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Martinique

Critical minerals, policy, and the energy transition

The Energy Transition in Martinique

Martinique’s energy transition is closely tied to France’s national decarbonisation strategy and the European Union’s climate goals, as the island is an overseas department of France. The current energy mix remains reliant on imported fossil fuels, though renewable energy sources, particularly solar PV, biomass, and wind are playing an increasing role. The Multi-Year Energy Programme (Programmation Pluriannuelle de l'Énergie, PPE) for Martinique sets out targets to achieve 50% renewable electricity generation by 2030, focusing on solar expansion, biomass cogeneration, and energy storage to stabilise the grid and reduce diesel dependency. Martinique benefits from EU funding mechanisms and French climate initiatives, which support renewable infrastructure development and grid modernisation. There is no domestic production of critical minerals on the island, with full reliance on imports for key materials such as lithium, cobalt, nickel, and rare earth elements needed for renewable technologies and battery systems. Core challenges include intermittent renewable generation, hurricane risks, and energy storage needs. However, Martinique’s access to European climate finance, strong policy frameworks, and regional cooperation through CARICOM and OECS position the island to advance its energy transition, enhance energy security, and promote sustainable, low-carbon growth within the Caribbean.

Martinique's role as an overseas territory in France's international economic, trade, and security alliances

Critical Minerals, Energy, Policy and Legislation

SFA (Oxford) leads the way offering authoritative analysis of national policies to critical minerals management.

Central America and the Caribbean

Central America and the Caribbean's geothermal and bauxite resources are central to regional energy strategies. The economic emphasis is leveraging geothermal potential for sustainable energy and exploiting bauxite within environmentally sensitive frameworks.

Rare Earths Elements

Critical components powering the global economy, from high-tech consumer electronics to essential renewable energy technologies.

Minor Metals and Minerals

Minor metals play a pivotal role in advancing the energy transition by enabling significant improvements in energy efficiency and the performance of clean energy technologies.

Meet the Critical Minerals team

Trusted advice from a dedicated team of experts.

Henk de Hoop

Chief Executive Officer

Beresford Clarke

Managing Director: Technical & Research

Jamie Underwood

Principal Consultant

Ismet Soyocak

ESG & Critical Minerals Lead

Rj Coetzee

Senior Market Analyst: Battery Materials and Technologies

How can we help you?

SFA (Oxford) provides bespoke, independent intelligence on the strategic metal markets, specifically tailored to your needs. To find out more about what we can offer you, please contact us.

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