As the government works to fulfill the island’s optimistic Integrated Resource Plan, Jamaica is making great gains in diversifying its energy industry. The plan aims to add roughly 1600 MW of production capability to the island’s energy supplies during the next 20 years.
The goal is to allow lower energy prices and lessen the power sector’s exposure to external disturbances such as oil and gas prices. The strategy generates economic possibilities in the form of RFPs, which seek funders to meet the increased demand for power generation….
Shell Brazil, a part of Royal Dutch Shell, has begun dealing with Razen shares. The listing of Shell and Brazilian utility giant Cosan’s sustainable power joint effort on the São Paulo Capital Market followed the effective delivery of an IPO.
Shell’s Downstream Director, Huibert Vigeveno, stated that the company is committed to Razen as it expands its renewable energy sector and foothold in …
Amber Grid, a gas-electric grid operator, has unveiled its strategic plan through 2030. In the following decade, the company’s operations and resources will be focused on the development of facilities for green power transmission.
It intends to develop and modify the gas-electric grid so that renewable energy supplies can be safely transported to energy providers and buyers. The plan also includes infrastructure development and the implementation of a single market and trade zone.