Where does Guyana's Energy come from?

This page is part of Global Energy Monitor 's Latin America Energy Portal. More than 90% of Guyana's total energy supply comes from fossil fuels, with the remainder derived from renewables such as wood and sugar cane residue.

What is the future of energy in Guyana?

The development of alternative renewable energies, such as solar, wind, hydropower, and biomass technologies, remains a key priority for the future growth of the energy sector in Guyana. Government of Guyana has committed to reducing the cost of electricity by at least 50% over the next five years (Budget 2022).

What does the Guyana energy agency (GEA) do?

GEA ( Guyana Energy Agency) is responsible for developing Guyana's national energy policy and securing its implementation. As of 2021, the GEA is tasked with growing the labor participation of locals by providing training programs to meet the employment demands expected to peak in 2027.

How much energy does Guyana consume?

In 2019, Guyana consumed 0.79 billion KWH of energy. Electricity in Guyana is costly, which poses major challenges for residents and businesses. Guyana does not produce, consume, or import coal. The Guyanese government maintains control over offshore oil development and production.

Who is responsible for oil & gas exploration in Guyana?

Guyana established a Department of Energy (DE) but this has been dissolved and its responsibilities fully integrated within the Ministry of Natural Resources responsible for the management of the sector. The existing legislative framework in Guyana gives responsibilities to various Ministers in areas related to the exploration of oil and gas.

Which recommendations are applicable for Guyana's gas to power project?

The following recommendations are therefore applicable for Guyana’s gas to power project. Adequate grid infrastructure, policy, and legislative changes are required to ensure that all Guyanese benefit entirely from the gas to power project.