National Energy Policy 2009 is a response of the government of the Marshall Islands to rapid increase of oil prices in 2008 which in consequences caused economic crisis as its country’s energy sector is heavily dependant on fossil fuels imports.
Main objective of the Policy is: “An improved quality of life for the people of the Marshall Islands through clean, reliable, affordable, accessible, environmentally appropriate and sustainable energy services.”
In order to achieve this objective following goals have been set:
To achieve 100% of urban electrification and 95% of rural electrification.
To generate 20% of electricity from domestically based renewable energy technologies by 2020.
To decrease fossil fuel consumption by 40% by 2020
To reduce energy losses by 20% by 2015.
Government of Marshall Islands sees increase of an energy efficiency as a short-term solution to improvement of national energy sector and renewable energy deployment as a mean to reach long-term sustainable economic development. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]