Caribbean energy: devastation and opportunity
Governments want to remake their electric grids
The hurricanes that swept through the Caribbean late last year took a devastating toll on islands across the region. Hurricane Irma's 185-mile-per-hour winds flattened entire communities, while epic downpours turned streets to rivers. The region's electric grids were devastated. Five months after the storms had come and gone, a third of Puerto Ricans were still without power, and other islands' systems have been similarly slow to come back. The devastation has given renewed impetus to an effort to remake the region's energy system. Governments across the Caribbean have complained for decades that importing diesel and fuel oil to generate the vast majority of its power is both too costly and
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






