At CARIF 2026, I joined regional energy leaders to address the core challenge facing Caribbean utilities: how do we modernize and build grid resilience while keeping tariffs affordable and attracting long-term capital?
The reality is that we cannot simply tax or tariff our way to a resilient grid. We have to grow our way there.
In Jamaica, a modest 0.5% growth in revenue can unlock roughly US$7–9 million in additional grid investment, enabling critical modernization without burdening consumers with higher rates. A credible growth agenda—driven by transport electrification, port shore power, and regional integration—is the most sustainable path forward.
While we aggressively push for renewables, true resilience demands pragmatism. During Hurricane Melissa, dispatchable generation kept key parts of our island powered when solar and wind were offline. Renewables are essential, but diversification and dispatchable backup are non-negotiable for national security.
Modernization is no longer optional. Fast utility restoration after Melissa helped shorten Jamaica’s projected economic recovery timeline by an entire year. That isn’t just about turning lights back on—it is about restoring hope and driving economic survival.
To solve the Caribbean utility trilemma, our formula must remain clear: Growth + Governance + Operational Excellence + Diversification = An Investable, Resilient Caribbean. ⚡🇯🇲
