Change Management In the Energy Sector In Guyana: A Shift From Fossil To Renewable Energy Mix
Abstract:
This paper delves into the
multifaceted realm of change management in transitioning from fossil fuels to a
sustainable energy mix, spotlighting Guyana's unique position. With a global trend
towards renewable energy driven by environmental concerns, countries like Guyana,
blessed with significant oil reserves, face opportunities and challenges. Drawing
insights from case studies of Denmark, The Kingdom of Norway, and Pakistan, key
challenges such as economic barriers, technical complexities, regulatory issues,
and social implications were identified. Success stories like Denmark's wind energy
dominance and Norway's hydro-centric approach provide valuable lessons. However,
challenges faced by countries like Pakistan emphasize the necessity of strategic
planning. For Guyana, a nation experiencing explosive GDP growth and on the cusp
of an energy revolution, recommendations include establishing clear policy frameworks,
engaging stakeholders, promoting technological innovation, and investing in public
awareness. Guyana could ensure a balanced, sustainable energy future by integrating
these strategies and possibly revisiting its Low Carbon Development Strategy 2030.
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