Is offshore wind a viable option in Guyana?

Guyana's geographic location makes offshore wind a viable alternative for renewable energy production. However, current regulatory hurdles are likely to stymie investment in this technology in Guyana.

Is Guyana a good place to invest in hydropower?

Guyana is exploring other hydropower developments due to its extensive river networks to meet the growing energy demands of the country. The government offers tax concessions and capital write-offs for hydropower investments in addition to wind and solar farm investments.

What resources are available in Guyana?

In Guyana, solar energy, wind and hydropower are good complementary resources. Solar energy is available during daylight hours, peaking at noon, while wind is stronger during evening hours and at nights. Wind is lower during the wet seasons, while hydropower is fully available.

Why is Guyana a good place to invest?

Guyana presents opportunities for investment in renewable energy due to a lack of reliable electricity in its outlying regions. These areas, although having small populations, often have attractive natural resources and locations.

What are Guyana's Nationally Determined Contributions?

In the Nationally Determined Contributions, Guyana has committed to develop a mix of wind, solar, biomass and hydro-power to supply both demand of the national grid and the energy requirements for towns and villages in Guyana’s hinterland. Guyana has set an ambitious target of achieving close to 100% renewable energy in the power sector by 2025.

What does the Guyana Energy Agency do?

The Guyana Energy Agency is responsible for overseeing feasibility studies for the integration of renewable energy programs in Guyana and has regulatory oversight over certain aspects of the energy industry, in addition to the Ministry of Public Works.