Prime Minister Brigadier (Ret’d) Mark Phillips has taken Guyana’s visionary energy diversification initiative, to the 53rd Meeting of Ministers of the Latin American Energy Organization (OLADE). There, he aligned Guyana’s energy plan with the objectives of the Low Carbon Development Strategy (LCDS) 2030.
This strategy focuses on achieving economic and social development through a low-carbon path, addressing climate change concerns.
Committing to a low-carbon economy, the Prime Minister asserted the government’s dedication to advancing renewable energy development as a national priority. He highlighted the pivotal role of renewable resources from the gas industry in diversifying the economy for energy, food, and climate security. The energy supply matrix encompasses hydropower, natural gas, solar, and wind resources, adding 500 MW of capacity for residential and commercial users.
Key policies he said include a 300 MW gas plant, national grid upgrades, and the completion of the Amaila Falls Hydroelectric project. Progress in reviving the 165 MW Amaila Falls Project and funding for solar farms under the GUYSOL programme were also emphasized. According to Phillips, the government aims to ensure affordable, stable, and reliable energy for all, with a focus on delivering clean, renewable power to hinterland regions.
The commitment extends to 19 solar PV-powered mini-grids benefitting households and individuals, contributing to social, healthcare, and education facilities. The large-scale electrification project also targets 30,000 Solar PV Home Energy Systems for remote areas, introducing renewable electricity to underserved homes.
