How is energy used in Cuba?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

How much energy will Cuba generate by 2025?

In 2019, Cuba signed an agreement with the United Nations for Project 180087, committing to generate 29% of its energy from renewable sources by 2025. The project was scheduled to conclude on June 30, 2023, with a budget of $3.4 million. The Cuban state forecasts generating 30,000 GWh by 2030, an almost unattainable goal.

Will Cuba build a new thermoelectric plant in 2023?

The project was scheduled to conclude on June 30, 2023, with a budget of $3.4 million. The Cuban state forecasts generating 30,000 GWh by 2030, an almost unattainable goal. Not only are there no plans to build new thermoelectric plants, but the National Electric Union (UNE) currently supplies only 56.6% of the energy it provided five years ago.

Where does Cuba's energy supply come from?

Cuba’s energy supply mainly comes from oil products, accounting for over 80% of power generation.

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.

How can Cuba speed up its energy transition?

Cuba must speed up their energy transition in order to meet their renewables goal while also generating reliable, affordable electricity. Attracting vital foreign direct investment is critical for the Cuban energy transition.