Belize can save over a billion dollars
Switching to energy efficient equipment can save the Government millions of dollars in electricity, says the Ministry of Energy Science and Technology and Public Utilities.
Referencing preliminary findings from a study conducted last year by consultants, Project Manager for renewable energy projects in the Ministry of Energy, Jorge Aldana said the preliminary findings have targeted key areas where substitutions can be made to decrease energy intensity.
From 2012 to 2033, Belize can save an estimated $1.6254 billion, in electricity, just by becoming more energy efficient, Aldana explained.
Streets lights, which he says costs government some $14 million a year was identified as an area where energy efficient bulbs could vastly reduce the amount spent.
Air conditioning units in government buildings, which account for 72 percent of electricity usage in small government buildings, is another example of, where consumption can be reduced by up to 40 percent.
Aldana explained that the study shows an estimated rise in the need for electricity by 2033, “which if the current systems remain unchanged will cost government millions to import”.
Aldana also emphasized that the data is still not public and is subject to change, with the full report being expected sometime this year.
In July 2013, the Ministry of Energy Science and Technology and Public Utilities, entered into a technical cooperation with Inter-American Development Bank, to conduct the study to establish a baseline for energy efficiency and the potential for renewable energy in Belize.
The study was conducted by the international firm, Castalia Strategic Advisors, who conducted “energy audits” on government buildings, as well as some private sector participants. Corozal Daily