Thu | Nov 15, 2018

Energy summit to get under way Monday

Published:Friday | February 5, 2016 | 12:00 AM

Future Energy Corporation will on Monday host an invitation-only, two-day summit under the theme 'The Future of Energy in the Caribbean'.

The entity said the objective of the summit, which will be presented in association with Guardsman Group of Companies Ltd and the PetroCaribe Develop-ment Fund, is "to create a realistic road map to realise Future Energy Corporation's vision of achieving energy independence for Jamaica and eliminating Jamaica's dependence on oil by 2030".

Future Energy said: "The summit will be attended by influential ministers and business leaders from the Caribbean region, along with global experts from the energy and finance industries."

The speakers' list is slated to include Prime Minister Portia Simpson Miller; Industry Minister Anthony Hylton; Energy Minister Phillip Paulwell; Sherife Abdel Messih, CEO of Future Energy Corporation; Wesley Hughes, CEO of PetroCaribe; Norma Christie, Caribbean regional president of BP Trinidad & Tobago; and Kelly Tomblin, CEO of the Jamaica Public Service Company.

"Global investment in renewable energy exceeded US$320 billion in 2015 despite low oil prices. There is a global transition currently occurring in the energy industry and we look forward to exploring how we can use the latest industry, developments to solve Jamaica's most pressing energy issues,"said Kwame Hall, who directs the company's operations in Jamaica and the Caribbean.

The summit will take place at The Jamaica Pegasus hotel in New Kingston.