Energy
/ Sun, 01/12/2025 - 16:59
- Global Hub for Energy Supply: President Ali envisions positioning Guyana as an important regional and global hub for energy. This involves leveraging both its conventional oil and gas potential and expanding its renewable energy capabilities.
- Natural Gas as a Transition Fuel: The country is moving toward using natural gas for power generation. This strategic shift aims to reduce emissions in the electricity sector while setting the stage for further investments in renewable energy.
- Hydropower Development: The government is actively pursuing large-scale hydropower projects—utilizing remote waterfalls to add grid power—to diversify the energy mix and support sustainable development.
- Cleaner Oil Production: Guyana also intends to remain among the last oil producers, focusing on providing cleaner-burning fuels to aid in the global energy transition.
