Energy Profile-Barbados

From Global Energy Monitor

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This page is part of Global Energy Monitor's Latin America Energy Portal.
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Fuel mix (fossil fuels vs renewables)

As of 2019, Barbados derived 95% of its electricity from fossil fuels, with the remaining 5% generated by solar energy.[1] Barbados aims to become the first 100% renewable energy and carbon neutral island nation by 2030 as the country moves away from a petroleum based economy via the Barbados National Energy Policy (BNEP) 2019-2030.[2]

Greenhouse gas emissions targets

Barbados aims to be carbon neutral by 2030.[3]

Government energy agencies & other key players

National energy ministry

MEWR (Ministry of Energy and Water Resources) is responsible for energy generation in Barbados

Permitting agencies

The Ministry of Environment and National Beautification oversees environmental protection through permitting.

Regulatory agencies

The Project Monitoring & Coordination Team ensures energy projects align with the BNEP 2019-2030.[2] The Ministry of Environment and National Beautification regulates the energy industry by ensuring environmental protections. The Barbados Fair Trading Commission is another regulatory entity. Mining regulation is overseen by the Geology and Mining Department.

Electric utilities

BL&P (Barbados Light & Power Company) is responsible for electrical generation and transmission.

National oil company

The BNOCL (Barbados National Oil Company Limited) is responsible for the exploration and production of hydrocarbons in Barbados.

Leading energy companies

Integrated Sustainability and Williams Solar are other key energy companies.

Energy sector employment data

As of 2020, 18.93% of Barbadians worked in the industry sector which is comprised of mining, quarrying, manufacturing, construction, electricity, gas, and water.[4]

Electricity usage

Installed capacity

As of 2020, the installed electrical capacity of Barbados was 286.6 MW.[5]

Production

In 2016, Barbados produced 1.01 billion kWh of electricity.[6]

Demand

As of 2018, peak electrical demand was 152.3 MW[5]

Consumption

2020, Source: ETI

In 2016, Barbados consumed 990 million kWh of electricity.[6]

Coal in Barbados

Barbados does not produce, consume, import or export coal.

Oil & Natural Gas in Barbados

Domestic Production

Barbados has no onshore reserves of oil or gas.[7] As of 2018, Barbados was producing 1,000 barrels per day of crude oil from offshore sites.[6] Barbados was producing 14.16 million cu m of natural gas in 2017 and had 141.6 million cu m of proven natural gas reserves as of January 2018.[6]

Consumption

Barbados consumes 11,000 barrels per day of refined petroleum products as of 2016.[6] The island consumed 19.82 million cu m of natural gas in 2017.[6]

Imports & source countries

Barbados imports no crude oil. Barbados imports 10,630 barrels per day of refined petroleum products as of 2016.[6]

Proposed new sources & projects

In 2020, MEWR issued offshore exploration licenses to BHP Petroleum.[8] In March 2021, the Ministry of Energy announced that Barbados was restarting fossil fuel exploration about a pause due to COVID-19.[9]

Transport

The Inter-Caribbean Natural Gas Pipeline was a proposed natural gas pipeline passing through Trinidad and Tobago, Barbados, Martinique, and Guadeloupe that was cancelled.

Renewable Energy in Barbados

The BNEP 2019-2030 calls for Barbados to become the first 100% renewable energy and carbon neutral island nation by 2030.[3] Ocean energy projects, including fixed and floating wind farms, are a key area for renewable energy expansion.[10] By 2023, the BNEP aims to have between a 52% increase in renewable energy.[3] The BNEP anticipates solar PV, solar thermal, wind, biofuels, and biogas will all make up the renewable energy mix by 2030.[3]

Iron & Steel in Barbados

There is no iron and steel industry in Barbados.[11]

Environmental & social impacts of energy in Barbados

The island of Barbados is greatly affected by many aspects of climate change including sea level rise and increased power of storms. Accordingly, the move towards renewable energy for the island is an attempt to mitigate some of the effects of climate change which the country is experiencing.[12] Tourism accounts for 40% of the GDP and adverse effects brought to the island by climate change severely damage the livelihoods of many. New off shore oil drilling operations are a threat to marine life and tourism.[13]

References

  1. "Panorama energético de América Latina y el Caribe 2020 (p 74)". OLADE. November 2020.
  2. 2.0 2.1 "Project Monitoring & Coordination – Energy.gov.bb". energy.gov.bb. Retrieved 2021-05-21.
  3. 3.0 3.1 3.2 3.3 "Barbados National Energy Policy 2019-2030". Ministry of Energy and Water Resources. 2019.
  4. "Barbados - employment by economic sector | Statista". Statista. Retrieved 2021-05-21.
  5. 5.0 5.1 "Barbados Energy Snapshot" (PDF). Energy Transitions Initiative. September 2020.
  6. 6.0 6.1 6.2 6.3 6.4 6.5 6.6 "Barbados - The World Factbook". www.cia.gov. Retrieved 2021-05-21.
  7. "Mining" (PDF). United Nations - Sustainable Development.
  8. Amarsys. "Barbados issues offshore exploration licences to BHP". www.energy-pedia.com. Retrieved 2021-05-21.
  9. "Search for offshore oil and gas 'soon to resume' - Barbados Today". Barbados Today. 2021-03-16. Retrieved 2021-05-21.
  10. "Ocean Energy Being Considered For Barbados – Energy.gov.bb". energy.gov.bb. Retrieved 2021-05-21.
  11. "Geology and Mining – Energy.gov.bb". energy.gov.bb. Retrieved 2021-05-21.
  12. "4 Facts About Renewable Energy in Barbados | The Borgen Project". The Borgen Project. 2021-05-08. Retrieved 2021-05-24.
  13. "Barbados issues oil exploration licences - Stabroek News". Stabroek News. 2020-02-07. Retrieved 2021-05-24.