The Energy Road Map outlines a plan to achieve a 33% renewable energy share in the electricity sector by 2028, ensuring energy that is sufficient, reliable, sustainable, secure, and affordable. It also suggests ways to increase renewable energy use in other sectors. Beyond 2028, exploring additional renewable energy technologies will be crucial. These initiatives aim to enhance energy security, create jobs, stimulate economic growth, and mitigate climate change, showcasing the Maldivian government's commitment to sustainable development and carbon neutrality.
The Maldives Energy Road Map outlines 15 flagship interventions fulfilling the 25 strategies defined by the Energy Policy and Strategy 2024-2029 and the guidelines of the Electricity Act 2021:
- Accelerating the uptake of rooftop renewable energy;
- Evaluating maximum potential for renewable energy integration into the grid;
- Decarbonising transport;
- Leapfrogging solarisation of islands;
- Mainstreaming efficient consumption;
- Setting up a fair and cost-reflective electricity tariff and replacing the indirect subsidy mechanism with a targeted subsidy;
- Transitioning to cleaner fuels in Greater Male;
- Erecting and integrating waste-to-energy plants;
- Preparing smart, flexible and reliable grids;
- Exploring interconnection possibilities of island clusters and extending access to electricity services;
- Interconnecting power systems of Greater Male;
- Strengthening regulatory framework;
- Accessing and collecting reliable energy data;
- Developing institutional capacity; and
- Unleashing the potential of marine renewable energy and exploring Green Hydrogen options.
