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Briefs: CPC to introduce Euro 4 fuels in Sri Lanka, Japan to shift to renewable energy

Briefs: CPC to introduce Euro 4 fuels in Sri Lanka, Japan to shift to renewable energy
Petroleum Resources Development Minister Arjuna Ranatunga

Ceylon Petroleum Corporation (CPC) unveiled this week Sri Lanka’s first Euro 4-compliant fuel during a ceremony at C.F. De Mel & Sons Filling Station, in the nation’s capital Colombo.

The event was graced by Petroleum Resources Development Minister Arjuna Ranatunga, CPC Managing Director Neil Jayasekara and CPC Chairman Dhammika Ranatunga.

“As a government-owned corporation, it is imperative that CPC supports the Government of Sri Lanka in transforming the energy sector by adapting to greener initiatives,” said Ranatunga.

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Japan will shift further toward renewable energy and reduce its dependence on fossil fuels and nuclear power, according to the energy plan which was approved by the Cabinet this week.

The government, which updates its energy plan approximately every three years, kept its goals the same for its mix of energy sources in fiscal 2030 but did not give specific numbers for fiscal 2050 — the year when it has to clear its specific commitment in combatting global warming. Toward 2030, the government aims to have renewables account for 22 to 24%, fossil fuels 56% and nuclear power 20 to 22% of the country’s electricity generation.

The energy plan calls for supporting the development of a sustainable market for renewables, such as solar, wind and geothermal power, and encourages the use of hydrogen.

Placing a priority on safety, Japan will reduce its dependence on nuclear power generation “as much as possible.” Much of the country’s nuclear power plants have been taken offline since the Fukushima disaster.

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