Is Jamaica s industrial energy storage brand good

Is Jamaica a good place to invest in energy?

Jamaica’s Energy Sector currently provides good opportu-nities for interested investors. Select opportunities exist in renewable fuels, electricity generation from renewable sources, electricity generation from conventional fuels, electricity grid management, including energy storage and also energy eficiency and conservation programmes.

What is happening in Jamaica's energy sector?

Jamaica’s energy sector is dominated by relatively old and ineficient infrastructure that are now being prioritized for modernization and or replacement. Aged electricity generating plants and hydro skimming refinery technology are scheduled to be replaced and or upgraded respectively.

What are the different types of energy opportunities in Jamaica?

Select opportunities exist in renewable fuels, electricity generation from renewable sources, electricity generation from conventional fuels, electricity grid management, including energy storage and also energy eficiency and conservation programmes. The following are frequently asked questions concerning Jamaica’s energy sector.

Where can I find information about the electricity sector in Jamaica?

The National Energy Policy 2009-2030, the Electricity Act 2015, the Petroleum (Quality Control) Act 1990 and the Jamaica Public Service Company Limited - Electricity Licence 2016 provide guidance to investors on the electricity sector. You may obtain further information on these documents at following link:

Who is the largest electricity supplier in Jamaica?

The JPSCO is the largest supplier of electricity to the grid. The company is 80% privatized (20% owned by the Gov-ernment of Jamaica). The other suppliers are: 4How much generation capacity exists and what does the Jamaican economy consume? 5How much power is the government seeking to add to the grid from renewable energy?

Is coal an option for electricity generation in Jamaica?

Yes, coal, a relatively cheap form of energy is included in the National Energy Policy as an option for electricity generation in Jamaica. Cognizant of the additional cost with associated externalities, strict environmental guidelines will accompany coal fired generation projects, if approvals were to be given.