Prospects of 2kw energy storage power supply field in Havana

Does Cuba need a redesigned energy sector?

Concerns over Cuba's dependence on Venezuela are translating into the need for a fundamentally redesigned energy sector and more flexibility for investors. The pandemic has accentuated Cuba’s need to diversify and move from oil-generated energy to renewable sources of energy (RES).

What types of energy systems are covered in Cuba?

Coverage includes generation and storage systems, renewable energy installations (hydropower, solar PV, wind, biomass, ocean, and solar thermal), electrical grid history and characteristics, and an analysis of Cuba’s electrical energy resiliency.

How much energy does Cuba produce?

Oil and natural gas provide roughly 80% of Cuba's total energy supply, with biofuels and waste accounting for most of the remaining 20%. In 2020, 95.1% of electricity generated in Cuba came from non renewable resources and the remaining 4.9% from renewable sources (3% biomass, 0.8% solar, 0.6% hydro, and 0.5% wind).

What is Cuba's energy supply?

This page is part of Global Energy Monitor 's Latin America Energy Portal. Oil and natural gas provide roughly 80% of Cuba's total energy supply, with biofuels and waste accounting for most of the remaining 20%.

What are the major energy companies in Cuba?

UNE (Unión Eléctrica) is responsible for the generation, transmission, distribution, and commercialization of electrical energy. CUPET (Unión Cuba-Petróleo) is the state-owned oil firm and Cuba's largest oil company. Other companies operating in Cuba's energy sector include Energas, Inter RAO, Zerus, Havana Energy, and Siemens.

Which res companies are based in Cuba?

Some RES foreign companies with a presence in the Cuban market include Iberdrola SA, Hive Energy Ltd, Vestas Wind Systems, Shanghai Electric Group Ltd, Yingli Goldwind International Holding HK Ltd, Indian state-run energy company NTPC Ltd and Havana Energy.