About Jamaica Energy Storage New Energy Storage
Jamaican utility company Jamaica Public Service (JPS) announced Monday that its board of directors has approved a hybrid energy storage solution which — pending approval from the Office of Utilities — will be the first of its kind in the Caribbean.
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About Jamaica Energy Storage New Energy Storage video introduction
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4 FAQs about [Jamaica Energy Storage New Energy Storage]
How is Jamaica's energy future being secured?
Jamaica’s energy future is being secured through Goal 7: Jamaica’s industry structures embracing eco-efficiency for advancing international competitiveness, and moving towards building a green economy.
Why is Jamaica resetting its renewables target?
Jamaica’s energy grid is now dominated by liquefied natural gas and oil. The prices of those fossils have spiked since the onset of the pandemic. And within that time, the Jamaican government reset its renewables target from 30 per cent to 50 per cent.
Can JPS distribute electricity in Jamaica?
While Jamaica has several firms that generate electricity, only JPS can distribute the power, due to its exclusive licence with the Jamaican government as operator of the national grid.
Why did Jamaica's fuel prices spike in 2022?
The remix is expected to cut into the country’s fuel import bill, which rose to US$2.38 billion in 2022, up from US$1.54 billion the previous year, according to the Economic and Social Survey Jamaica report produced by the Planning Institute of Jamaica. The price spikes were linked to the Russian invasion of Ukraine and related sanctions.