Jamaica moves 74 places up on Global Energy Index
Jamaica has moved 74 places up on the World Economic Forum’s Global Energy Architecture Performance Index for 2017, going from 166 to 92.
The report analyses countries’ transition towards more affordable, secure and sustainable energy systems.
Speaking at the ground-breaking ceremony for the construction of a US$330-million 190-megawatt (MW) power plant, dubbed the Renaissance Project, at Old Harbour Bay in St Catherine, last Friday, Prime Minister Andrew Holness said the improved ranking places Jamaica among the 127 countries making significant strides in energy sector performance since 2009.
Holness said the Government continues to take steps to increase and diversify the ratio of renewable options incorporated into Jamaica’s energy mix as part of the undertaking to drive greater economic growth.
"For our economy to grow we have to be not just energy-sufficient, but energy efficient," he said.
In the furtherance of that goal, he said, the Government is mindful of the environmental implications of energy development and is working to ensure that the choices made are in harmony with the environment.
Meanwhile, Holness called for increased investment in the sector, indicating a desire to see greater utilisation of liquefied natural gas, hydropower, as well as solar and wind energy. He said Government was conducting an analysis of Jamaica’s energy demands to chart a course for increased utilisation of renewables.
"I am hoping that when that is complete we will have a better road map of actually how much renewable energy we can incorporate into our energy mix," he said.
The Renaissance Project, which will significantly underpin the Administration’s thrust for fuel diversification in Jamaica, will see 292 MW of obsolete power-generating equipment at Old Harbour Bay being replaced with new, efficient, natural gas-fired-generating capacity.
The new facility, being built at the old Jamaica Public Service Company power plant, will utilise technology that facilitates renewable energy integration.
The project aims to assist in reducing Jamaica’s dependence on oil, and provide cleaner energy for the country.