Market Analysis & Reporting on Clean Energy in the Caribbean
Work has advanced toward the full operationalisation of the Caribbean Centre for Renewable Energy and Energy Efficiency by the middle of this year. This was one of the key outcomes of the special meeting of the Council for Trade and Economic Development (COTED) on Energy.
The Dominican Republic has called for a ban on imports of fluorescent lamp and urges state institutions in the Caribbean nation to switch to more efficient LEDs.
The government of St. Vincent and the Grenadines will now own a 49 per cent stake in the geothermal plant being developed in the country.
In order to understand Puerto Rico’s process of rewiring, one must also understand its complex history of privatized utilities.
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…
Recent hurricanes have left unprecedented devastation across the Caribbean and it is a traumatic time for all those who live in the region. Whole communities and towns have been decimated, and the global community needs to act quickly and give…
The Barbados government says independent power producers interested in supplying electricity to the national grid will be able to apply for licences by early next year. Energy Minister Darcy Boyce said that recommendations on licensing systems for these producers should…
The Caribbean faces several challenges to its energy sector, which harm the region’s people and potential for economic growth. The Caribbean power generation sector receives 87 percent of its energy production from imported fossil fuels, despite the availability of solar,…
The Cayman Islands have approved a new National Energy Policy which aims to see 70 percent of all Cayman’s energy generated by renewable sources in 20 years, and moving toward 100 percent sooner if possible. The National Energy Policy details…
Caribbean countries join a growing list of Small Island Developing States (SIDS) which have set ambitious targets to switch to renewables. In October 2016, Barbados set a new target of generating 65 percent of its power from renewable sources by…
As we enter a period of uncertainty in both international and climate policy following the United States presidential election, identifying a concept that can help find the wins between the economy and the environment is even more important. In the…
With an estimated 66 cents in every dollar currently going towards this island’s fuel import bill, the Barbados Renewable Energy Association (BREA) says there is one sure way for Government to grow the economy. However, BREA President Aidan Rogers is…
Producers of electricity from renewable energy sources can now sell more power to the Barbados Light & Power Company (BL&P) under the Renewable Energy Rider (RER) programme at a fixed rate. Additionally, in announcing its decision today, the Fair Trading…
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…
Residents of the Virgin Islands will soon be able to use and sell renewable energy following the passing of the British Virgin Islands Electricity Ordinance Amendment Act 2015. The Amended Act was passed at the Fourth Sitting of the Fourth…
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,…
