Trinidad and Tobago Energy Sector Update 2024
for nearly 80% of Trinidad and Tobago''s (T&T) export revenues and thus, the energy sector remains a cornerstone contributing significantly to government revenue, export earnings and GDP. In the 2025 National Budget presentation, The Minister commented that the energy sector will be a major contributor to our economic survival for years to come.
Trinidad & Tobago
Trinidad & Tobago U.S. Department of Energy Energy Snapshot Population Size 1.39 Million Total Area Size 5,128 Sq. Kilometers Total GDP $23.8 Billion Gross National Income (GNI) Per Capita $15,950 Share of GDP Spent on Imports 51% Fuel Imports 4.7% Urban Population Percentage 53.2% Population and Economy Installed Capacity 2,114 MW RE Installed
Energy Snapshot Trinidad and Tobago
Trinidad and Tobago This profile provides a snapshot of the energy landscape of Trinidad and Tobago, a two-island nation located off the coast of Venezuela. Trinidad and Tobago''s electricity rates are some of the lowest in the Caribbean at approximately $0.04 per kilowatt-hour (kWh), well below the regional average of $0.33/kWh. Unlike many
ENERGY PROFILE Trinidad and Tobago
World World Trinidad Tobago Biomass potential: net primary production Indicators of renewable resource potential Trinidad Tobago Distribution of solar potential Distribution of wind potential RENEWABLE RESOURCE POTENTIAL 0% 20% 40% 60% 80% 100% ea <260 260-420 420-560 560-670 670-820 820-1060 >1060 Wind power density at 100m height (W/m2) 200 0 1
2017 ENERGY REPORT CARD TRINIDAD AND TOBAGO
The ERC provides an overview of energy sector performance in Trinidad and Tobago by focusing on two priority sub-sectors: Electricity and Transportation. The ERC also includes energy efficiency, climate change, energy sector workforce,
Ministry of Energy and Energy Industries | Power. Prosperity.
Trinidad and Tobago''s Energy Conference 2024 MEEI staff were recognized for their efforts towards expanding and accelerating the use of Compressed Natural Gas (CNG) as an alternative transportation fuel in Trinidad and Tobago.
Trinidad and Tobago: Energy Country Profile
Trinidad and Tobago: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
4 FAQs about [Energie stockage Trinidad and Tobago]
Does Trinidad & Tobago need energy subsidies?
Unlike many island nations, Trinidad and Tobago has significant oil and natural gas reserves and is a net exporter of these fuels. However, subsidies for domestic energy consumption have created a fiscal burden on the government that could be reduced through the expansion of alternative transportation fuels, energy eficiency, and renewable energy.
Who owns the energy in Trinidad & Tobago?
In 1994, it divested from its generation holdings on the larger island of Trinidad and now purchases energy from three Independent Power Producers (IPPs): the Power Generation Company of Trinidad and Tobago, which purchased the former T&TEC-operated plants and presently controls 1,386 megawatts (MW) of gas-fired capacity across
Does Trinidad and Tobago have fossil fuel resources?
Trinidad and Tobago has abundant local fossil fuel resources, but is taking steps to prepare the societal, legal, regulatory, and economic foundations necessary to support renewable energy and energy efficiency technologies.
How much does electricity cost in Trinidad & Tobago?
Trinidad and Tobago’s electricity rates are some of the lowest in the Caribbean at approximately $0.04 per kilowatt-hour (kWh), well below the regional average of $0.33/kWh. Unlike many island nations, Trinidad and Tobago has significant oil and natural gas reserves and is a net exporter of these fuels.