By NEIL HARTNELL

Tribune Business Editor

THE Bahamas could save a collective $5 billion by implementing energy efficiency and renewable supply sources within the Bahamas Electricity Corporation's (BEC) service area, a government policy paper has projected, with alternative energies targeted to produce 30 per cent of all power by 2030.

The National Energy Policy Committee's second report, completed in September 2010, concluded that by pursuing a combination of energy efficiency measures and increased use of renewable power sources, reducing the Bahamas' almost 100 per cent dependency on fossil fuels, "a sustainable energy matrix can be achieved by 2030".

This matrix, the ...

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