National Energy Policy
The Residential Energy Self Generation programme, which will allow homes and businesses to use solar generating systems to connect to the grid under a net billing framework with BPL, is currently before URCA for its review and finalization. We have been, and continue to be, committed to policies that deliver positive change.
The Bahamas National Energy Policy commits a minimum of 30% of our energy matrix being by way of renewable energy by 2033. The Government of The Bahamas has committed to:
- A net billing programme which will enable 25–30 megawatts of power being generated by residential and commercial customers with grid connection
- The installation of solar PV systems in public buildings and assets
- BPL has agreed to the deployment of solar plants on 20 islands of the archipelago
The National Energy Policy seeks to create linkages between the energy sector and economic sectors to use renewable energy in as many areas nationwide as possible. Policies outlined in the National Energy Policy pave the way toward achieving renewable energy targets for 2033 including use of renewable energy in:
- Transport: discouragement of inefficient motor vehicles, lowering import duties on electric and hybrid cars, encouragement of carpooling, and implementation of “effective mass public transit transport system” among other initiatives.
- Construction, housing, offices and hotels: energy-efficiency building code standards which includes use of efficient lighting, sustainable materials, energy efficient building code standards. Considerations for providing incentives for constructing carbon-neutral buildings.
- Finance: Finance ministry to develop and implement incentive programmes and fiscal measures to support investment in modern facilities, infrastructure in the energy sector.
You can download the full National Energy Policy here:
The Government has also amended the Electricity Act to allow for renewable energy generating systems and inter-connection to the grid as well as established the regulator for the electricity sector- the Utilities Regulation and Competition Authority (URCA).
At the United Nations Third International Small Island Developing States (SIDS) Conference in 2014, The Bahamas signed SIDS-DOCK; a treaty designed to help finance the energy sectors of small island developing states in order to achieve energy and emissions targets. In a nutshell, the treaty is aimed at transforming island states from fossil-fuel dependent to renewable energy based. Key targets include:
- 25 per cent increase in energy efficiency.
- Generation of a minimum for 50 per cent of electric power from renewable energy resources.
- 25 per cent decrease in conventional transportation fuel use.
SIDS DOCK ultimately provides access to funding, allowing the investment and deployment of renewable energy technologies. Advancements on energy sector reform for The Bahamas focus on photovoltaic systems and solar water heaters.
Carbon War Room
The Carbon War Room (CRW) is an international NGO and think tank committed to preventing market-barriers to sustainable policy development and finding market-based solutions to climate issues.
The Bahamas is participating in Carbon War Room’s Ten Island Challenge aiming to reduce dependency on fossil-fuels. Support gained through a partnership with the CRW allows The Bahamas to work towards achieving a number of milestones. Ongoing projects include:
- Developing more than 20 megawatts of solar PV generation across the family islands
- Bringing energy efficiency and solar solutions to Anatol Rodgers High School
- Performing a nationwide LED retrofit for street lights
- Implementing a thorough process designed to transition The Bahamas off fossil fuels and document best practices