Natural Resources Minister Vickram Bharrat Energy Update:
According to Minister of Natural Resources Vickram Bharrat, despite its commitment to reducing carbon emissions, Guyana is not financially prepared to fully transition to solar, wind, and hydropower at the required scale.
Speaking at the 4th Energy Conference and Supply Chain Expo, Minister Bharrat emphasized the need for further evaluation before the country can invest heavily in large-scale renewable projects. While Guyana has prioritized clean energy solutions, the high infrastructure, technology, and storage capacity cost remains a significant hurdle.
The Minister reiterated that natural gas remains a critical part of Guyana’s energy strategy, serving as a bridge to a more sustainable future while the country gradually integrates renewable alternatives.
Antonio Dey has more on Guyana’s energy outlook.
