Three reports published on Thursday by the Abu Dhabi-based International Renewable Energy Agency (Irena) said that developing the renewable energy resources of Fiji, the Marshall Islands and Vanuatu, would benefit their residents significantly.
The assessments for the three island nations found a combination of solar, wind, geothermal, marine, biomass and biofuel could meet domestic energy needs while decreasing electricity costs.
“Renewable energy is no longer just the best choice socially and environmentally, it is also the best choice economically for many countries in many parts of the world,” said Irena director-general, Adnan Amin.
According to the report, the development of local renewable resources in these island nations would decrease their dependency on fuel imports and reduce risks associated with oil price volatility.
newsdesk@thenational.ae
