Technical FAQs 4

What does the Guyana Energy Agency do?

The Guyana Energy Agency is responsible for overseeing feasibility studies for the integration of renewable energy programs in Guyana and has regulatory oversight over certain aspects of the energy industry, in addition to the Ministry of Public Works.

Is offshore wind a viable option in Guyana?

Guyana's geographic location makes offshore wind a viable alternative for renewable energy production. However, current regulatory hurdles are likely to stymie investment in this technology in Guyana.

Does Guyana have a potential for hydropower?

Guyana has significant potential for hydropower, like its neighbor Suriname which has successfully developed hydro power programs. Renewable energy is viewed as a potential solution by the GoG to reduce the cost of power and provide reliable electricity.

Does Guyana's power grid need to be modernized?

Guyana's power grid is in a severe state of disrepair and needs to be modernized. Approximately 26 percent of the power generated by GPL is lost due to inefficiencies in the grid.

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Commercial electricity prices for energy storage cabinets in Guyana

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Development of Microgrids For Outlying RegionsDevelopment of HydropowerDevelopment of Wind and Solar FarmsEnergy-Efficient TechnologiesInstallation, Extension, and Upgrading of Distribution NetworksThe GoG seeks to increase energy efficiency across the economy and spur private sector investment by offering incentives like an accelerated capital depreciation for deployment of technologies which reduce operational costs and increase profitability for many companies.See more on trade.govSRNE Solar

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