The role of geothermal in the Caribbean’s energy future

The Caribbean is one of the world’s largest untapped sources of renewable energy, with huge solar, wind, geothermal and marine energy potential. Despite this, most Caribbean nations still use imported diesel or oil to generate more than 90% of their…

Energy Security a Key Issue at Recent Trade & Investment Conference

The importance of reliable and consistent energy supply in Caribbean Community (CARICOM) member states was emphasized during the deliberations at the CARICOM/CUBA/FLORIDA Trade and Investment Conference held February 10-11, 2016 in Miramar, Florida. Director of the Institute of International Relations at the…

Caribbean countries warned to look for alternative sources of oil post-PetroCaribe

Caribbean countries are being warned about the possibility of having to look to alternative sources of oil, after the recently elected opposition coalition in Venezuela announced it will review agreements under the PetroCaribe energy agreement. These countries include the Organisation…

First Energy Security Summit Promotes Independence from Petrocaribe

The U.S. will host the first ever Caribbean Energy Security Summit in Washington, DC. It aims to promote greater energy self-sufficiency and environmentally sustainable diversification away from crude oil in the Caribbean through improved energy governance, better access to international financing, technical help,…

CARICOM Countries Reduce Dependency on PetroCaribe

As crude prices plunge, four Caribbean Community (CARICOM) member countries are taking steps to reduce their reliance on PetroCaribe, Venezuela’s  oil subsidy. The four countries include Guyana, Haiti, Belize and Jamaica and it is thought more will follow suit, according to…