Will Grenada become a major energy hub?

Grenada Signs Oil And Gas Agreement Grenada is set to become a major energy hub as Nigerian oil and gas company, Oceangate Oil and Gas Engineering, has secured a historic multi-billion dollar deal with Global Petroleum Group, to launch one of the Caribbean’s largest oil and gas ventures.

Where does Grenada get its energy from?

[español] • [português] Grenada derives almost all of its energy from imported hydrocarbons. In 2020, non-renewables accounted for roughly 98% of installed capacity and electricity generation, with solar energy making up the difference.

Who is responsible for energy projects in Grenada?

The MOID ( Ministry of Infrastructure Development, Public Utilities, Energy, Transport, and Implementation) is responsible for energy programs in Grenada. MOID handles the majority of permitting related to energy projects.

Does Grenada have a wind farm?

Grenada has had success with implementing energy effi-ciency and renewable energy projects. To date, GRENLEC has assessed five sites on the main island and two on Carriacou for wind farm feasibility. A wind-die-sel hybrid has been discussed for Petite Martinique, but its development is on hold.

Who owns the electricity in Grenada?

Utility investors: 50% with U.S.-based WRB Enterprises; the public holds 25%; and the government, its employees, and the National Insurance Scheme Grenada hold the remaining 25%. Nearly 99% of electricity is sourced from diesel fuel. The utility maintains an installed capacity of 48.6 MW spread across the three islands.

How much electricity does Grenada use?

In 2020, Grenada produced 223 GWh of electricity, relying mainly on fossil fuels (98.12%), with a small contribution from solar energy (1.88%). In 2018, peak demand was 33.2 MW. In 2016, Grenada consumed 185.1 million kWh of electricity. As of 2018, 95.3% of the population had access to electricity.