Saint Lucia finds itself in a precarious “energy waiting room.” Despite a bold national target of reaching 50% renewable energy by 2030, the island remains heavily dependent on imported diesel to meet nearly all its electricity needs. The sector is anchored by a utility holding an 80-year exclusive license, while the legislative reforms intended to invite private competition remain stalled or incomplete. As international oil prices fluctuate, the urgency to move from diesel dependency to a transparent market has never been higher, which could ensure long-term energy security for its tourism-driven economy.
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