News
Nuclear energy helped prevent 72 bn tonnes CO2 emissions since 1970

Nuclear reactors worldwide have helped avoid the emission of 72 billion tonnes of carbon dioxide since 1970, compared to coal-fired electricity generation, according to a new report.
Nuclear reactors generated a total of 2,553 terawatt-hour (TWh) in 2020, down from 2,657 TWh in 2019, showed the report released days ahead of the 26th Conference of Parties (CoP26) To the United Nations Framework Convention on Climate Change.
Reduced electricity demand resulting from the novel coronavirus disease (COVID-19) pandemic saw generators curtail output in response, the World Nuclear Performance Report 2021 stated.
In 2020, power generation declined in Africa, North America and in West and Central Europe. Generation rose in Asia, although by a much smaller amount than in recent years. Generation was almost unchanged in East Europe and Russia and South America, the report said.
In 2020, the end of year capacity of operable nuclear power plants was 392 Gigawatt electrical (GWe).
In most years, a small number of operable reactors do not generate electricity. At the end of 2020, there were 441 operable reactors, the report noted.
Sama Bilbao y Leon, director-general of World Nuclear Association that conducted the study, said:
More than half of the reactors permanently shut down in the last few years were not because of technical limitations but because of political phase-out policies or the failure of markets to adequately recognise the value of on-demand, low-carbon, reliable nuclear power. This is a loss of low-carbon generation that the world can ill-afford to squander.
Six reactors were permanently shut down in 2020, according to the authors of the report:
The two Fessenheim reactors were closed as a result of a political decision to reduce the share of nuclear generation in the French electricity generation mix
The two US reactors closed because of market conditions
Ringhals 1 in Sweden went offline from March 2020 for a maintenance outage and remained offline due to low electricity demand. It returned to service in June to provide grid stability.
In Russia, the Leningrad reactor closed as the second of two new reactors at the site started up to replace it.
Five reactors were connected to the grid in 2020. Two countries, Belarus and the United Arab Emirates, were hosting their first nuclear reactors. Both countries have further units under construction.
Nuclear power contributes to tackling climate change, for example, by providing 10 per cent of the world’s electricity, according to International Atomic Energy Agency. This is close to a third of the global low-carbon electricity.
Nuclear electricity generation will need to double between 2020 and 2050 if the world is to meet its net-zero ambitions, the International Energy Agency’s Net-Zero by 2050 Roadmap projected.
Business
President outlines a bold vision for Sri Lanka tourism at THASL’s 58th AGM

Addressing the 58th Annual General Meeting of The Hotels Association of Sri Lanka (THASL) held on Monday (27) at Shangri-La Hotel, Colombo, President Ranil Wickremesinghe outlined a comprehensive strategy to propel the country’s tourism sector to new heights. Focused on surpassing the target of 5 million tourists and redefining traditional approaches, the President’s vision extends to achieving 7.5 million visitors in the coming years. The President emphasized the need for innovative thinking and collaboration within the industry to ensure sustainable growth.
“When I took over the government, I realized that sustainability alone is not sufficient. How are we going to earn foreign exchange? How are we going to have a positive balance of trade? In that, there were many suggestions. But what is the low-hanging fruit? And one of the low-hanging fruits was tourism. Let’s promote tourism fully,” President Wickremesinghe declared.
The President acknowledged the need to move beyond the existing framework and embrace competition to elevate Sri Lanka’s standing in the global tourism market. Drawing parallels with countries like Vietnam, he questioned why they had more tourists despite being in the industry for a shorter period. President Wickremesinghe stressed the importance of increasing the number of tourists to 2.5 million in the upcoming year and subsequently expanding on this figure.
(PMD)
Business
Free visas for nationals of China, India, Indonesia, Russsia, Thailand, Malaysia and Japan from Monday (27)

The Controller General of Immigration and Emigration has stated that nationals of China, India, Indonesia, Russsia, Thailand, Malaysia and Japan will be granted free visas from Monday 27-11-2023 to 31-03-2024 as a pilot program to rebuild the tourism industry.
Nationals of the above nominated countries possessing, Diplomatic, Official, Public Affairs, Services and Ordinary Passports are eligible to enjoy a visa free regime under this scheme.
The above mentioned nationals should apply for Electronic Travel Authorization (ETA) before arriving in Sri Lanka subject to granting / issuing free of charge up to 31-03-2024.
Under this scheme tourists can enjoy a 30 days free visa period and a double entry facility is permitted within 30 days from the date of first arrival in Sri Lanka.
Free ETA under this scheme can be applied up to 31-03-2024.
The free ETA cannot be extended further and is limited only to thirty (30) days. In case the free ETA period of 30 days expires after 31-03-2024, an extension of visa could be applied subject to paying the appropriate fee.
Latest News
Cabinet gives green light for Colombo Port City Order No. 3 of 2023 to be presented in Parliament

The President in his capacity as the Minister of Investment Promotion has published the Colombo Port City Orders No. 3 of 2023 (Enterprises with Strategic Value – Guidelines for releasing or encouraging to award for customs – free enterprises) under the provisions of the Colombo Port City Economic Commission Act No. 11 of 2021 by the extraordinary gazette notification No. 2355/30 dated 25.10.2023.
The Cabinet of Ministers granted approval to the proposal furnished by the Hon. President in his capacity as the Minister of Investment Promotions to submit the said orders to the Parliament for its concurrence.
(PMD)
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