How has the Davis administration reformed the energy system in the Bahamas?

rgy ReformAPRIL 2025 Summary The Davis Administration has embarked on the most ambitious and far-reaching reform of the energy se tor in the history of The Bahamas. This reform is guided by the understanding that energy is central to national development and that the longstanding failures in the electricity syste

Why did the Bahamas start pursuing alternative energy sources?

Because of the instability of the global oil supply and the environmental damage associated with fossil fuels, the Bahamas began actively pursuing alternative energy sources in the twenty-first century. Climate change and rising sea levels are a particular concern to low-lying island nations such as the Bahamas.

Why does the Bahamas rely on fossil fuels?

Both the BEC and Grand Bahama Power rely entirely on fossil fuels to power their operations. Because of the instability of the global oil supply and the environmental damage associated with fossil fuels, the Bahamas began actively pursuing alternative energy sources in the twenty-first century.

How does energy affect the Bahamian economy?

riers across the Bahamian economy. Energy expenditures ranked among the top cost drivers for businesses, particularly in tourism, logi tics, manufacturing, and services. With energy prices fluctuating between $0.28 and $0.35 per kilowatt-hour, and fuel surcharges tied to volatile oil markets, operational planning and

Why should the Bahamas invest in PPPs?

ulatory clarity and replicability. By embedding PPPs into the foundation of the energy transition, The Bahamas is not only delivering infrastructure— it is building an enduring platform for investment in Bahamian talent and enterprise, laying the groundwo

Did Bahamian electricity reforms teeter on the edge of collapse?

transformation was greater still. The reforms that followed were not e: Stabilizing a Collapsing SystemBy late 2021, it was evident that the Bahamian electricity sector was teetering on the edge of collapse. BPL was insolvent, the generation system was failing, and the grid infrastr