Electricity in Bermuda in 2020

During the year 2020, Bermuda's electricity consumption was completely reliant on fossil sources, constituting a 100% share in total energy utilized in Bermuda. It means that the island was wholly dependent on non-renewable energy sources, which is alarming from an environmental perspective. In the age of clean energy transition, unfortunately, Bermuda had no low-carbon or clean energy sources contributing to its electricity grid, which raises concerns about its contribution to global climate change and environmental degradation.

Suggestions

Drawing from the example of successful countries that have pivoted towards low-carbon energy sources, Bermuda can certainly do much to increase its clean electricity generation. Given its geographical location, Bermuda can learn from Denmark and Ireland which have exploited wind energy to serve more than half and over a third of their total electricity demands respectively. Being an island, Bermuda has a potential advantage in harnessing wind energy through offshore wind farms, just like Denmark and Ireland. Besides, given the advancements in nuclear technology, Bermuda can also explore nuclear energy like nations such as France and Slovakia, that meet 66% and 61% respectively of their electricity needs using nuclear power.

History

The history of low-carbon electricity in Bermuda is unfortunately non-existent. Over the years, there has been no form of low-carbon energy such as wind, solar or nuclear contributing to Bermuda's energy demand. Even in the face of global climate change and environmental concerns, Bermuda has not made notable strides toward introducing any form of sustainable, low-carbon energy in its portfolio. Unfortunately, not only does this signify the lack of diversification in Bermuda's energy mix, but it also raises it's vulnerability to the impacts of climate change and emphasizes the urgency for a transition toward green energy sources.

Electricity Imports and Exports

Balance of Trade

Data Sources