— Prime Minister Gaston Browne says existing fossil fuel power contracts with APC and EIG are slowing Antigua and Barbuda’s transition to renewable electricity as the government considers a major expansion of solar generation.
Existing Power Contracts Slowing
Speaking on the Browne and Browne programme on Saturday, Oct. 24, Browne identified the agreements as part of the difficulty in moving more quickly towards alternative energy sources.
“I have to admit that part of our problem in terms of how fast we can transition, we have these fossil fuel contracts with APC and EIG,” he said.
Browne did not outline the terms or expiry dates of the contracts, or announce any agreement to amend them.
He argued that falling renewable energy costs had strengthened the case for accelerating the transition, particularly during periods of high oil prices.
The prime minister said dependence on imported fossil fuels exposed consumers and the government to price increases, while renewable generation could provide greater stability.
“By transitioning into renewables, we will have greater price stability in the future,” he said.
Browne acknowledged public frustration over electricity costs, referring to a recent protest against APUA. He said international fuel prices were driving the pressure.
The government is considering installing approximately 40 to 50 megawatts of solar capacity within two years, he said, while retaining diesel generating equipment as backup.
Browne said existing engines could support electricity supplies when renewable output falls or equipment is affected by other disruptions. He also acknowledged that battery storage limitations meant conventional generation would remain necessary.
“You still need base load. You still need the diesel power,” he said.
The prime minister linked the national plans to a wider financing initiative he has been helping to advance within the Organisation of Eastern Caribbean States.
He outlined possible funding from central bank loans, climate grants and public and private investment to help countries expand renewable generation. Those arrangements have not been finalised.
Browne also said the ownership structure under consideration would give Antiguans and Barbudans an opportunity to buy shares in the renewable energy venture.
He did not announce a final project cost, construction start date or timetable for resolving the contractual obstacles he identified
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