Jamaica: Energy Market Overview Jamaica is the third largest island in the Caribbean, after Cuba and Hispaniola and is home to a population of 2.83 million people. The country’s largest contributors to the national GDP are the bauxite industry, the tourism sector, agriculture and the manufacturing sector. The tourism sector is an important source for foreign exchange. Jamaica … [Read more...] about Jamaica’s Energy Market
electricity
The Caribbean has some of the world’s highest energy costs – now is the time to transform the region’s energy market
by Christopher Barton, Lumas Kendrick, and Malte Humpert The high and volatile price of electricity is the most important issue in the energy sector. Electricity prices in the Caribbean are among the highest in the world, and they fluctuate greatly with the global price of oil. The primary cause of the high cost of electricity is that most Caribbean countries use diesel and … [Read more...] about The Caribbean has some of the world’s highest energy costs – now is the time to transform the region’s energy market