Utility companies need to embrace a new business model built on Digitization, Decarbonization and Decentralization

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Utility companies need to embrace a new business model built on Digitization, Decarbonization and Decentralization
Given the high cost of fossil fuel-generated electricity and the abundant renewable energy resources, why haven’t Eastern Caribbean countries made more progress in their transition to renewable energy?
Burdened by a costly dependence on imported fuel for energy, many Caribbean islands are considering boosting the number of electric vehicles on their roads.
The Caribbean Community Climate Change Centre is looking for ways to boost the region’s access to the Green Climate Fund.
The islands of the Eastern Caribbean are renowned for their natural beauty and rich culture. But the volcanic origin of these islands has not only created breathtaking scenery, it could soon provide the solution to the region’s quest for clean,…
Read More Growing presence of geothermal in the Eastern Caribbean
The Commissioner in charge of International Cooperation and Development, Neven Mimica and the President of the Caribbean Development Bank, Dr. Wm. Warren Smith, announced the formalisation of an EU grant contribution to the Geothermal Risk Mitigation Programme for the Eastern…
Read More Geothermal Risk Mitigation Programme launched for the Eastern Caribbean
Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners and regional organizations in Saint Lucia…
Read More Caribbean Investment Forum puts resilience into sharp focus
The Government of Saint Lucia has a target of generating 35% of its electricity from renewable sources by 2020. This pristine island currently depends on dirty diesel generators for power, but has ambitious goals to revolutionize its economy with solar,…
Officials from the Caribbean Development Bank (CDB) and the Agence Française de Développement (AFD) have signed an agreement to provide USD$33 million towards financing sustainable infrastructure projects in the Caribbean region. This marks the first time that CDB has accessed financing…
Read More $33m readied to finance resilient infrastructure in the CARICOM
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…
Read More Energy Security a Key Issue at Recent Trade & Investment Conference
The Government of Japan and the United Nations Development Programme (UNDP) has launched the US$15 million Japan-Caribbean Climate Change Partnership (J-CCCP), in line with the Paris Agreement on Climate Change, to keep global warming below 2 degrees Celsius and to…
Read More US$15 million Japan-Caribbean Climate Change Partnership Announced
Paper commissioned by the Green Jobs Programme, International Labour Organisation (ILO), highlights some of the main links between climate change and employment in the Caribbean basin, targeted for government and workers’ organisations but relevant to a wider audience. Climate change…