BY THE YEAR 2030, Barbados could see a reduction in electricity system costs by $200 million per year as well as the creation of over 5 000 green energy jobs.
According to Prime Minister Freundel Stuart, the recently-concluded Energy Road Map for the island showed that increasing the renewable energy penetration level in the electricity supply beyond the 65 per cent target was “technically feasible and economically viable”.
He made the disclosure while delivering the feature address yesterday at the inaugural two-day European Union-CARIFORUM Sustainable Energy Conference and the signing of the joint declaration at the Lloyd Erskine Sandiford Centre.
Stuart said the report showed that the country could achieve such a target of 76 per cent by 2030. (SA/BGIS)
Please read the full story in today’s Daily Nation, or in the eNATION edition.
