Electricity in Barbados in 2023

Barbados' electricity consumption in 2023 heavily leans towards fossil fuels, with more than 90% of the electricity generated through such sources. This indicates a significant reliance on fossil energy, limiting the country's contribution to reducing global carbon emissions. The share of low-carbon energy is relatively small, at just over 8%, entirely covered by solar energy. Gas constitutes a minor component of the electricity mix, comprising nearly 3%. The current state underscores an urgent need for a transition towards more sustainable energy sources to address the environmental and climate-related challenges linked to fossil fuel reliance.

Suggestions

Barbados stands to benefit significantly from examples laid out by other countries that have effectively transitioned to low-carbon electricity sources. Learning from nations like Uruguay and Ireland, which generate over a quarter of their electricity through wind, could offer insights into effectively harnessing the island's wind potential. Similarly, Cyprus and Greece demonstrate how to bolster solar energy with close to a fifth of their electricity originating from solar sources. Building on these examples, Barbados should strongly consider enhancing its solar capabilities while exploring opportunities for wind energy, leveraging technological advancements and policy measures that have facilitated green transitions in similarly structured economies.

History

Historically, the advancement of low-carbon electricity in Barbados has been slow, as indicated by a stagnant decade with solar energy generation showing no increase since 2014. This period of inactivity suggests a missed opportunity in participating in the global shift towards clean energy. However, it also paints a picture ripe for change as the island could capitalize on emerging technologies and international cooperation to leap forward in the development of sustainable energy systems. Reflecting on these past challenges, Barbados' path forward could be shaped by strategic planning and investment into expanding its solar infrastructure while potentially venturing into wind energy to achieve a balanced low-carbon future.

Electricity Imports and Exports

Balance of Trade

Data Sources