The Government of Barbados wishes to develop and implement a national energy policy to mitigate the negative impacts of the oil prices and take advantage of national renewable and non-renewable resources.
Source: Country experiences presented at the ECOSOC Annual Ministerial Review

Currently, the Government is looking to expand the number of sources of renewable energy, which will include wind energy and fuel cane. According to the Draft Barbados National Energy Policy, Government is looking to introduce gasohol based on a 10 percent ethanol to gasoline mix. Under the reform of the sugar industry it intends for approximately 14.7 million litres of ethanol to be produced annually to meet that requirement. The levels of ethanol content in the gasoline are to be progressively increased over the 20-year design period. Recognizing that ethanol can be used in the production of biodiesel, Government has pledged to encourage further investment in ethanol production. In addition, A feasibility study was carried out to build a wind farm in the north of the island. Barbados Light and Power projects that the facility could generate as much as 26 million KWh annually.

The Government is looking to increase energy-efficiency by promoting energy efficient technologies and usage. The Government has recently turned its attention to energy conservation and efficiency in sectors of the economy to promote its vision of "Green Economics". Initiatives in these sectors will include incentives to: Manage/ minimize solid waste; promote recycling and separation; Promote "Green" building techniques and standards; Use alternative fuels/ renewable energy (tax incentives); Purchase "Green" products i.e. solar pumps, solar lights, composters; water-storage/ saving devices; Energy conservation in the public sector.

The Government has also committed to: Implementing economic incentives to promote energy conservation; efficient energy use; promoting renewable energy sources; Introducing standards for efficient energy use in technologies;Encourage the large-scale generation of energy using renewable sources;
Promoting research and development into renewable energy;Implementing disaster management initiatives to mitigate against climate change.