As Caricom leaders met in St Kitts and Nevis for the 50th Regular Meeting of the Conference of Heads of Government, with regional energy security high on the agenda, Proman and Power32 urged policymakers to consider Trinidad- produced methanol as a practical solution to the region’s power generation challenges.
In a news release Tuesday, the companies highlighted the continued reliance across the region on imported diesel and heavy fuel oil to power aging electricity infrastructure. That dependence exposes small economies to volatile global oil prices while maintaining higher emissions levels.
According to Proman and its subsidiary Power32, Caribbean governments face a trilemma, securing a reliable supply, keeping electricity affordable and reducing emissions at the same time.
The company stated that methanol offers a lower-emission alternative that can be deployed without major new infrastructure investment. Unlike LNG, methanol is a liquid at room temperature and does not require specialised cryogenic storage or regasification terminals. Existing liquid fuel infrastructure can often be adapted, lowering upfront capital costs for island states.
On combustion, methanol produces significantly fewer pollutants than diesel and heavy fuel oil. The companies state that it emits about 80 per cent less nitrogen oxides (NOx) and almost no sulphur oxides (SOx) or particulate matter. Conventional methanol produced from natural gas, therefore, delivers immediate air quality improvements.
Anand Ragbir, executive director of Proman Trinidad, said regional leaders should leverage existing production capacity.
“We are asking Caricom leaders to look close to home for a power solution. Methanol produced locally in Trinidad can be easily and safely shipped to our neighbours to provide cleaner outcomes with fewer fuel miles and greater energy security. This really is a Caribbean power solution, made in the Caribbean, for the Caribbean,”
Ragbir said.
The release noted that the methanol molecule remains the same regardless of feedstock, allowing conventional product to be blended over time with lower-carbon alternatives produced using carbon capture, utilisation and storage (CCUS) as well as green methanol. This transition can occur without additional on-island infrastructure investment.
David Knipe, Managing Director of Power32, said the company was established to deliver methanol-powered solutions at scale. Proman established Power32 to deliver methanol-powered solutions at scale, and we see a specific benefit for the island nations near our production hub in Trinidad. Breaking the connection with volatile oil and diesel pricing would have an immediate, positive impact on local economies.”
He added that lower annual fuel import bills would allow governments to redirect savings into growth and development initiatives rather than absorb fluctuating energy costs.
Proman and Power32 maintain that methanol can complement renewable energy expansion by providing stable generation as grids transition, positioning Caribbean-produced fuel as a near-term bridge toward a lower-emission regional electricity market.
