Government plans to produce 29% of electricity with renewable energy by 2030

El Gobierno prevé producir el 29% de la electricidad con energías renovables hasta 2030

HAVANA, Feb. 4th. By 2030, Cuba aims to produce 29 percent of the electricity it consumes from renewable energy sources, according to the island’s Government plans.The difficult goal includes ensuring that entities that traditionally consume energy become autonomous generators of electricity from the aforementioned sources and that, in addition, they contribute part of the load of the National Electroenergy System.

In fact, such aspirations are more ambitious than those raised so far, since for years there had been talking of 24 percent of the energy matrix, which now increases another five percentage points.

The data was released in a videoconference between Cuban President Miguel Díaz-Canel and businessmen and officials of the Caribbean nation.

According to Díaz-Canel, a team of experts from several universities and various state entities are currently working on a “new policy for the energy transition” as well as its regulatory framework.

According to official data from the Ministry of Science, Technology and Environment, currently, 95 percent of the Cuban energy matrix is based on the use of fossil fuels, and five percent on renewable energy.

The enormous leap proposed in the government’s plan is, according to the Cuban president, “accomplishable.” Furthermore, the president explains that he is working towards it.

“We have to import high amounts of fuel, and to the extent that we resolve the energy issue, we will have more foreign currency for other things that today are practically subordinated to the fuel that is acquired for electricity generation, which does not allow us to support productive processes,” he noted.

If the projection regarding renewable energy sources is ambitious, the generation plan with national products is even more ambitious.

The Cuban president proposed that by the 2030s the country must reach 100 percent of electricity generation with national energy sources. That is, achieving energy self-sufficiency between renewable sources and crude oil and accompanying gas.

On the other hand, the island’s authorities consider that by 2050 Cuba must have completed the energy transition, which would be able to produce all the electricity it needs with renewable energy sources.

On more than one occasion, panels of international experts have explained that Cuba has great potential for the use of renewable energy sources, with emphasis on photovoltaic energy and the use of wind in some regions of the nation.

This, however, collides with the financing deficit and the difficult economic situation of the island. Renewable energy is a great savings in the long term and the development it represents pushes other economic sectors, but it requires million-dollar investments that the Caribbean country currently has no way of facing.