Final Draft of National Energy Policy for Barbados PDF Print E-mail

This Barbados National Energy Policy (BNEP) 2017-2037 Document is designed to ensure:

“Energy security and affordability through diversity and collaboration: Establishing and maintaining a sustainable energy sector for Barbados.”

The BNEP builds on efforts on previous projects and activities to establish a comprehensive policy in Barbados. The policy was developed using a collaborative approach which including several rounds of interviews and consultations throughout Barbados’ energy sector in 2016 and 2017.  The policy also benefitted from considering research and documented accounts of regional and international jurisdictions that have experienced challenges and opportunities.

The key approach used in developing BNEP was a Multi Criteria Approach, where the impacts of the policies chosen were considered from as wide raging a perspective as possible. This meant that the cross cutting nature of the sector was highlighted and issues related to finance, economics, natural environment, technology and society were considered in a consolidated manner.

BNEP as a policy that spans all the aspects of the energy sector, considers the energy industry in its broadest context. Examining aspects related to both renewable and fossil fuel based energy. However, it aims to provide a framework for moving the island from a fossil fuel based economy to one based principally on renewable energy sources. The rate at which this can be achieved still has a level of uncertainty, but there is no doubt that increased sustainability in terms of more dependence on renewable energy will be a boost to Barbados’ economic and environmental future. This BNEP provides direction for managing the transition and ensuring viability from all points of view along the way.

There is reason for optimism in Barbados’ attempts to embrace more renewable energy technology, as it builds on its reputation of being a leader in the Caribbean and the western hemisphere. The success of the solar water heating industry is a source of pride for the country, and the recent development of the local solar photovoltaic industry in Barbados is also encouraging. BNEP provides a basis for building on these successes while seeking to extend and expand the use of these and other renewable energy technologies such as wind and biofuels.

However, even as Barbados promotes development of renewable energy, there is ongoing exploration for fossil fuel resources offshore. Given the MCA, development of these resources can be reasonable if they can occur in a manner where the economic or social, benefits can compensate to a degree for any environmental degradation that may occur.

Recognising the importance of prudent use of resources in energy as a way to ensuring sustainability and a thriving economy, BNEP also highlights the importance of energy efficiency throughout the various sectors and subsectors in the industry.

Giving the foregoing, major sectors of the Energy Economy that were identified inter alia in completing BNEP were the following:

-        Oil and Gas Supply

-        Renewable Energy Supply

-        Energy Efficiency and Conservation

-        Electricity

-        Transportation

-        Environment

-        Human Resources

-        Health and Safety

-        Other Cross Sectors

-        Trade

-        Governance and Regulation

 

Download full Policy document here: icon Final Draft of National Energy Policy (3.5 MB)