Guyana compressed air solar container technology plant is operational

What will Guyana's energy use look like in 2030?

By 2030, Guyana’s energy use is projected to increase five-fold, yet greenhouse gas emissions are expected to stay flat or even decrease. This represents one of the world’s highest levels of decoupling of economic growth from fossil fuel use in energy production.

What is Guyana's Energy Transition Strategy?

LCDS 2030 sets out Guyana’s ambitious energy transition strategy – to reduce the country’s reliance on heavy fuel oil and transition to cleaner, more affordable energy sources. By 2030, Guyana’s energy use is projected to increase five-fold, yet greenhouse gas emissions are expected to stay flat or even decrease.

How will Guyana's Energy Transition impact the global economy?

This will allow miners to continue their business sustainably, and open up possibilities for the exploration of critical minerals including lithium, which is becoming increasingly important to the global economy. Guyana’s domestic energy transition continues to be one of the most ambitious in the world.

Why should Guyana modernize its electricity grid?

The modernization of Guyana’s electricity grid is a crucial component of the country’s broader efforts to transform its energy sector and support sustainable economic development.

What is Guyana's low carbon development strategy (LCDs)?

In 2009, the then-President of Guyana, Bharrat Jagdeo, launched the country’s Low Carbon Development Strategy (LCDS), which was believed to be the first such strategy from any developing country in the world.

Why does Guyana have a poor electricity grid?

Historically, Guyana’s electricity grid has struggled with inefficiencies, high operating costs, and frequent power outages, largely due to its reliance on imported heavy fuel oil for energy generation and outdated infrastructure.