| Product Code: ETC10164070 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s power import market in 2024 saw a significant increase in concentration, with the top countries exporting being the USA, China, Puerto Rico, UK, and Trinidad and Tobago. Despite a high concentration in 2023, the market became even more concentrated in 2024. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was strong at 10.77%, indicating a growing market. However, there was a notable decline in the growth rate from 2023 to 2024 at -41.88%, suggesting potential shifts or challenges in the market dynamics during that period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Power Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Market - Industry Life Cycle |
3.4 Grenada Power Market - Porter's Five Forces |
3.5 Grenada Power Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Power Market Revenues & Volume Share, By Energy Source, 2021 & 2031F |
3.7 Grenada Power Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Power Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity due to population growth and economic development in Grenada |
4.2.2 Government initiatives to promote renewable energy sources and reduce dependency on fossil fuels |
4.2.3 Growth in tourism sector leading to higher energy consumption and infrastructure development |
4.3 Market Restraints |
4.3.1 Limited domestic energy resources, leading to dependency on imported fuels |
4.3.2 Vulnerability to natural disasters such as hurricanes, impacting power infrastructure |
4.3.3 High costs associated with upgrading and maintaining power generation and distribution systems |
5 Grenada Power Market Trends |
6 Grenada Power Market, By Types |
6.1 Grenada Power Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Power Market Revenues & Volume, By Renewable Power, 2021 - 2031F |
6.1.4 Grenada Power Market Revenues & Volume, By Non-Renewable Power, 2021 - 2031F |
6.1.5 Grenada Power Market Revenues & Volume, By Hybrid Power, 2021 - 2031F |
6.1.6 Grenada Power Market Revenues & Volume, By Utility Power, 2021 - 2031F |
6.1.7 Grenada Power Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Power Market, By Energy Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Market Revenues & Volume, By Solar, 2021 - 2031F |
6.2.3 Grenada Power Market Revenues & Volume, By Coal, 2021 - 2031F |
6.2.4 Grenada Power Market Revenues & Volume, By Hydro, 2021 - 2031F |
6.2.5 Grenada Power Market Revenues & Volume, By Wind, 2021 - 2031F |
6.2.6 Grenada Power Market Revenues & Volume, By Nuclear, 2021 - 2031F |
6.3 Grenada Power Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Power Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Grenada Power Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.5 Grenada Power Market Revenues & Volume, By Utility, 2021 - 2031F |
6.3.6 Grenada Power Market Revenues & Volume, By Off-grid, 2021 - 2031F |
6.4 Grenada Power Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Power Market Revenues & Volume, By Distributed Generation, 2021 - 2031F |
6.4.3 Grenada Power Market Revenues & Volume, By Smart Grid, 2021 - 2031F |
6.4.4 Grenada Power Market Revenues & Volume, By Microgrid, 2021 - 2031F |
6.4.5 Grenada Power Market Revenues & Volume, By Demand Response, 2021 - 2031F |
6.4.6 Grenada Power Market Revenues & Volume, By Energy Storage, 2021 - 2031F |
7 Grenada Power Market Import-Export Trade Statistics |
7.1 Grenada Power Market Export to Major Countries |
7.2 Grenada Power Market Imports from Major Countries |
8 Grenada Power Market Key Performance Indicators |
8.1 Renewable energy penetration rate in the power mix |
8.2 Average electricity consumption per capita |
8.3 Investment in energy infrastructure development |
8.4 Percentage of electricity generated from locally sourced renewable resources |
8.5 Frequency and duration of power outages |
9 Grenada Power Market - Opportunity Assessment |
9.1 Grenada Power Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Power Market Opportunity Assessment, By Energy Source, 2021 & 2031F |
9.3 Grenada Power Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Power Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Power Market - Competitive Landscape |
10.1 Grenada Power Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |