COP26: China defends move on joining India to ‘phase down’ instead of ‘phase out’ coal</a>

Following the climate talks, COP26 president Alok Sharma said&nbsp;that India and China would have to explain themselves to poor nations after watering down the Glasgow agreement adding that he was deeply frustrated by their actions.

India's coal-fired electricity production is expected to increase by 12 per cent this year, according to the IEA report, while China's coal power is expected to grow by 9 per cent despite a recent slowdown.&nbsp;

The IEA says this would be the highest level seen in either country, despite an impressive rollout of solar and wind power projects.

&nbsp;

A rebound in the global economy could propel coal demand to an all-time high in 2022, according to the International Energy Agency. According to a report by the watchdog, coal-based electricity production has risen by 9 per cent this year as fossil fuel demand soared during the recovery from Covid lockdowns.

A rebound in the global economy could propel coal demand to an all-time high in 2022, according to the International Energy Agency. According to a report by the watchdog, coal-based electricity production has risen by 9 per cent this year as fossil fuel demand soared during the recovery from Covid lockdowns. Also read | By 2030, India will be able to meet its electricity needs through renewable energy: Study The pandemic caused coal power to decrease by 4 per cent in 2020, but the IEA data shows that demand for electricity this year outpaced the growth of low-carbon sources, so many wealthy countries remain dependent on fossil fuels. Global gas supply shortages, which have driven prices up worldwide to record levels, have affected coal demand as well, according to the IEA report. Overall, global coal demand, including cement and steel production, rose by 6 per cent this year. Even though the total is below the demand for fuel seen in 2013 and 2014, the IEA warned that without policy intervention, it could surpass those levels next year. Watch | COP26 climate summit | Can coal by phased-out completely? IEA executive director Fatih Birol noted that coal is the single largest source of global carbon emissions and that this year's record coal power generation is an indication of how far off track the global effort to reduce carbon emissions has gone. Unless governments act quickly to tackle coal emissions – in ways that are fair, affordable, and secure for those affected – we have little chance of limiting global warming to 1.5C, she added. This report comes in the wake of the COP26 climate talks, which ended in a bitter disagreement over the pledge to abandon coal. After last-minute intervention from India, China the pact's language was changed from "phasing out" to "phasing down". Also read | COP26: China defends move on joining India to ‘phase down’ instead of ‘phase out’ coal Following the climate talks, COP26 president Alok Sharma said that India and China would have to explain themselves to poor nations after watering down the Glasgow agreement adding that he was deeply frustrated by their actions. India's coal-fired electricity production is expected to increase by 12 per cent this year, according to the IEA report, while China's coal power is expected to grow by 9 per cent despite a recent slowdown. The IEA says this would be the highest level seen in either country, despite an impressive rollout of solar and wind power projects.

Coal demand can rise to an all-time high in 2022: IEA

The United Kingdom will phase out coal-fired power by October 2024, a year ahead of schedule, as part of a campaign to encourage other countries to raise their climate ambitions ahead of a global warming summit it will host in November.&nbsp;

British Energy and Climate Change Minister Anne-Marie Trevelyan made this announcement on Wednesday (June 30).

“Coal powered the industrial revolution 200 years ago, but now is the time for radical action to completely eliminate this dirty fuel from our energy system,” Anne-Marie Trevelyan said in a statement.

The move is part of the British government's ambitious plan to transition away from fossil fuels and decarbonise the power sector by 2050 in order to reduce climate change contributions.&nbsp;

This decision pushes the deadline for phasing out coal from the UK's energy system forward by a year, highlighting the UK's leadership in reducing emissions and leading by example in combating climate change ahead of hosting the United Nations Climate Change Conference (COP26) summit in Glasgow this November.&nbsp;

According to the UK Department for Business, Energy and Industrial Strategy, coal accounted for only 1.8 per cent of the UK's electricity mix last year, with renewable such as wind and solar accounting for around 43 per cent.&nbsp;

The United Kingdom has come a long way since the 1950s when a heavy layer of coal-fuelled smog blanketed London. Coal accounted for about 40% of the country's electricity generation just a decade ago.

(With inputs from agencies)

The United Kingdom will phase out coal-fired power by October 2024, a year ahead of schedule, as part of a campaign to encourage other countries to raise their climate ambitions ahead of a global warming summit it will host in November.

The United Kingdom will phase out coal-fired power by October 2024, a year ahead of schedule, as part of a campaign to encourage other countries to raise their climate ambitions ahead of a global warming summit it will host in November. British Energy and Climate Change Minister Anne-Marie Trevelyan made this announcement on Wednesday (June 30). “Coal powered the industrial revolution 200 years ago, but now is the time for radical action to completely eliminate this dirty fuel from our energy system,” Anne-Marie Trevelyan said in a statement. The move is part of the British government's ambitious plan to transition away from fossil fuels and decarbonise the power sector by 2050 in order to reduce climate change contributions. This decision pushes the deadline for phasing out coal from the UK's energy system forward by a year, highlighting the UK's leadership in reducing emissions and leading by example in combating climate change ahead of hosting the United Nations Climate Change Conference (COP26) summit in Glasgow this November. According to the UK Department for Business, Energy and Industrial Strategy, coal accounted for only 1.8 per cent of the UK's electricity mix last year, with renewable such as wind and solar accounting for around 43 per cent. The United Kingdom has come a long way since the 1950s when a heavy layer of coal-fuelled smog blanketed London. Coal accounted for about 40% of the country's electricity generation just a decade ago. (With inputs from agencies)

Britain to stop using coal-fired power in just three years

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