The Caribbean island country is eyeing billions of investment in energy storage. Image: P. Hughes.
The government of Barbados has created a national energy storage policy and sees billions of investment potential in the sector, a minister has said.
Minister of Energy Kerrie Symmonds said on Monday (22 August) that the government had created the policy with the anticipation that storage would be the next frontier in renewable energy investment, according to local news outlet Barbados Today.
The most significant part of the policy is that all large-scale renewable resources, “such as five or ten megawatts”, Symmonds said, would have to include energy storage.
The plan is to have centralised energy storage assets owned by utilities as well as privately-owned systems, including small systems owned by households, for which the government has so far granted…