Prospects for energy storage development in Grenada Industrial Park

How can Grenada achieve a sustainable future?

3.1. Intensify the diversification of generation mix and develop the potential of Grenada’s indigenous energy resources (geothermal, wind, solar), increasing the share of electricity generated by renewable energy sources, in conjunction with the pledged climate mitigation efforts and the gradual phasing out of fossil fuels 3.1.a.

Does Grenada have electricity?

Electricity. Grenada has established a legal framework for the accelerated development of the supply of electricity from renewable energy, through the Electricity Act No19 of 2016 (amended in 2017) and the PURC Act No20 of 2016 (amended in 2017). The electricity subsector is currently under transformation.

Why is Grenada a good country?

The Government of Grenada (GoG) is committed to transforming the country into a more prosperous and resilient economy, where every citizen can live in harmony with the environment and benefit from the development of energy resources and the economy in a sustainable manner. Energy is a fundamental requirement for the development of the nation.

What role do governance and institutional reforms play in Grenada's energy sector?

Governance and institutional reforms play a central role in the development of Grenada’s energy sector: affective functional institutions working in coordination are a key ingredient for the successful deployment of sustainable energy, ensuring the adequate and transparent allocation of funds to achieve the policies.