Trinidad And Tobago Energy Information
Trinidad And Tobago Key Figures
GDP growth rate: -5.6 %/year
Energy independence: 100%
Data of the last year available: 2020
CO2 Emissions: 19.6 tCO2/capita
Rate of T&D power losses: 5.16%
* at purchasing power parity
View all macro and energy indicators in the Trinidad & Tobago energy report
Trinidad And Tobago Related News
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Trinidad And Tobago Related Research
Total Energy Consumption
The country ranks third worldwide in terms of per capita energy consumption (around 10.5 toe in 2020 and over 12 toe over 2016-2019, i.e. nearly 10 times the average for Latin America and the Caribbean). Electricity consumption per capita is approximately 6 000 kWh (2020). This exceptionally high level of energy consumption per capita is explained by the existence of energy-intensive industries (ammonia, methanol, fertilizers, and aluminium).
Interactive Chart Trinidad And Tobago Total Energy Consumption
Crude Oil Production
Since 2006, crude oil production has fallen by 57% (-6%/year), from 8.5 Mt to 3.7 Mt. This rapid decrease is mainly explained by a faster than expected decline in the production of the Angostura field and by the rapid collapse in the production at Trinmar.
Around 80% of the oil production is exported (2.9 Mt in 2020); the rest is consumed in the energy sector.
Interactive Chart Trinidad And Tobago Crude Oil Production
CO2 Fuel Combustion/CO2 Emissions
In its NDC, the country aims to achieve a conditional reduction of 15% in GHG emissions by 2030 from a BAU case (reduction of 103 MtCO2eq); investments of US$2bn would be required to meet this objective, to be financed both through domestic funds and the international Green Climate Fund. Around 70% of this reduction should be achieved in industry (72 MtCO2eq, for investments evaluated at US$320m), 28% in power generation (29 MtCO2eq, US$945m), and 2% in transport (2.6 MtCO2eq, US$735m).
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