Power Market in CARICOM and Associated Countries – Installed Capacity, Capacity Mix, Renewable Roadmap, and Future Outlook to 2025

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“Power Market in CARICOM and Associated Countries – Installed Capacity, Capacity Mix, Renewable Roadmap, and Future Outlook to 2025” is the latest market analysis report from GlobalData, the industry analysis specialists that offers comprehensive information and understanding of the power market in the Caribbean Community (CARICOM) and associated countries.
The report provides a clear overview of and detailed insight into the power market in CARICOM and associated countries. The report provides power market scenario and outlook for thirty one countries in the region. The countries include – Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks and Caicos Islands, Aruba, Curaçao, Dominican Republic, Sint Maarten, Panama, Costa Rica, Nicaragua, El Salvador, Honduras, Guatemala and Puerto Rico. The report covers the present power market scenario, electric system, the installed capacity trend by power generating source (2006-2025), installed capacity mix, key renewable policies, and opportunities and threats in renewable energy deployment.

Scope

Power market insights in CARICOM and for thirty one countries namely – Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Turks and Caicos Islands, Aruba, Curaçao, Dominican Republic, Sint Maarten, Panama, Costa Rica, Nicaragua, El Salvador, Honduras, Guatemala, Puerto Rico.

Study on present power market scenario and electric system.

Historic (2006-2016) and forecast (2017-2025) data for cumulative installed capacity for total power and by power generating source such as thermal (coal, oil and gas), hydropower, wind, solar, geothermal and biopower.

Coverage of the key opportunities and challenges related to country’s renewable power market.

Key renewable power support mechanism

Key Highlights

Reasons to Buy

Facilitate decision-making by providing historical and forecast data in power sector in CARICOM and associated countries

Identify opportunities and plan strategies

Identify key factors driving investment opportunities in key countries

Develop strategies based on latest market and policy developments in the sector

Position yourself to gain the maximum advantage of the industry’s growth potential

Identify key partners and business-development avenues

Respond to your market structure, strategies and prospects

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Table of Contents

1 Table of Contents

1 Table of Contents 1

1.1 List of Tables 14

1.2 List of Figures 15

2 Executive Summary 19

2.1 Cumulative Installed Capacity in CARICOM Countries was

33.7 GW in 2016 19

2.2 Oil-fired Thermal Power is the Major Source of Electricity in the Region 20

2.3 Cumulative Installed Capacity in CARICOM to reach

47.6 GW in 2025 21

2.4 Shift in Capacity Mix – Renewables to Lead Future Development 22

2.5 Renewable Energy Targets Supported by Financial Incentives a Key Driver for Renewable Development 23

3 Introduction 26

3.1 GlobalData Report Guidance 26

4 Power Market, Anguilla 27

4.1 Power Market, Anguilla, Present Scenario 27

4.1.1 Power Market, Anguilla, Installed Capacity, 2006–2016 28

4.1.2 Power Market, Anguilla, Installed Capacity Mix, 2016 29

4.2 Power Market, Anguilla, Future Outlook 29

4.2.1 Power Market, Anguilla, Installed Capacity, 2017–2025 30

4.2.2 Power Market, Anguilla, Installed Capacity Mix, 2016–2025 31

4.3 Power Market, Anguilla, Renewable Policy and Roadmap 31

5 Power Market, Antigua and Barbuda 33

5.1 Power Market, Antigua and Barbuda, Present Scenario 33

5.1.1 Power Market, Antigua and Barbuda, Installed Capacity, 2006–2016 34

5.1.2 Power Market, Antigua and Barbuda, Installed Capacity Mix, 2016 35

5.2 Power Market, Antigua and Barbuda, Future Outlook 36

5.2.1 Power Market, Antigua and Barbuda, Installed Capacity, 2017–2025 36

5.2.2 Power Market, Antigua and Barbuda, Installed Capacity Mix, 2016–2025 38

5.3 Power Market, Antigua and Barbuda, Renewable Policy and Roadmap 38

6 Power Market, Aruba 40

6.1 Power Market, Aruba, Present Scenario 40

6.1.1 Power Market, Aruba, Installed Capacity, 2006–2016 41

6.1.2 Power Market, Aruba, Installed Capacity Mix, 2016 42

6.2 Power Market, Aruba, Future Outlook 43

6.2.1 Power Market, Aruba, Installed Capacity, 2017–2025 43

6.2.2 Power Market, Aruba, Installed Capacity Mix, 2016–2025 45

6.3 Power Market, Aruba, Renewable Policy and Roadmap 46

7 Power Market, Bahamas 49

7.1 Power Market, Bahamas, Present Scenario 49

7.1.1 Power Market, Bahamas, Installed Capacity, 2006–2016 50

7.1.2 Power Market, Bahamas, Installed Capacity Mix, 2016 51

7.2 Power Market, Bahamas, Future Outlook 52

7.2.1 Power Market, Bahamas, Installed Capacity, 2017–2025 52

7.2.2 Power Market, Bahamas, Installed Capacity Mix, 2016–2025 53

7.3 Power Market, Bahamas, Renewable Policy and Roadmap 54

8 Power Market, Barbados 57

8.1 Power Market, Barbados, Present Scenario 57

8.1.1 Power Market, Barbados, Installed Capacity, 2006–2016 58

8.1.2 Power Market, Barbados, Installed Capacity Mix, 2016 59

8.2 Power Market, Barbados, Future Outlook 60

8.2.1 Power Market, Barbados, Installed Capacity, 2017–2025 60

8.2.2 Power Market, Barbados, Installed Capacity Mix, 2016–2025 61

8.3 Power Market, Barbados, Renewable Policy and Roadmap 63

9 Power Market, Belize 66

9.1 Power Market, Belize, Present Scenario 66

9.2 Power Market, Belize, Installed Capacity, 2006–2016 67

9.2.1 Power Market, Belize, Installed Capacity Mix, 2016 68

9.3 Power Market, Belize, Future Outlook 69

9.3.1 Power Market, Belize, Installed Capacity, 2017–2025 69

9.3.2 Power Market, Belize, Installed Capacity Mix, 2016–2025 71

9.4 Power Market, Belize, Renewable Policy and Roadmap 72

10 Power Market, Bermuda 75

10.1 Power Market, Bermuda, Present Scenario 75

10.1.1 Power Market, Bermuda, Installed Capacity, 2006–2016 76

10.1.2 Power Market, Bermuda, Installed Capacity Mix, 2016 77

10.2 Power Market, Bermuda, Future Outlook 78

10.2.1 Power Market, Bermuda, Installed Capacity, 2017–2025 79

10.2.2 Power Market, Bermuda, Installed Capacity Mix, 2016–2025 80

10.3 Power Market, Bermuda, Renewable Policy and Roadmap 81

11 Power Market, British Virgin Islands 83

11.1 Power Market, British Virgin Islands, Present Scenario 83

11.1.1 Power Market, British Virgin Islands, Installed Capacity, 2006–2016 83

11.1.2 Power Market, British Virgin Islands, Installed Capacity Mix, 2016 85

11.2 Power Market, British Virgin Islands, Future Outlook 85

11.2.1 Power Market, British Virgin Islands, Installed Capacity, 2017–2025 85

11.2.2 Power Market, British Virgin Islands, Installed Capacity Mix, 2016–2025 87

11.3 Power Market, British Virgin Islands, Renewable Policy and Roadmap 87

12 Power Market, Cayman Islands 90

12.1 Power Market, Cayman Islands, Present Scenario 90

12.1.1 Power Market, Cayman Islands, Installed Capacity, 2006–2016 91

12.1.2 Power Market, Cayman Islands, Installed Capacity Mix, 2016 92

12.2 Power Market, Cayman Islands, Future Outlook 93

12.2.1 Power Market, Cayman Islands, Installed Capacity, 2017–2025 93

12.2.2 Power Market, Cayman Islands, Installed Capacity Mix, 2016–2025 94

12.3 Power Market, Cayman Islands, Renewable Policy and Roadmap 95

13 Power Market, Costa Rica 98

13.1 Power Market, Costa Rica, Present Scenario 98

13.1.1 Power Market, Costa Rica, Installed Capacity, 2006–2016 98

13.1.2 Power Market, Costa Rica, Installed Capacity Mix, 2016 100

13.2 Power Market, Costa Rica, Future Outlook 101

13.2.1 Power Market, Costa Rica, Installed Capacity, 2017–2025 101

13.2.2 Power Market, Costa Rica, Installed Capacity Mix, 2016–2025 102

13.3 Power Market, Costa Rica, Renewable Policy and Roadmap 104

14 Power Market, Curacao 107

14.1 Power Market, Curacao, Present Scenario 107

14.1.1 Power Market, Curacao, Installed Capacity, 2006–2016 108

14.1.2 Power Market, Curacao, Installed Capacity Mix, 2016 109

14.2 Power Market, Curacao, Future Outlook 110

14.2.1 Power Market, Curacao, Installed Capacity, 2017–2025 110

14.2.2 Power Market, Curacao, Installed Capacity Mix, 2016–2025 111

14.3 Power Market, Curacao, Renewable Policy and Roadmap 112

15 Power Market, Dominica 115

15.1 Power Market, Dominica, Present Scenario 115

15.1.1 Power Market, Dominica, Installed Capacity, 2006–2016 116

15.1.2 Power Market, Dominica, Installed Capacity Mix, 2016 117

15.2 Power Market, Dominica, Future Outlook 117

15.2.1 Power Market, Dominica, Installed Capacity, 2017–2025 118

15.2.2 Power Market, Dominica, Installed Capacity Mix, 2016–2025 119

15.3 Power Market, Dominica, Renewable Policy and Roadmap 120

16 Power Market, Dominican Republic 123

16.1 Power Market, Dominican Republic, Present Scenario 123

16.2 Power Market, Dominican Republic, Installed Capacity, 2006–2016 124

16.2.1 Power Market, Dominican Republic, Installed Capacity Mix, 2016 125

16.3 Power Market, Dominican Republic, Future Outlook 126

16.3.1 Power Market, Dominican Republic, Installed Capacity, 2017–2025 126

16.3.2 Power Market, Dominican Republic, Installed Capacity Mix, 2016–2025 128

16.4 Power Market, Dominican Republic, Renewable Policy and Roadmap 130

17 Power Market, El Salvador 133

17.1 Power Market, El Salvador, Present Scenario 133

17.1.1 Power Market, El Salvador, Installed Capacity, 2006-2016 134

17.1.2 Power Market, El Salvador, Installed Capacity Mix, 2016 135

17.2 Power Market, El Salvador, Future Outlook 136

17.2.1 Power Market, El Salvador, Installed Capacity, 2017-2025 137

17.2.2 Power Market, El Salvador, Installed Capacity Mix, 2016-2025 138

17.3 Power Market, El Salvador, Renewable Policy and Roadmap 140

18 Power Market, Grenada 143

18.1 Power Market, Grenada, Present Scenario 143

18.1.1 Power Market, Grenada, Installed Capacity, 2006–2016 144

18.1.2 Power Market, Grenada, Installed Capacity Mix, 2016 145

18.2 Power Market, Grenada, Future Outlook 145

18.2.1 Power Market, Grenada, Installed Capacity, 2017–2025 146

18.2.2 Power Market, Grenada, Installed Capacity Mix, 2016–2025 147

18.3 Power Market, Grenada, Renewable Policy and Roadmap 147

19 Power Market, Guatemala 151

19.1 Power Market, Guatemala, Present Scenario 151

19.1.1 Power Market, Guatemala, Installed Capacity, 2006–2016 151

19.1.2 Power Market, Guatemala, Installed Capacity Mix, 2016 153

19.2 Power Market, Guatemala, Future Outlook 153

19.2.1 Power Market, Guatemala, Installed Capacity, 2017–2025 154

19.2.2 Power Market, Guatemala, Installed Capacity Mix, 2016–2025 155

19.3 Power Market, Guatemala, Renewable Policy and Roadmap 156

20 Power Market, Guyana 159

20.1 Power Market, Guyana, Present Scenario 159

20.1.1 Power Market, Guyana, Installed Capacity, 2006–2016 160

20.1.2 Power Market, Guyana, Installed Capacity Mix, 2016 161

20.2 Power Market, Guyana, Future Outlook 162

20.2.1 Power Market, Guyana, Installed Capacity, 2017–2025 163

20.2.2 Power Market, Guyana, Installed Capacity Mix, 2016–2025 164

20.3 Power Market, Guyana, Renewable Policy and Roadmap 165

21 Power Market, Haiti 168

21.1 Power Market, Haiti, Present Scenario 168

21.1.1 Power Market, Haiti, Installed Capacity, 2006–2016 169

21.1.2 Power Market, Haiti, Installed Capacity Mix, 2016 170

21.2 Power Market, Haiti, Future Outlook 171

21.2.1 Power Market, Haiti, Installed Capacity, 2017–2025 171

21.2.2 Power Market, Haiti, Installed Capacity Mix, 2016–2025 174

21.3 Power Market, Haiti, Renewable Policy and Roadmap 175

22 Power Market, Honduras 178

22.1 Power Market, Honduras, Present Scenario 178

22.1.1 Power Market, Honduras, Installed Capacity, 2006–2016 178

22.1.2 Power Market, Honduras, Installed Capacity Mix, 2016 180

22.2 Power Market, Honduras, Future Outlook 180

22.2.1 Power Market, Honduras, Installed Capacity, 2017–2025 180

22.2.2 Power Market, Honduras, Installed Capacity Mix, 2016–2025 182

22.3 Power Market, Honduras, Renewable Policy and Roadmap 183

23 Power Market, Jamaica 187

23.1 Power Market, Jamaica, Present Scenario 187

23.1.1 Power Market, Jamaica, Installed Capacity, 2006–2016 188

23.1.2 Power Market, Jamaica, Installed Capacity Mix, 2016 189

23.2 Power Market, Jamaica, Future Outlook 190

23.2.1 Power Market, Jamaica, Installed Capacity, 2017–2025 191

23.2.2 Power Market, Jamaica, Installed Capacity Mix, 2016–2025 192

23.3 Power Market, Jamaica, Renewable Policy and Roadmap 193

24 Power Market, Montserrat 198

24.1 Power Market, Montserrat, Present Scenario 198

24.1.3 Power Market, Montserrat, Future Outlook 200

24.2 Power Market, Montserrat, Renewable Policy and Roadmap 202

25 Power Market, Nicaragua 205

25.1 Power Market, Nicaragua, Present Scenario 205

25.1.1 Power Market, Nicaragua, Installed Capacity, 2006–2016 205

25.1.2 Power Market, Nicaragua, Installed Capacity Mix, 2016 206

25.2 Power Market, Nicaragua, Future Outlook 207

25.2.1 Power Market, Nicaragua, Installed Capacity, 2017–2025 208

25.2.2 Power Market, Nicaragua, Installed Capacity Mix, 2016–2025 209

25.3 Power Market, Nicaragua, Renewable Policy and Roadmap 210

26 Power Market, Panama 214

26.1 Power Market, Panama, Present Scenario 214

26.2 Power Market, Panama, Installed Capacity, 2006–2016 215

26.2.1 Power Market, Panama, Installed Capacity Mix, 2016 216

26.3 Power Market, Panama, Future Outlook 217

26.3.1 Power Market, Panama, Installed Capacity, 2017–2025 218

26.3.2 Power Market, Panama, Installed Capacity Mix, 2016–2025 219

26.4 Power Market, Panama, Renewable Policy and Roadmap 221

27 Power Market, Puerto Rico 224

27.1 Power Market, Puerto Rico, Present Scenario 224

27.1.1 Power Market, Puerto Rico, Installed Capacity, 2006–2016 225

27.1.2 Power Market, Puerto Rico, Installed Capacity Mix, 2016 226

27.2 Power Market, Puerto Rico, Future Outlook 227

27.2.1 Power Market, Puerto Rico, Installed Capacity, 2017–2025 228

27.2.2 Power Market, Puerto Rico, Installed Capacity Mix, 2016–2025 229

27.3 Power Market, Puerto Rico, Renewable Policy and Roadmap 231

28 Power Market, St Kitts and Nevis 234

28.1 Power Market, St. Kitts and Nevis, Present Scenario 234

28.2 Power Market, St Kitts and Nevis, Installed Capacity, 2006–2016 234

28.2.1 Power Market, St Kitts and Nevis, Installed Capacity Mix, 2016 236

28.3 Power Market, St Kitts and Nevis, Future Outlook 236

28.3.1 Power Market, St Kitts and Nevis, Installed Capacity, 2017–2025 237

28.3.2 Power Market, St. Kitts and Nevis, Installed Capacity Mix, 2016–2025 238

28.4 Power Market, Saint Kitts and Nevis, Renewable Policy and Roadmap 239

29 Power Market, St Lucia 241

29.1 Power Market, St Lucia, Present Scenario 241

29.2 Power Market, St Lucia, Future Outlook 243

29.3 Power Market, St Lucia, Renewable Policy and Roadmap 246

30 Power Market, Sint Maarten 248

30.1 Power Market, Sint Maarten, Present Scenario 248

30.2 Power Market, Sint Maarten, Future Outlook 250

30.3 Power Market, Sint Maarten, Renewable Policy and Roadmap 252

31 Power Market, St. Vincent and the Grenadines 255

31.1 Power Market, St. Vincent and the Grenadines, Present Scenario 255

31.1.1 Power Market, St. Vincent and the Grenadines, Installed Capacity, 2006–2016 255

31.1.2 Power Market, St. Vincent and the Grenadines, Installed Capacity Mix, 2016 257

31.2 Power Market, St. Vincent and the Grenadines, Future Outlook 257

31.2.1 Power Market, St. Vincent and the Grenadines, Installed Capacity, 2017–2025 258

31.2.2 Power Market, St. Vincent and the Grenadines, Installed Capacity Mix, 2016–2025 259

31.3 Power Market, St. Vincent and the Grenadines, Renewable Policy and Roadmap 259

32 Power Market, Suriname 263

32.1 Power Market, Suriname, Present Scenario 263

32.1.1 Power Market, Suriname, Installed Capacity, 2006–2016 264

32.1.2 Power Market, Suriname, Installed Capacity Mix, 2016 265

32.2 Power Market, Suriname, Future Outlook 266

32.2.1 Power Market, Suriname, Installed Capacity, 2017–2025 266

32.2.2 Power Market, Suriname, Installed Capacity Mix, 2016–2025 268

32.3 Power Market, Suriname, Renewable Policy and Roadmap 269

33 Power Market, Trinidad and Tobago 271

33.1 Power Market, Trinidad and Tobago, Present Scenario 271

33.1.1 Power Market, Trinidad and Tobago, Installed Capacity, 2006–2016 272

33.1.2 Power Market, Trinidad and Tobago, Installed Capacity Mix, 2016 273

33.2 Power Market, Trinidad and Tobago, Future Outlook 274

33.2.1 Power Market, Trinidad and Tobago, Installed Capacity, 2017–2025 275

33.2.2 Power Market, Trinidad and Tobago, Installed Capacity Mix, 2016–2025 276

33.3 Power Market, Trinidad and Tobago, Renewable Policy and Roadmap 277

34 Power Market, Turks and Caicos Islands 280

34.1 Power Market, Turks and Caicos Islands, Present Scenario 280

34.2 Power Market, Turks and Caicos Islands, Future Outlook 282

34.3 Power Market, Turks and Caicos Islands, Renewable Policy and Roadmap 284

Table

1.1 List of Tables

Table 1: Power Market, CARICOM Countries, Renewable Energy Policy Measures, 2017 23

Table 2: Power Market, Anguilla, Cumulative Installed Capacity by Type (MW), 2006–2016 28

Table 3: Power Market, Anguilla, Cumulative Installed Capacity by Type (MW), 2017–2025 30

Table 4: Power Market, Antigua and Barbuda, Oil-Based Thermal Power Stations (MW), 2016 34

Table 5: Power Market, Antigua and Barbuda, Cumulative Installed Capacity by Type (MW), 2006–2016 35

Table 6: Power Market, Antigua and Barbuda, Cumulative Installed Capacity by Type (MW), 2017–2025 37

Table 7: Power Market, Aruba, Cumulative Installed Capacity by Type (MW), 2006–2016 42

Table 8: Power Market, Aruba, Cumulative Installed Capacity by Type (MW), 2017–2025 44

Table 9: Power Market, Aruba, Installed Capacity Mix (%), 2016–2025 45

Table 10: Power Market, Aruba, Bill for Solar Power, Tariffs 47

Table 11: Power Market, Aruba, Purchase of Solar Power, Tariffs 47

Table 12: Power Market, Bahamas, Cumulative Installed Capacity by Type (MW), 2006–2016 50

Table 13: Power Market, Bahamas, Cumulative Installed Capacity by Type (MW), 2017–2025 53

Table 14: Power Market, Bahamas, Installed Capacity Mix (%), 2016–2025 54

Table 15: Power Market, Barbados, Cumulative Installed Capacity by Type (MW), 2006–2016 58

Table 16: Power Market, Barbados, Cumulative Installed Capacity by Type (MW), 2017–2025 61

Table 17: Power Market, Barbados, Installed Capacity Mix (%),2016–2025 62

Table 18: Power Market, Belize, Cumulative Installed Capacity by Type (MW), 2006–2016 68

Table 19: Power Market, Belize, Cumulative Installed Capacity by Type (MW), 2017–2025 70

Table 20: Power Market, Belize, Installed Capacity Mix (%), 2016–2025 71

Table 21: Power Market, Bermuda, Cumulative Installed Capacity by Type (MW), 2006–2016 77

Table 22: Power Market, Bermuda, Cumulative Installed Capacity by Type (MW), 2017–2025 79

Table 23: Power Market, British Virgin Islands, Cumulative Installed Capacity by Type (MW), 2006–2016 84

Table 24: Power Market, British Virgin Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 86

Table 25: Power Market, Cayman Islands, Cumulative Installed Capacity by Type (MW), 2006–2016 91

Table 26: Power Market, Cayman Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 94

Table 27: Power Market, Cayman Islands: CORE Tariff Rates, 2016 96

Table 28: Power Market, Cayman Islands: CORE Tariff Rates, 2017 96

Table 29: Power Market, Costa Rica, Cumulative Installed Capacity by Type (MW), 2006–2016 99

Table 30: Power Market, Costa Rica, Cumulative Installed Capacity by Type (MW), 2017–2025 102

Table 31: Power Market, Costa Rica, Installed Capacity Mix (%),2016–2025 103

Table 32: Power Market, Curacao, Cumulative Installed Capacity by Type (MW), 2006–2016 109

Table 33: Power Market, Curacao, Cumulative Installed Capacity by Type (MW), 2017–2025 111

Table 34: Power Market, Dominica, Cumulative Installed Capacity by Type (MW), 2006–2016 116

Table 35: Power Market, Dominica, Cumulative Installed Capacity by Type (MW), 2017–2025 119

Table 36: Power Market, Dominica, Installed Capacity Mix (%), 2016–2025 120

Table 37: Power Market, Dominican Republic, Cumulative Installed Capacity by Type (MW), 2006–2016 125

Table 38: Power Market, Dominican Republic, Announced Renewable Projects 127

Table 39: Power Market, Dominican Republic, Cumulative Installed Capacity by Type (MW), 2017–2025 128

Table 40: Power Market, Dominican Republic, Installed Capacity Mix (%), 2016–2025 129

Table 41: Power Market, Number of Net Metering Customers in the Dominican Republic, by Installation Size, 2014 131

Table 42: Power Market, El Salvador, Major Companies Involved in Power Generation 134

Table 43: Power Market, El Salvador, Cumulative Installed Capacity by Type (MW), 2006-2016 135

Table 44: Power Market, El Salvador, Cumulative Installed Capacity by Type (MW), 2017-2025 138

Table 45: Power Market, El Salvador, Installed Capacity Mix (%),2016-2025 139

Table 46: Power Market, El Salvador, Expected Installed Capacity Scenario, 2021 140

Table 47: Power Market, El Salvador, Expected Generation by Resource, 2021 141

Table 48: Power Market, Grenada, Cumulative Installed Capacity by Type (MW), 2006–2016 144

Table 49: Power Market, Grenada, Cumulative Installed Capacity by Type (MW), 2017–2025 146

Table 50: Power Market, Guatemala, Cumulative Installed Capacity by Type (MW), 2006–2016 152

Table 51: Power Market, Guatemala, Cumulative Installed Capacity by Type (MW), 2017–2025 154

Table 52: Power Market, Guatemala, Installed Capacity Mix (%),2016–2025 156

Table 53: Power Market, Guyana, Cumulative Installed Capacity by Type (MW), 2006–2016 161

Table 54: Power Market, Guyana, Cumulative Installed Capacity by Type (MW), 2017–2025 164

Table 55: Power Market, Guyana, Installed Capacity Mix (%), 2016–2025 165

Table 56: Power Market, Haiti, Cumulative Installed Capacity by Type (MW), 2006–2016 170

Table 57: Power Market, Haiti, Cumulative Installed Capacity by Type (MW), 2017–2025 173

Table 58: Power Market, Honduras, Cumulative Installed Capacity by Type (MW), 2006–2016 179

Table 59: Power Market, Honduras, Cumulative Installed Capacity by Type (MW), 2017–2025 181

Table 60: Power Market, Honduras, Installed Capacity Mix (%),2016–2025 182

Table 61: Power Market, Jamaica, Cumulative Installed Capacity by Type (MW), 2006–2016 189

Table 62: Power Market, Jamaica, Cumulative Installed Capacity by Type (MW), 2017–2025 192

Table 63: Power Market, Jamaica, Installed Capacity Mix (%), 2016–2025 193

Table 64: Power Market, Jamaica, Bids Received,2016 195

Table 65: Power Market, Montserrat, Cumulative Installed Capacity by Type (MW), 2017–2025 201

Table 66: Power Market, Nicaragua, Cumulative Installed Capacity by Type (MW), 2006–2016 206

Table 67: Power Market, Nicaragua, Cumulative Installed Capacity by Type (MW), 2017–2025 209

Table 68: Power Market, Nicaragua, Installed Capacity Mix (%), 2016–2025 210

Table 69: Power Market, Nicaragua: FiTs ($/MWh), 2016 211

Table 70: Power Market, Panama, Major Owners Installed Capacity Share (%), 2016 214

Table 71: Power Market, Panama, Cumulative Installed Capacity by Type (MW), 2006–2016 216

Table 72: Power Market, Panama, National Energy Plan, Installed Capacity by Source Type (MW), 2015–2050 218

Table 73: Power Market, Panama, Cumulative Installed Capacity by Type (MW), 2017–2025 219

Table 74: Power Market, Panama, Installed Capacity Mix (%), 2016–2025 220

Table 75: Power Market, Puerto Rico, Cumulative Installed Capacity by Type (MW), 2006–2016 226

Table 76: Power Market, Puerto Rico, Cumulative Installed Capacity by Type (MW), 2017–2025 229

Table 77: Power Market, Puerto Rico, Installed Capacity Mix (%),2016–2025 230

Table 78: Power Market, St Kitts and Nevis, Cumulative Installed Capacity by Type (MW), 2006–2016 235

Table 79: Power Market, St Kitts and Nevis, Cumulative Installed Capacity by Type (MW), 2017–2025 237

Table 80: Power Market, St Kitts and Nevis, Installed Capacity Mix (%), 2016–2025 239

Table 81: Power Market, St Lucia, Cumulative Installed Capacity by Type (MW), 2006–2016 242

Table 82: Power Market, St Lucia, Cumulative Installed Capacity by Type (MW), 2017–2025 244

Table 83: Power Market, St Lucia, Installed Capacity Mix (%), 2016–2025 246

Table 84: Power Market, Sint Maarten, Cumulative Installed Capacity by Type (MW), 2010–2016 249

Table 85: Power Market, Sint Maarten, Cumulative Installed Capacity by Type (MW), 2017–2025 251

Table 86: Power Market, NEP Actions, Sint Maarten, 2017-2020 253

Table 87: Power Market, NEP Actions, Sint Maarten, 2014-2025 253

Table 88: Power Market, St. Vincent and the Grenadines, Cumulative Installed Capacity by Type (MW), 2006–2016 256

Table 89: Power Market, St. Vincent and the Grenadines, Cumulative Installed Capacity by Type (MW), 2017–2025 258

Table 90: Power Market, Suriname, Cumulative Installed Capacity by Type (MW), 2006–2016 265

Table 91: Power Market, Suriname, Cumulative Installed Capacity by Type (MW), 2017–2025 267

Table 92: Power Market, Suriname, Installed Capacity Mix (%), 2016–2025 269

Table 93: Power Market, Trinidad and Tobago, Cumulative Installed Capacity by Type (MW), 2006–2016 273

Table 94: Power Market, Trinidad and Tobago, Cumulative Installed Capacity by Type (MW), 2017–2025 275

Table 95: Power Market, Trinidad and Tobago, Installed Capacity Mix (%), 2016–2025 276

Table 96: Power Market, Turks and Caicos Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 283

Table 97: Abbreviations 287

Figures

1.2 List of Figures

Figure 1: Power Market, CARICOM Countries, Cumulative Installed Capacity (MW), 2006–2016 20

Figure 2: Power Market, CARICOM Countries, Share of Total Installed Capacity by Fuel Type (%), 2006–2016 21

Figure 3: Power Market, CARICOM Countries, Cumulative Installed Capacity (MW), 2017–2025 22

Figure 4: Power Market, CARICOM Countries, Share of Total Installed Capacity by Fuel Type (%), 2017–2025 23

Figure 5: Power Market, Anguilla, Electric System 27

Figure 6: Power Market, Anguilla, Cumulative Installed Capacity by Type (MW), 2006–2016 28

Figure 7: Power Market, Anguilla, Installed Capacity Mix (%), 2016 29

Figure 8: Power Market, Anguilla, Cumulative Installed Capacity by Type (MW), 2017–2025 30

Figure 9: Power Market, Anguilla, Installed Capacity Mix (%),2016–2025 31

Figure 10: Power Market, Antigua and Barbuda, Electric System 33

Figure 11: Power Market, Antigua and Barbuda, Cumulative Installed Capacity by Type (MW), 2006–2016 35

Figure 12: Power Market, Antigua and Barbuda, Installed Capacity Mix (%), 2016 36

Figure 13: Power Market, Antigua and Barbuda, Cumulative Installed Capacity by Type (MW), 2017–2025 37

Figure 14: Power Market, Antigua and Barbuda, Installed Capacity Mix (%),2016–2025 38

Figure 15: Power Market, Aruba, Electric System 41

Figure 16: Power Market, Aruba, Cumulative Installed Capacity by Type (MW), 2006–2016 42

Figure 17: Power Market, Aruba, Installed Capacity Mix (%), 2016 43

Figure 18: Power Market, Aruba, Cumulative Installed Capacity by Type (MW), 2017–2025 44

Figure 19: Power Market, Aruba, Installed Capacity Mix (%),2016–2025 45

Figure 20: Power Market, Bahamas, Electricity System 49

Figure 21: Power Market, Bahamas, Cumulative Installed Capacity by Type (MW), 2006–2016 50

Figure 22: Power Market, Bahamas, Installed Capacity Mix (%), 2016 51

Figure 23: Power Market, Bahamas, Cumulative Installed Capacity by Type (MW), 2017–2025 53

Figure 24: Power Market, Bahamas, Installed Capacity Mix (%), 2016–2025 54

Figure 25: Power Market, Barbados, Electricity System 57

Figure 26: Power Market, Barbados, Cumulative Installed Capacity by Type (MW), 2006–2016 58

Figure 27: Power Market, Barbados, Installed Capacity Mix (%), 2016 59

Figure 28: Power Market, Barbados, Cumulative Installed Capacity by Type (MW), 2017–2025 61

Figure 29: Power Market, Barbados, Installed Capacity Mix (%),2016–2025 62

Figure 30: Power Market, Belize, Electric System 67

Figure 31: Power Market, Belize, Cumulative Installed Capacity by Type (MW), 2006–2016 68

Figure 32: Power Market, Belize, Installed Capacity Mix (%), 2016 69

Figure 33: Power Market, Belize, Cumulative Installed Capacity by Type (MW), 2017–2025 70

Figure 34: Power Market, Belize, Installed Capacity Mix (%),2016–2025 71

Figure 35: Power Market, Bermuda, Electricity System 75

Figure 36: Power Market, Bermuda, Cumulative Installed Capacity by Type (MW), 2006–2016 77

Figure 37: Power Market, Bermuda, Installed Capacity Mix (%), 2016 78

Figure 38: Power Market, Bermuda, Cumulative Installed Capacity by Type (MW), 2017–2025 79

Figure 39: Power Market, Bermuda, Installed Capacity Mix (%),2016–2025 80

Figure 40: Power Market, British Virgin Islands, Electricity System 83

Figure 41: Power Market, British Virgin Islands, Cumulative Installed Capacity by Type (MW), 2006–2016 84

Figure 42: Power Market, British Virgin Islands, Installed Capacity Mix (%), 2016 85

Figure 43: Power Market, British Virgin Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 86

Figure 44: Power Market, British Virgin Islands, Installed Capacity Mix (%),2016–2025 87

Figure 45: Power Market, Cayman Islands, Electricity System 90

Figure 46: Power Market, Cayman Islands, Cumulative Installed Capacity by Type (MW), 2006–2016 91

Figure 47: Power Market, Cayman Islands, Installed Capacity Mix (%), 2016 92

Figure 48: Power Market, Cayman Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 94

Figure 49: Power Market, Cayman Islands, Installed Capacity Mix (%), 2016–2025 95

Figure 50: Power Market, Costa Rica, Electricity System 98

Figure 51: Power Market, Costa Rica, Cumulative Installed Capacity by Type (MW), 2006–2016 99

Figure 52: Power Market, Costa Rica, Installed Capacity Mix (%), 2016 100

Figure 53: Power Market, Costa Rica, Cumulative Installed Capacity by Type (MW), 2017–2025 102

Figure 54: Power Market, Costa Rica, Installed Capacity Mix (%),2016–2025 103

Figure 55: Power Market, Curacao, Electric System 107

Figure 56: Power Market, Curacao, Cumulative Installed Capacity by Type (MW), 2006–2016 108

Figure 57: Power Market, Curacao, Installed Capacity Mix (%), 2016 109

Figure 58: Power Market, Curacao, Cumulative Installed Capacity by Type (MW), 2017–2025 111

Figure 59: Power Market, Curacao, Installed Capacity Mix (%),2016–2025 112

Figure 60: Power Market, Dominica, Electric System 115

Figure 61: Power Market, Dominica, Cumulative Installed Capacity by Type (MW), 2006–2016 116

Figure 62: Power Market, Dominica, Installed Capacity Mix (%), 2016 117

Figure 63: Power Market, Dominica, Cumulative Installed Capacity by Type (MW), 2017–2025 118

Figure 64: Power Market, Dominica, Installed Capacity Mix (%),2016–2025 119

Figure 65: Power Market, Dominican Republic, Electric System 123

Figure 66: Power Market, Dominican Republic, Cumulative Installed Capacity by Type (MW), 2006–2016 125

Figure 67: Power Market, Dominican Republic, Installed Capacity Mix (%), 2016 126

Figure 68: Power Market, Dominican Republic, Cumulative Installed Capacity by Type (MW), 2017–2025 128

Figure 69: Power Market, Dominican Republic, Installed Capacity Mix (%),2016–2025 129

Figure 70: Power Market, El Salvador, Electric System 133

Figure 71: Power Market, El Salvador, Cumulative Installed Capacity by Type (MW), 2006-2016 135

Figure 72: Power Market, El Salvador, Installed Capacity Mix (%), 2016 136

Figure 73: Power Market, El Salvador, Cumulative Installed Capacity by Type (MW), 2017-2025 138

Figure 74: Power Market, El Salvador, Installed Capacity Mix (%),2016-2025 139

Figure 75: Power Market, Grenada, Electricity System 143

Figure 76: Power Market, Grenada, Cumulative Installed Capacity by Type (MW), 2006–2016 144

Figure 77: Power Market, Grenada, Installed Capacity Mix (%), 2016 145

Figure 78: Power Market, Grenada, Cumulative Installed Capacity by Type (MW), 2017–2025 146

Figure 79: Power Market, Grenada, Installed Capacity Mix (%), 2016–2025 147

Figure 80: Power Market, Guatemala, Electric System 151

Figure 81: Power Market, Guatemala, Cumulative Installed Capacity by Type (MW), 2006–2016 152

Figure 82: Power Market, Guatemala, Installed Capacity Mix (%), 2016 153

Figure 83: Power Market, Guatemala, Cumulative Installed Capacity by Type (MW), 2017–2025 154

Figure 84: Power Market, Guatemala, Installed Capacity Mix (%),2016–2025 155

Figure 85: Power Market, Guyana, Electric System 160

Figure 86: Power Market, Guyana, Cumulative Installed Capacity by Type (MW), 2006–2016 161

Figure 87: Power Market, Guyana, Installed Capacity Mix (%), 2016 162

Figure 88: Power Market, Guyana, Cumulative Installed Capacity by Type (MW), 2017–2025 163

Figure 89: Power Market, Guyana, Installed Capacity Mix (%),2016–2025 165

Figure 90: Power Market, Haiti, Electric System 168

Figure 91: Power Market, Haiti, Cumulative Installed Capacity by Type (MW), 2006–2016 170

Figure 92: Power Market, Haiti, Installed Capacity Mix (%), 2016 171

Figure 93: Power Market, Haiti, Cumulative Installed Capacity by Type (MW), 2017–2025 173

Figure 94: Power Market, Haiti, Installed Capacity Mix (%),2016–2025 174

Figure 95: Power Market, Honduras, Electric System 178

Figure 96: Power Market, Honduras, Cumulative Installed Capacity by Type (MW), 2006–2016 179

Figure 97: Power Market, Honduras, Installed Capacity Mix (%), 2016 180

Figure 98: Power Market, Honduras, Cumulative Installed Capacity by Type (MW), 2017–2025 181

Figure 99: Power Market, Honduras, Installed Capacity Mix (%),2016–2025 182

Figure 100: Power Market, Jamaica, Electric System 188

Figure 101: Power Market, Jamaica, Cumulative Installed Capacity by Type (MW), 2006–2016 189

Figure 102: Power Market, Jamaica, Installed Capacity Mix (%), 2016 190

Figure 103: Power Market, Jamaica, Cumulative Installed Capacity by Type (MW), 2017–2025 191

Figure 104: Power Market, Jamaica, Installed Capacity Mix (%),2016–2025 192

Figure 105: Power Market, Montserrat, Electric System 198

Figure 106: Power Market, Montserrat, Cumulative Installed Capacity by Type (MW), 2006–2016 199

Figure 107: Power Market, Montserrat, Cumulative Installed Capacity by Type (MW), 2017–2025 201

Figure 108: Power Market, Montserrat, Installed Capacity Mix (%),2016–2025 202

Figure 109: Power Market, Nicaragua, Electricity System 205

Figure 110: Power Market, Nicaragua, Cumulative Installed Capacity by Type (MW), 2006–2016 206

Figure 111: Power Market, Nicaragua, Installed Capacity Mix (%), 2016 207

Figure 112: Power Market, Nicaragua, Cumulative Installed Capacity by Type (MW), 2017-2025 208

Figure 113: Power Market, Nicaragua, Installed Capacity Mix (%), 2016–2025 210

Figure 114: Power Market, Panama, Electricity System 214

Figure 115: Power Market, Panama, Cumulative Installed Capacity by Type (MW), 2006–2016 216

Figure 116: Power Market, Panama, Installed Capacity Mix (%), 2016 217

Figure 117: Power Market, Panama, Cumulative Installed Capacity by Type (MW), 2017–2025 219

Figure 118: Power Market, Panama, Installed Capacity Mix (%), 2016–2025 220

Figure 119: Power Market, Puerto Rico, Electric System 224

Figure 120: Power Market, Puerto Rico, Cumulative Installed Capacity by Type (MW), 2006–2016 226

Figure 121: Power Market, Puerto Rico, Installed Capacity Mix (%), 2016 227

Figure 122: Power Market, Puerto Rico, Cumulative Installed Capacity by Type (MW), 2017–2025 229

Figure 123: Power Market, Puerto Rico, Installed Capacity Mix (%),2016–2025 230

Figure 124: Power Market, St. Kitts and Nevis, Electric System 234

Figure 125: Power Market, St Kitts and Nevis, Cumulative Installed Capacity by Type (MW), 2006–2016 235

Figure 126: Power Market, St Kitts and Nevis, Installed Capacity Mix (%), 2016 236

Figure 127: Power Market, St Kitts and Nevis, Cumulative Installed Capacity by Type (MW), 2017–2025 237

Figure 128: Power Market, St Kitts and Nevis, Installed Capacity Mix (%),2016–2025 238

Figure 129: Power Market, St Lucia, Electric System 241

Figure 130: Power Market, St Lucia, Cumulative Installed Capacity by Type (MW), 2006–2016 242

Figure 131: Power Market, St Lucia, Installed Capacity Mix (%), 2016 243

Figure 132: Power Market, St Lucia, Cumulative Installed Capacity by Type (MW), 2017–2025 244

Figure 133: Power Market, St Lucia, Installed Capacity Mix (%),2016–2025 245

Figure 134: Power Market, Sint Maarten, Electricity System 248

Figure 135: Power Market, Sint Maarten, Cumulative Installed Capacity by Type (MW), 2010–2016 249

Figure 136: Power Market, Sint Maarten, Installed Capacity Mix (%), 2016 250

Figure 137: Power Market, Sint Maarten, Cumulative Installed Capacity by Type (MW), 2017–2025 251

Figure 138: Power Market, Sint Maarten, Installed Capacity Mix (%),2016–2025 252

Figure 139: Power Market, St. Vincent and the Grenadines, Electric System 255

Figure 140: Power Market, St. Vincent and the Grenadines, Cumulative Installed Capacity by Type (MW), 2006–2016 256

Figure 141: Power Market, St. Vincent and the Grenadines, Installed Capacity Mix (%), 2016 257

Figure 142: Power Market, St. Vincent and the Grenadines, Cumulative Installed Capacity by Type (MW), 2017–2025 258

Figure 143: Power Market, St. Vincent and the Grenadines, Installed Capacity Mix (%),2016–2025 259

Figure 144: Power Market, Suriname, Electric System 263

Figure 145: Power Market, Suriname, Cumulative Installed Capacity by Type (MW), 2006–2016 265

Figure 146: Power Market, Suriname, Installed Capacity Mix (%), 2016 266

Figure 147: Power Market, Suriname, Cumulative Installed Capacity by Type (MW), 2017–2025 267

Figure 148: Power Market, Suriname, Installed Capacity Mix (%),2016–2025 268

Figure 149: Power Market, Trinidad and Tobago, Electric System 272

Figure 150: Power Market, Trinidad and Tobago, Cumulative Installed Capacity by Type (MW), 2006–2016 273

Figure 151: Power Market, Trinidad and Tobago, Installed Capacity Mix (%), 2016 274

Figure 152: Power Market, Trinidad and Tobago, Cumulative Installed Capacity by Type (MW), 2017–2025 275

Figure 153: Power Market, Trinidad and Tobago, Installed Capacity Mix (%),2016–2025 276

Figure 154: Power Market, Turks and Caicos Islands, Electricity System 280

Figure 155: Power Market, Turks and Caicos Islands, Cumulative Installed Capacity by Type (MW), 2006–2016 281

Figure 156: Power Market, Turks and Caicos Islands, Installed Capacity Mix (%), 2016 282

Figure 157: Power Market, Turks and Caicos Islands, Cumulative Installed Capacity by Type (MW), 2017–2025 283

Figure 158: Power Market, Turks and Caicos Islands, Installed Capacity Mix (%),2016-2025 284

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