{"id":242399,"date":"2025-07-05T06:09:00","date_gmt":"2025-07-05T10:09:00","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=242399"},"modified":"2025-07-04T17:11:21","modified_gmt":"2025-07-04T21:11:21","slug":"expert-in-antigua-barbuda-the-transition-to-renewables-offers-a-pathway-to-lower-bills","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/expert-in-antigua-barbuda-the-transition-to-renewables-offers-a-pathway-to-lower-bills\/","title":{"rendered":"Expert: In Antigua & Barbuda the transition to renewables offers a pathway to lower bills"},"content":{"rendered":"
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A New Blueprint for Caribbean Energy Independence
<\/strong>Comprehensive New Green Energy Transition Report Released Today<\/em><\/strong><\/p>

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Amid rising energy prices, economic volatility and climate vulnerability, a new report from RMI lays out a bold, achievable path for Caribbean nations to secure energy independence and resilience \u2014 powered by the region\u2019s most abundant resources: the sun, wind, and geothermal heat.<\/p>\n\n\n\n

The report, \u201c<\/strong>A Caribbean Regional Transition Scenario<\/strong><\/a>,\u201d<\/strong> presents a practical roadmap for governments, utilities, and communities across the region to transition to renewable energy in a way that is cost-effective, reliable, and just.<\/p>

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\u201cIn Antigua & Barbuda, owning your own energy is no longer a luxury \u2014 it is a necessity,\u201d<\/strong> said David Gumbs, Director of RMI\u2019s Islands Energy Program and former CEO of ANGLEC, Anguilla\u2019s Electricity Utility. \u201cEvery country, including Antigua & Barbuda, in this region has the potential to own its energy future \u2014 but we must act now.\u201d<\/p>

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The Challenge \u2014 and the Opportunity<\/strong><\/p>\n\n\n\n

Electricity prices in the Caribbean remain among the highest in the world, straining households and limiting job creation and economic growth. Many nations still rely heavily on imported fossil fuels, leaving them vulnerable to external price shocks and supply disruptions in this increasingly volatile world.<\/p>

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The report finds that modern solar and battery systems can now outperform fossil fuels economically in most contexts, offering both immediate savings and long-term stability. It demonstrates that a phased transition \u2014 beginning with a 50% renewable share by 2030 and 100% by 2035 \u2014 is both achievable and cost-effective. <\/p>\n\n\n\n

In Antigua & Barbuda<\/strong>, the transition to renewables offers a pathway to lower bills, improved resilience, and new job opportunities \u2014 from solar installation to energy systems designed to support the new jobs that low-cost energy will create in the economy.<\/p>

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\u201cThe Caribbean offers a unique convergence of high renewable energy potential, some of the world\u2019s highest electricity prices due to imported fossil fuels, and strong political commitment to climate leadership and resilience\u2014making it one of the most attractive emerging markets for renewable energy investment today,\u201d noted Laetitia De Marez, Senior Director of the RMI Islands Energy and Catalytic Finance Programs. <\/p>

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A Path Forward – For the Entire Caribbean<\/strong><\/p>\n\n\n\n

This publication was informed by deep regional consultation and collaboration, as well as by decades of work and partnership across more than 20 Caribbean nations.  It serves as an actionable toolkit for countries to leverage in their transition plans, laying out the opportunities and challenges inherent in the region\u2019s transition, and includes specific recommendations for: <\/p>\n\n\n\n