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Electricity in Faroe Islands in 2021

Global Ranking: #31
38.1% #90 Low-carbon electricity
906.08 watts #27 Generation / person
413.07 gCO2eq/kWh #98 Carbon Intensity

In 2021, more than half of the electricity consumption in the Faroe Islands came from fossil fuels, accounting for 61.9% of the total. However, low-carbon energy sources made a significant contribution, supplying 38.1% of the electricity consumed. Hydroelectric power represented the majority of the low-carbon energy sources, generating more than two-thirds of the low-carbon electricity or 26.19% of total electricity consumption. Wind energy followed, providing close to a third of the low-carbon electricity, or 11.9% of total.

Suggestions

The Faroe Islands could increase their low-carbon electricity generation by expanding their existing wind energy capabilities. As these technologies already make a substantial contribution to the country's electricity supply, their further development and enhancement would likely increase their effectiveness. Looking at international examples can also provide helpful lessons. Taking Denmark as a case in point, wind energy accounts for almost 60% of the nation's electricity. Given that both countries have similar geographical and climatic conditions, focusing on the expansion and optimization of wind energy infrastructure could significantly increase low-carbon electricity generation in the Faroe Islands.

History

The history of low-carbon electricity in the Faroe Islands has been largely stable, albeit without notable increases in generation capacity. From 2002 onwards, hydro and wind energy remained static in terms of electricity generation compared to the previous year. Throughout the early and mid-2000s, both hydro and wind energy generation remained stable, with no discernible upward or downward trends. This depicts a status quo in the country's low-carbon electricity generation over the past two decades, suggesting the need for drastic changes in policy and infrastructure to ramp up the production of low-carbon electricity.

Electricity Imports and Exports

Balance of Trade

Data Sources

The the data source is Ember.
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