Electricity in Guyana in 2022

In 2022, the electricity consumption landscape in Guyana was heavily dominated by fossil fuels, making up approximately 98% of the total electricity generated. Low-carbon energy sources accounted for a mere 1.75%, with a small share primarily coming from gas. This data highlights a significant reliance on fossil fuels, which contribute to climate change and air pollution, and an underutilization of clean energy sources like nuclear, wind, and solar. Such a heavy dependency on fossil fuels poses environmental challenges and hinders sustainable growth.

Suggestions

To increase low-carbon electricity generation, Guyana can look to successful examples from various countries, particularly in nuclear and wind energy. France generates an impressive two-thirds of its electricity from nuclear power, showcasing its potential for reliable, large-scale clean energy. Similarly, Uruguay has made strides with wind energy, obtaining over a third of its electricity from this source, which could be promising for Guyana given its geographic and climatic conditions. These countries demonstrate that a strategic focus on building nuclear plants and wind farms can dramatically shift the energy mix towards sustainability. By investing in these technologies, Guyana can reduce its carbon footprint and ensure a more secure and clean energy future.

History

Historically, Guyana's efforts in low-carbon electricity generation have been minimal, as evidenced by the consistent zero output from biofuels from 2000 to 2016. A slight change occurred in 2017 when solar energy started to be considered, yet there was no significant increase in solar electricity generation through to 2020. This stagnant progression underscores the need for a robust pivot towards substantial investments in low-carbon technologies like nuclear, wind, and solar to drive meaningful change and to shift away from an overwhelming dependency on fossil fuels. With strategic planning and international cooperation, these advancements are not only possible but imperative for a sustainable future.

Electricity Imports and Exports

Balance of Trade

Data Sources