Does Cuba have a problem with renewables?

Cuba’s limitations on operating reserves of the electricity system and storing the energy produced by intermittent sources is also clearly hindering the wider adoption of renewables and remains a critical factor while examining the right balance of the installed capacity of renewables .

Can Cuba produce electricity from renewable sources?

Cuba has a high electrification rate and a highly distributed electricity generation system and could facilitate realization of the potential, resulting in electricity production of 26 TWh from renewable sources annually .

Can Cuba move to 100% renewables?

Despite the politically-motivated economic sanctions, Cuba may have what it takes to move to 100% renewables. This entails, however, innovative solutions and, most crucially, financing from all possible sources: international and domestic.

Does Cuba have a vision for renewables?

Although Cuba has been able to direct USD 500 million of investments to renewables since 2014, the achievement of the government’s vision is significantly lagging behind, resulting in only 4.5% of renewables contributing to electricity production in 2021 [23, 33].

Does Cuba rely on fossil fuels?

Cuba’s power system is currently heavily reliant on fossil fuels. In 2022, fossil fuels accounted for about 95% of electricity generation, and about 48% of the fossil fuels used were imported, putting the country at high risk of price shocks and supply shortages.

Is Cuba facing a severe economic crisis?

Compounding these problems, Cuba is facing a severe economic crisis, with rising inflation, decreased exports, and the introduction of austerity measures. Overcoming these energy challenges amidst the economic crisis will be extremely difficult.