Energy security is the association between national security and the availability of natural resources for energy consumption. Access to cheap energy has become essential to the functioning of modern economies nowadays.
Energy security is the association between national security and the availability of natural resources for energy consumption. Access to cheap energy has become essential to the functioning of modern economies nowadays.
The IEA defines energy security as the uninterrupted availability of energy sources at an affordable price. Energy security has many aspects: long-term energy security mainly deals with timely investments to supply energy in line with economic developments and environmental needs. On the other hand, short-term energy security focuses on the ability of the energy system to react promptly to sudden changes in the supply-demand balance.
The long-term solution for the energy security is the timely implementation of the Long-Term Generation Expansion Plan.
The energy security in Sri Lanka is one of our major concerns. Analyzing the situation PUCSL develop two kinds of reports related to energy security reports