GEA continues to monitor and record wind data (speed and direction) around Guyana to a gain better understanding of the available wind resource in different locations with a view of developing utility scale wind farms.
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The Ministry of Public Infrastructure (MOPI) has commenced the installation of four wind measurement stations along the Atlantic Coast at a cost of more than $33.5Million (US$160,000) to determine the potential
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According to reports, the project will cost an estimated US$35 million. And it is part of a wider plan to diversify Guyana''s energy production, thereby reducing reliance on fossil fuels such as diesel, which emit gases
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Guyana's geographic location makes offshore wind a viable alternative for renewable energy production. However, current regulatory hurdles are likely to stymie investment in this technology in Guyana.
The Guyana Energy Agency is responsible for overseeing feasibility studies for the integration of renewable energy programs in Guyana and has regulatory oversight over certain aspects of the energy industry, in addition to the Ministry of Public Works.
Guyana's geographic location makes offshore wind a viable alternative to a central electricity grid. However, current regulatory hurdles are likely to stymie investment in this technology. Solar power generation units are attractive options for companies that wish to avoid the unreliable and expensive central electricity grid.
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