Belize wants to become less energy dependent on Mexico

Belize wants to become less energy dependent on Mexico

The Government of Belize and the Millennium Change Corporation (MCC) are hoping to steer the country away from being energy dependent on Mexico. Belize relies on Mexico for 44 percent of its yearly energy supply and is volatile to changes in the country’s energy sector. GOB, through a US ten-million-dollar grant, is looking at how it can change the narrative by strengthening the country’s renewable energy sector. Prime Minister Briceno explained that over the next five years, GOB will be using twenty percent of the grant to conduct rigorous studies in the energy sector. 

The MCC’s Deputy Vice President of the Latin American Region, Jonathan Brooks, and CEO of the Ministry of Economic Development, Dr. Osmond Martinez, both explained that firstly the governments need to work with the private sector on lowering the wholesale cost of electricity. 

Related post

Attorney Orson Elrington Ordered to Pay Compensation; Pastor Dozie Awaits Payment

Attorney Orson Elrington Ordered to Pay Compensation; Pastor Dozie…

Pastor Dozie – he is the man that filed a complaint against Attorney Orson Elrington over professional misconduct.  Elrington was found…
No Snap Election in 2024: PM Briceno Remains Tight-Lipped on Election Date

No Snap Election in 2024: PM Briceno Remains Tight-Lipped…

Earlier this month, we reported on a possible general election within the first half of 2025.  It is a piece of…
Dr. Osmond Martinez Wins Toledo East with Sweeping Victory

Dr. Osmond Martinez Wins Toledo East with Sweeping Victory

Dr. Osmond Martinez is the new Area Representative for the Toledo East constituency after securing a sweeping three-to-one victory yesterday against…

Leave a Reply

Your email address will not be published. Required fields are marked *