Promoting Green And Inclusive Growth In The

Caribbean.

Promoting Green And Inclusive Growth In The

Caribbean.

ENERGY

Energy is the life blood of development.

The growth in demand for energy will continue to increase or spiral.

There is no one single source solutionto deliver our energy needs.

The region relies heavily on oil to fuel its development

2004 – oil imports were US$ 6.5 billion

2007 – oil cost almost doubledto (US$ 12 billion)

The region relies heavily on oil to fuel its development

2004 – oil imports were US$ 6.5 billion

2007 – oil cost almost doubledto (US$ 12 billion)

CARIBBEAN OIL IMPORTS

Balance the goals of economic development and prosperity.

Eliminate poverty. Reduce the impact of Climate

Change

Balance the goals of economic development and prosperity.

Eliminate poverty. Reduce the impact of Climate

Change

CARIBBEAN CHALLENGES

POSSIBLE SOLUTIONPOSSIBLE SOLUTION

The widespread development and deployment of renewable energy technologies has been

proposed;*as a mitigating factor to climate change;

*as a solution to the high energy prices, and*the creation of new jobs to reduce poverty.

The widespread development and deployment of renewable energy technologies has been

proposed;*as a mitigating factor to climate change;

*as a solution to the high energy prices, and*the creation of new jobs to reduce poverty.

REGIONAL RENEWABLE ENERGY RESOURCES

REGIONAL RENEWABLE ENERGY RESOURCES

Solar: Thermal & Solar (PV) Electricity

Wind Geo-Thermal Hydro-electricity Biomass Ocean thermal Wave energy

Solar: Thermal & Solar (PV) Electricity

Wind Geo-Thermal Hydro-electricity Biomass Ocean thermal Wave energy

SOLAR ENERGY: THERMAL SOLAR ENERGY: THERMAL

The Farm housing development – St. George, Barbados

SOLAR ENERGY: THERMALSOLAR ENERGY: THERMAL

THE BARBADOS MODEL: Researched by USAID As at 2002,saved Bds $260 million in energy

costs Carbon emissions avoided in 2002, 14,000 tons

Tax incentive was helpful at 13%cost .

As at June 2011 - $1 Billion in savings

THE BARBADOS MODEL: Researched by USAID As at 2002,saved Bds $260 million in energy

costs Carbon emissions avoided in 2002, 14,000 tons

Tax incentive was helpful at 13%cost .

As at June 2011 - $1 Billion in savings

*COST SAVINGS 1974 - 2002, BARBADOS

MAP OF SOLAR INSTALLATIONS MAP OF SOLAR INSTALLATIONS

SOLAR ELECTRICITY (PHOTO-VOLTAIC)

SOLAR ELECTRICITY (PHOTO-VOLTAIC)

Photovoltaic panel displayedat a training session

Photovoltaic panels on the roof of Harrison Cave in St. Thomas, Barbados

SOLAR ELECTRICITY (PV)Ministry Of Transport and Works

Barbados

SOLAR ELECTRICITY (PV)Ministry Of Transport and Works

Barbados

WIND ENERGYWIND ENERGY

- In the Dutch Caribbean, the islands of Aruba, Bonaire and Curacao have used wind energy to generate electricity for decades.

- Curacao has installed modern wind turbinesand has one of the largest wind farms in the Caribbean.

- In the Dutch Caribbean, the islands of Aruba, Bonaire and Curacao have used wind energy to generate electricity for decades.

- Curacao has installed modern wind turbinesand has one of the largest wind farms in the Caribbean.

WIND ENERGY: Wigton, Jamaica

The Government of Barbados proposes that 30% of our energy demand will come from renewable energy.

• Waste to energy.• Photovoltaic energy.• Energy incentives for

domestic and commercial use of renewable energy.

GEO-THERMAL ENERGYGEO-THERMAL ENERGY

Grenada, St. Lucia, Dominica, Nevis, Saba

Geo-thermal Resources of the Caribbean are mostly available in:

HYDRO-ENERGY: Afobaka, SurinameHYDRO-ENERGY: Afobaka, Suriname

HYDRO-ENERGYHYDRO-ENERGYGuyana,

Proposed

Hydro-Electric Plant

Excellent Potential

HYDRO-ELECTRICITYDominica, St. Lucia,

Belize

HYDRO-ELECTRICITYDominica, St. Lucia,

Belize

BIOMASS ENERGYBIOMASS ENERGY Biomass energy is

energy generated by the burning of any organism, for example plant material.

Biomass energy is energy generated by the burning of any organism, for example plant material.

Sugar cane stalks bagasse, wood chips, grass, rice and corn husks and saw dust waste, are readily available options.

OCEAN THERMAL ENERGY CONVERSION

OCEAN THERMAL ENERGY CONVERSION

OCEAN THERMAL ENERGY CONVERSION

(proposed for Bahamas)

OCEAN THERMAL ENERGY CONVERSION

(proposed for Bahamas)

WAVE ENERGYWAVE ENERGY

The Challenge is to find the finance to harness these

greenenergy technologies.

The opportunity is to provide a level cost of energy ,so

that we can move our economies forward.

The Challenge is to find the finance to harness these

greenenergy technologies.

The opportunity is to provide a level cost of energy ,so

that we can move our economies forward.

THE ULTIMATE GOALTHE ULTIMATE GOAL

To optimize the utilization of the Caribbean’s diverse

and abundant mix of energy resources to meet our present and future energy

needs efficiently, affordably and sustainably.

To optimize the utilization of the Caribbean’s diverse

and abundant mix of energy resources to meet our present and future energy

needs efficiently, affordably and sustainably.

THE CARIBBEANTHE CARIBBEAN

The Distribution OptionThe Distribution OptionREGIONAL PIPELINES TO TRANSPORT ENERGY

RENEWABLE ENERGY OPTIONS

RENEWABLE ENERGY OPTIONS

Solar Electricity (photo-voltaic) & Solar Thermal

Wind Ocean Thermal Energy Conversion Land-fill Gases Wave Energy

Solar Electricity (photo-voltaic) & Solar Thermal

Wind Ocean Thermal Energy Conversion Land-fill Gases Wave Energy

CONCLUSIONThe Green Economy

CONCLUSIONThe Green Economy

Energy efficiency

Use conventional energy wisely

Maximum utilization of Renewable Energy

Development of new renewable options

Build Capacity to manufacture, install sell and service products.

Level the cost of energy to meet our growth needs .

Energy efficiency

Use conventional energy wisely

Maximum utilization of Renewable Energy

Development of new renewable options

Build Capacity to manufacture, install sell and service products.

Level the cost of energy to meet our growth needs .

THANK YOU VERY MUCH. THANK YOU

VERY MUCH.