Change Management In the Energy Sector In Guyana: A Shift From Fossil To Renewable Energy Mix

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DOI: 10.21522/TIJMG.2015.10.01.Art006

Authors : Vivian Lam

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.

Keywords: Change Management, Energy, Energy Mix, Fossil, Guyana, Renewables

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