What is Bermuda's 'preferred portfolio'?

The “preferred portfolio” proposed in the Regulatory Authority of Bermuda’s 2023 Integrated Resource Plan would add an extra ten years to the life of the Belco utility plant’s East Power Station engines, and would deliver “85 per cent renewable energy by 2040”, cutting carbon emissions by 82 per cent by 2043 compared with 2022 levels.

Is biomass a source of electricity in Bermuda?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Bermuda: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

Are offshore renewable resources needed in Bermuda?

“Due to Bermuda’s land constraints, offshore renewable resources are needed to reach higher levels of renewable generation. “Floating solar resources have previously been mostly in ponds and reservoirs but are more recently being developed for the ocean.