Where does the energy in Belize come from?

Almost half the energy in Belize comes from hydroelectric power and biomass. BEL purchases 71.5% of its electricity from five domestic independent power producers (IPPs) which produce much of the remaining energy—about 55.6%—of all the electrical needs of the country, and about 40% from a Mexican government-owned electric utility.

What is the energy transition plan for Belize?

The government of Belize (GoB) has laid out its Gas and Electricity transition plan and goals, including an increase in renewables to 85% by 2033 and a reduction in energy intensity; energy intensity measures how much energy is required to produce one unit of economic output and is an indicator of climate change’s effects on economies.

How much does electricity cost in Belize?

Belize’s utility rates are approximately $0.22 per kilowatt-hour (kWh), lower than the Caribbean regional average of $0.33/kWh because of existing renewable energy projects, but still high compared with U.S. mainland rates.

Is Belize a good place for solar power?

Belize’s abundant sunshine makes it an ideal location for solar power. Indeed, in 2018, its first utility-scale solar plant opened for business – quickly growing in popularity to eventually account for more than half of the country’s electricity production.

How can Belize achieve a low-carbon community by 2033?

This strategy estab-lishes a framework for transitioning Belize’s energy sector and recommends programs and action plans for achieving a low-carbon community by 2033 through improved energy eficiency and conservation measures as well as increased development of the country’s renewable energy resources.

How many kilowatts can a private company generate in Belize?

Private entities are allowed to generate up to 75 kilowatts of power, after which licensing requirements apply. Almost half the energy in Belize comes from hydroelectric power and biomass.