In 2021, the Faroe Islands were heavily reliant on fossil fuels, with 62% of their electricity consumption derived from such sources. Low-carbon energy accounted for the remaining 38%, composed primarily of hydropower (26%) and wind (12%). As an autonomous territory, Faroe Islands are self-sufficient in electricity production, with no import or export of electricity to or from other regions or countries.
Given the success of hydropower and wind energy in their low-carbon portfolio, Faroe Islands could aim to further expand their wind energy facilities. Lessons could be drawn from similar countries like Denmark and Ireland, where wind energy contributes to 52% and 33% of their electricity generation, respectively. Expanding wind power could greatly reduce the dependence on fossil fuels. Additionally, Faroe Islands could explore the potential of nuclear energy, as demonstrated by France, Ukraine, and Slovakia, where nuclear power makes up over half of their electricity generation.
The history of low-carbon electricity in Faroe Islands, specifically with respect to hydropower and wind, has remained relatively steady since the early 2000s. Both hydro and wind experienced no change in electricity output in the period from 2002 to 2016, indicating a period of stability in low-carbon electricity generation. However, the lack of growth indicates that there has been little to no expansion in these low-carbon technologies. For the Faroe Islands to meet future energy demands and environmental commitments, it would be beneficial to consider investing more in the development and expansion of these green energy sources.