Havana Industrial Energy Saving and Storage Equipment Transformation

Does Cuba need a redesigned energy sector?

Concerns over Cuba's dependence on Venezuela are translating into the need for a fundamentally redesigned energy sector and more flexibility for investors. The pandemic has accentuated Cuba’s need to diversify and move from oil-generated energy to renewable sources of energy (RES).

How can Cuba improve energy security?

In the Int-a and Int-b scenarios, Cuba still needs to import refined fuels which are mainly required by the industrial and transport sectors. Therefore, energy security can be improved by reducing the oil subproducts demanded by these activity macro sectors (i.e. MS1 and MS7).

Why is the energy transition difficult in Cuba?

Because of its geopolitical situation, Cuba has more difficulty than other countries in accessing international markets, which could make the implementation of the energy transition in this country difficult. Nevertheless, the Cuban authorities can be advised to invest progressively in solar and wind energy.

Which res companies are based in Cuba?

Some RES foreign companies with a presence in the Cuban market include Iberdrola SA, Hive Energy Ltd, Vestas Wind Systems, Shanghai Electric Group Ltd, Yingli Goldwind International Holding HK Ltd, Indian state-run energy company NTPC Ltd and Havana Energy.

Is energy transition possible in Cuba 2030?

The shift demand from fuels to electricity in transport and industry is necessary to enhance energy security. This study evaluated the possibilities of energy transition in Cuba 2030. Cuba is currently in a vulnerable energy situation since it strongly depends on the importation of fossil energy.

What technologies are used in Cuba?

In fact, almost all of the technologies used in Cuba are very old, especially those using fossil fuels to produce controllable energy, e.g., old thermoelectric power plants. These technologies have already been used well beyond their uselife time.