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Saint Vincent and the Grenadines

Critical minerals, policy, and the energy transition

The Energy Transition in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines’ energy transition is driven by its strategic focus on reducing fossil fuel dependence, improving energy security, and building climate resilience across its multi-island geography. The nation’s current energy mix remains heavily reliant on imported diesel, but renewable energy development—particularly hydropower, solar PV, and emerging geothermal potential, forms a central part of national energy planning. The National Energy Policy and the Sustainable Energy Action Plan, along with commitments under its Nationally Determined Contributions (NDCs), outline targets to scale renewable integration and promote energy efficiency. Hydropower has long contributed to the country’s energy mix, and the Geothermal Development Project at La Soufrière remains a key initiative aimed at providing stable, renewable baseload power. There is no domestic production of critical minerals in Saint Vincent and the Grenadines, with full reliance on imports for essential materials like lithium, cobalt, nickel, and rare earth elements required for renewable technologies and storage systems. Core challenges include hurricane exposure, financing constraints, limited grid flexibility, and small market size. However, opportunities lie in geothermal development, distributed solar and storage solutions, and regional collaboration through CARICOM and the OECS. The country’s geothermal potential, policy ambition, and regional engagement provide a strong foundation to advance its clean energy transition and support long-term energy resilience and sustainability.

Saint Vincent and the Grenadines' 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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