Abstract
The integration of renewable energy (RE) into the overall energy mix of Caribbean nations has been increasing
in recent times. The volatile nature of the carbon-based industry through fluctuations in prices of fossil fuel basedproducts renders it necessary to promote an aggressive energy profile transition to renewable energy, as this is crucial
to energy security in these vulnerable Small Island Developing States (SIDS). The nation of Barbados has notably
understood this reality and, as such, its government has endorsed the approach of 100% RE implementation by 2030.
This paper explores three distinctive annual growth rate (AGR) scenarios to assess the impact on the expected power
generation, economic and environmental parameters through the period of 2019-2030. Notable findings at a high case
scenario for 2030 (at an AGR of 3%) projects a power generation of 1.343 Tera-watts-hour (TWh), which will displace
790,500 barrels of oil equivalent (boe), resulting in an abatement of approximately 0.95 million tons of carbon dioxide
into the atmosphere.
in recent times. The volatile nature of the carbon-based industry through fluctuations in prices of fossil fuel basedproducts renders it necessary to promote an aggressive energy profile transition to renewable energy, as this is crucial
to energy security in these vulnerable Small Island Developing States (SIDS). The nation of Barbados has notably
understood this reality and, as such, its government has endorsed the approach of 100% RE implementation by 2030.
This paper explores three distinctive annual growth rate (AGR) scenarios to assess the impact on the expected power
generation, economic and environmental parameters through the period of 2019-2030. Notable findings at a high case
scenario for 2030 (at an AGR of 3%) projects a power generation of 1.343 Tera-watts-hour (TWh), which will displace
790,500 barrels of oil equivalent (boe), resulting in an abatement of approximately 0.95 million tons of carbon dioxide
into the atmosphere.
| Original language | English |
|---|---|
| Pages (from-to) | 11-17 |
| Number of pages | 7 |
| Journal | The West Indian Journal of Engineering |
| Volume | 44 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Jul 2021 |
| Externally published | Yes |
Keywords
- Barbados
- annual growth rate
- renewable energy
- carbon neutral
