{"id":125480,"date":"2021-03-16T08:13:01","date_gmt":"2021-03-16T12:13:01","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=125480"},"modified":"2021-03-16T08:13:01","modified_gmt":"2021-03-16T12:13:01","slug":"solar-led-renewable-energy-system-could-free-up-10-of-antiguas-gdp","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/solar-led-renewable-energy-system-could-free-up-10-of-antiguas-gdp\/","title":{"rendered":"Solar-led renewable energy system could free up 10% of Antigua’s GDP"},"content":{"rendered":"
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With the\u00a0Caribbean<\/a>-island state of\u00a0Antigua and Barbuda<\/a>\u00a0having committed to achieving an entirely renewable energy system by 2030, as part of a path to a net-zero carbon economy by mid century, a study prepared by the\u00a0International Renewable Energy Agency<\/a>\u00a0(IRENA) has placed solar front and center of the energy transition needed.<\/p>

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Government plans to add a modest 5 MW of rooftop PV generation capacity to the current 2 MW of residential systems and 7 MW of ground-mounted solar projects would see the country fall far short of that goal.<\/p>\n

Instead, IRENA has proposed reaching 199 MW of solar capacity in a near-90% clean energy system featuring 57% solar generation, and in which diesel makes up just 8%, down from its current 96%. Such a transformation would require upfront public investment of $388 million, IRENA calculated, and the government could then consider\u00a0green hydrogen<\/a>\u00a0production to attain the final 10% of a fully renewable energy system, before rolling out\u00a0electric vehicles<\/a>\u00a0(EVs) across the transport network by 2040.<\/p>

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Scenarios<\/h2>\n

The IRENA study modeled five future energy scenarios: an \u2018optimal’ system featuring modest residual diesel supply; optimal-plus-EVs; all-renewable energy mixes both with and without green hydrogen; and another all-clean-power system featuring green hydrogen and EVs.<\/p>

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The volume of solar capacity required on the two islands under the various scenarios ranged from 199 MW for the two \u2018optimal’ mixes up to 372 MW for the 100% renewable, non-green-hydrogen set-up, which would lean on solar for the highest proportion of its electricity generation, at 61%.<\/p>\n

With the nation at present spending around 10% of its GDP on diesel imports, IRENA estimated the savings offered by its optimal scenario would run to $29.3 million per year. Crucially, the current\u00a0electricity cost<\/a>\u00a0of $0.15\/kWh in Antigua and Barbuda could be reduced to $0.105\/kWh under such a generation mix, with a low of $0.09\/kWh possible under the most capital intensive, all-clean-energy-plus-hydrogen-and-EVs approach.<\/p>

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For residents on Barbuda, who lost their energy infrastructure with the landing of\u00a0Hurricane Irma<\/a>\u00a0in September 2017, IRENA has built upon the power mix suggested by UAE state-owned Abu Dhabi Future Energy Company in 2018. That report posited rebuilding the energy system with 719 kWp of solar capacity, 862 kWh of\u00a0lithium-ion energy storage<\/a>\u00a0and 660 kW of generation from two diesel plants. IRENA has instead proposed 2.07 MW of solar and 4.6 MWh of storage to attain almost 95% clean power for the island, and suggested biodiesel could offer a route to 100% renewables.<\/p>\n

IRENA said its system would see the $0.48\/kWh electricity price on Barbuda fall to $0.16.<\/p>

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To attain its clean power ambitions, though, the authorities should improve renewables capacity procurement, train a domestic workforce for operations and maintenance and introduce electricity time-of-use tariffs to help drive the adoption of residential storage systems.<\/p>

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With the IRENA plan in part resting on an assumption every one of the nation’s 30,000 households would be\u00a0fitted with solar<\/a>\u00a0and storage\u2013to supply 90 MW of the hoped-for generation capacity\u2013the latter two options would appear to have paramount importance.<\/p>\n

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With the\u00a0Caribbean-island state of\u00a0Antigua and Barbuda\u00a0having committed to achieving an entirely renewable energy system by 2030, as part of a path to a net-zero carbon economy by mid century, a study prepared by the\u00a0International Renewable Energy Agency\u00a0(IRENA) has placed solar front and center of the energy transition needed. Government plans to add a modest 5 […]<\/p>\n","protected":false},"author":3,"featured_media":117754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-125480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nSolar-led renewable energy system could free up 10% of Antigua's GDP - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/solar-led-renewable-energy-system-could-free-up-10-of-antiguas-gdp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar-led renewable energy system could free up 10% of Antigua's GDP\" \/>\n<meta property=\"og:description\" content=\"With the\u00a0Caribbean-island state of\u00a0Antigua and Barbuda\u00a0having committed to achieving an entirely renewable energy system by 2030, as part of a path to a net-zero carbon economy by mid century, a study prepared by the\u00a0International Renewable Energy Agency\u00a0(IRENA) has placed solar front and center of the energy transition needed. 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