We are a powerhouse for modernisation, efficiency and sustainability
Jamaica is receiving international attention for its liberalised energy industry. It is therefore no surprise that we continue to attract investors and have grown from a handful of entities to over 10 public and private energy producers.
Currently, our power sources range from petroleum products to alternative energy sources including hydropower, wind, solar and bagasse. However, our government is committed to further diversifying the sector into a mix of energy sources and by 2030, renewable energy will account for at least 30% of that mix.
Through our industry regulatory body, the Office of Utilities Regulation (OUR), Jamaica remains committed to developing a sustainable energy framework that ensures a transparent and equitable representation for all our stakeholders.
We Keep Growing
We're in Demand!
Generate electricity from renewable resources for the national grid.
Supply energy at lower costs to the Jamaican consumer and heavy industries in a growing economy.
Import, grow and harvest fuel crops.
Explore commercial finds of oil and gas by drilling in exploration wells. There is evidence of the presence of hydrocarbons.
Distribute LNG, processing end of life motor oil, waste to biodiesel and oil crops (e.g. castor oil) and produce ethanol.
Private sector companies can explore joint ventures and financing to generate energy for their consumption.
Important Note: All energy related projects are undertaken strictly through a bidding process coordinated by the Jamaican Government. All tenders are processed through the Generation Procurement Entity (GPE), an entity under the Ministry of Science, Energy & Technology (MSET).
- On our initial trip to Jamaica in 2012, we saw the opportunity to positively impacteconomic development via lower cost, renewable energy. JAMPRO was as asset in gettingour company started and also by providing connections with the necessary regulatory,government and private sector organizations. BMR Jamaica Wind Limited’s 36.3MW windpark has now been operating for over 3 successful years and we are excited about ourplans to expand our business here with further investment as Jamaica aggressivelyprogresses toward 50% renewables by 2030
- We found Jamaica to be a welcoming environment for investment in its energy sector. It’skey stakeholders and decisionmakers have made significant efforts to enhancetransparency in the market and also to protect the sanctity of contract. These efforts havebolstered investor confidence in Jamaica. The renewable energy sector has a promisingfuture in Jamaica. With its wealth of renewable energy sources, such as solar, combinedwith future technological and cost improvements, Jamaica has significant room for growthin this sector. Current renewable penetration is <10% and the government has set anachievable target of >30% renewable penetration by 2030