The Caribbean is Energy Rich

The 2014 High Level Caribbean Forum was held last week in Jamaica. Organised by the IMF, this year's forum focused on “Unlocking Economic Growth” in the Caribbean region. One of the take home messages was that the high cost of energy…

Sustainable & Renewable Energy Incubator Project

On October 1st, 2014, the Sustainable and Renewable Energy Incubator Project was announced. A joint initiative by The Arthur Lok Jack Graduate School of Business, The University of the West Indies (UWI-ALJGSB), Citibank (Trinidad & Tobago), and The National Gas…

Cayman Renewable Energy Association Launched

The new Cayman Renewable Energy Association (CREA) was formally launched this Thursday. The new group, of roughly a dozen-members is chaired by GreenTech Group Founder and CEO James Whittaker. As quoted in the Caymen Compass, “The renewable industry in Cayman has now reached a…

Dominican Republic and Haiti Projected to Lead Caribbean Growth in 2014-2015

Haiti and the Dominican Republic are projected to lead Caribbean in economic growth over the next two years, according to the latest update of the International Monetary Fund’s World Economic Outlook report. In 2014, the Dominican Republic is projected to…

New Report on Efficiency Screening Practices

Over the past few years, energy efficiency experts have been working to improve the efficiency screening  practices in several countries. A new report from Synapse Energy Economics and the Advanced Energy Economy Institute (AEE) includes recommendations for moving beyond the standard efficiency…

Watts Next: Designing Low-Cost, Low-Carbon Power Systems

SWITCH is an investment planning model for power systems with large shares of renewable energy. A rather nerdy model, granted, but useful to identify which generator and transmission projects need to be build over the coming decades in order to transition a cleaner electricity…

Japan-Caricom Summit Brings New Partnership on Climate Change

The "Project for Japan-Caribbean Climate Change Partnership" will seek to provide eight Caribbean countries with $15 million for preparing and designing their Nationally Appropriate Mitigation Actions (NAMAs) and National Adaptation Plans (NAPs) under the UNFCCC. The initiative will help Guyana, Grenada, Jamaica,…

New Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE)

The new Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) was given the green light in July, 2014. The centre will become part of UNIDO´s Global Network of Regional Sustainable Energy Centres. The regional centre of excellence will support the…

PPPs in the Caribbean: Building on Early Lessons

Public-Private Partnerships (PPPs) are receiving significant policy attention in the Caribbean. As fiscal pressures constrain public sector-led investment, the Caribbean Development Bank (CDB) is critically examining alternative funding models for delivering economic and social services with the release of a new…

Smart Grids in the Caribbean, New Study by ECLAC

A study by ECLAC highlights the potential of smart grids technology in the Latin America and the Caribbean, which will greatly enhance the regions energy security. For example, Grand Cayman’s only public electric utility, The Caribbean Utilities Company, Ltd (CUC), is already in…