Tuvalu energy storage exports

What is Tuvalu's energy supply?

In 2021, fossil fuels accounted for 96 percent of Tuvalu's total energy supply, while solar and other renewable energy sources accounted for 4 percent. Tuvalu’s economy is therefore highly vulnerable to fuel prices’ volatility, which is why it is critical to find alternative sources of energy for the country’s electricity supply.

Why does Tuvalu need a solar project?

This solar project echoed Tuvalu’s action during COP15 and sent a symbolic message about the importance and necessity of global and concerted actions worldwide to promote renewable energy and mitigate climate change impacts to save threatened countries. However, the majority of Tuvalu’s energy sources are imported fossil fuels.

What are the major exports of Tuvalu?

The most recent exports are led by Non-fillet Frozen Fish ($49.4M), Fish Fillets ($801k), Telephones ($702k), Video Displays ($255k), and Carbonates ($139k). The most common destinations of the exports of Tuvalu are Thailand ($45.9M), Japan ($2.95M), Philippines ($1.37M), Ireland ($588k), and United States ($472k).

What are the top exports of Tuvalu in 2023?

In 2023, the top exports of Tuvalu were Non-fillet Frozen Fish ($49.4M), Fish Fillets ($801k), Broadcasting Equipment ($635k), Video Displays ($255k), and Carbonates ($139k). The top destinations were Thailand ($45.9M), Japan ($2.95M), Philippines ($1.37M), Ireland ($588k), and United States ($472k).