Barbados National Energy Policy

The policy sets forth a number of objectives, and a Strategic framework aligned with achieving these objectives. The objectives include: Provision of adequate and affordable energy to all sectors of society; Energy efficiency in production, storage, distribution and end-use; Reduced dependence on fossil fuels and development of renewable energy technologies (RETs); Implementation of regulation, economic and market-oriented approaches to promote competition in petroleum and electricity sectors and promotion of best practice (industrial and environmental); Promotion of research and development in energy efficiency, oil and gas exploration and RET; Increased exploration and use of oil and gas resources; Enhanced private sector participation in the energy sector.