The Government of Bermuda is creating a National Fuels Policy (‘the Policy’) to direct the fuels sector towards an affordable, sustainable, safe, and secure energy future, in line with international best practice.
Public concerns over the high costs of imported fossil fuels, and an increased understanding of how they impact the environment and public health, indicate the need to chart a more sustainable course for the energy sector. Historically, Bermuda has imported fossil fuels to meet energy needs for transport, to generate electricity, and for stationary uses such as heating and cooking in homes and businesses. All sectors of the economy are therefore dependent on imported fuels.
The Electricity Policy (2015) and Electricity Act (2016) acknowledge Bermuda’s dependence on fossil fuels and the benefits of diversifying the electricity matrix. They promote using cleaner energy sources and technologies for electricity generation, while prioritising economic efficiency. The National Fuels Policy acknowledges and builds on the purposes of the Electricity Policy and Act, expanding their focus to consider all the ways that fuels provide energy in Bermuda.
This Policy defines ‘fuels’ as materials that are burned to generate energy for electricity, transport, and stationary uses. Read more on National Fuels Policy of Bermuda