Jamaica’s energy future is being secured through Goal 7: Jamaica’s industry structures embracing eco-efficiency for advancing international competitiveness, and moving towards building a green economy.
To provide high-quality, affordable, environmentally-friendly energy and reduce the country’s dependence on high-cost imported oil, a comprehensive program of efficiency improvement and energy diversification is required for Jamaica.
Goal 2: Jamaica's energy sector aims to have a modernized and expanded infrastructure that enhances energy generation capacity and ensures that energy supplies are safely, reliably, and affordably transported to homes, communities, and productive sectors on a sustainable basis.
The Petroleum Corporation of Jamaica, as stated in the Petroleum Act of 1979, works towards implementing Jamaica’s national energy policy while promoting sustainable development, not only in energy, but also in other areas of national importance, with the aim of fostering energy security.
The primary source of energy in Jamaica is imported oil. The Jamaican economy is characterized by high energy intensity and low efficiency and is almost completely dependent on it. Petroleum consumption is concentrated in three areas, namely: bauxite/alumina, power generation and transport.
Electricity is vital to the stability of Jamaican society and plays a critical role in the viability and modernization of the Jamaican economy. It is often considered as the main life blood for development and the improvement in the standard of living of the people in Jamaica.