Background & Rationale Grenada relies heavily on imported fossil fuels, which expose the country to volatile oil prices, contribute to carbon emissions, and limit energy security. At the same time, Grenada's coastal geography and consistent wave patterns offer untapped potential for marine-based renewable energy. Wave energy harnesses the kinetic power of ocean waves to generate electricity. Unlike solar and wind, it offers consistent power generation and can significantly complement existing renewable energy systems. Developing a wave energy park would:
Contribute to Grenada’s goal of achieving 100% renewable energy by 2030.
Lower electricity costs and improve energy resilience.
Attract green investments and create local employment.
Reduce greenhouse gas emissions and environmental degradation.
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