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Caribbean lagging in shift to renewable energy

President of the Caribbean Development Bank Dr Warren Smith is lamenting the Caribbean’s slow pace in shifting towards renewable energy.

Delivering a lecture on the topic ‘Regulating Utilities in Small Island Developing States – Lessons for the Caribbean’, Dr Smith said renewable energy is the most promising option for addressing the region’s current energy security challenge.

But he noted that currently, the electricity generation capacity derived from renewable energy in CARICOM countries is less than 10 percent, compared to regional targets of 20 percent by 2017, and 28 percent by 2022.

“The major barrier, in my view, to rapid expansion of renewable energy generation in the Caribbean, remains that of the monopoly control over generation by the incumbent integrated electric utilities in several instances.

“Across the region the potential for electricity generation from a range of renewable sources cannot be realised because of the lack of network access,” Dr Smith said.

He stated that only a few Caribbean countries have made progress in terms of the level of renewable energy investment in the electricity sector.

“This has been approved through the pursuit of varying degrees of legislative and regulatory reforms. Barbados, Belize and Jamaica are examples where such progress has been made,” Smith said.

4 Responses to Caribbean lagging in shift to renewable energy

  1. Alex Alleyne March 20, 2016 at 9:23 am

    The Governments are under serious pressure form (“outside conglomerate” that control) the Electric companies in the Caribbean.
    As for Barbados , the leaders are slow in stepping forward to help because of fear that some of the funding will be cut that go towards other things if they push the RENEWABLE ENERGY idea to its people.

  2. jrsmith March 20, 2016 at 10:53 am

    Renewable energy brings to Barbados, the corporates who is going to used the island as a guinea pig.. the corrupt part of this renewable energy farce , who is going to benefit from
    the corporate who invest in the so call energy market and who made the introduction to that said corporate to invest in Barbados..
    There is certain grouping of people ,who is continuously trying to force our island politicians in renewable energy projects ,????? why.. in the UK , the government has drop 38% of renewable energy projects both local and commercial, even a company who build and sell those ugly windmills is claim they are too expensive and a waste of time…deem to be non economical..

    There is no island in the region and outside ,when it come to new energy is ahead of Barbados , Barbados have decades of experience when it comes to solar energy , which is cheap and easy to install, the problem bajans seems not to have the will to be management and bosses, we should be constructing solar units under licence and selling our experience across the region and beyond, that’s too hard for us waiting for some one to come and reap the benefits.. (Remember the Cahill project) watch this space and see the who is who..

    We are a little island we need to stop listening to all of this crap big talk, from who ever, we need to get our fingers out ,knuckle down use what we can afford and make things work for bajans in Barbados.. we are always going to be used , because we have a government who is blocking the progress of Barbados/Bajans.. they carry with them the ulterior motive for everything they try to do..

  3. Alex Alleyne March 20, 2016 at 11:48 am

    Solar energy is not Nuclear energy .
    solar power is the way to go for Barbados.

  4. Andrew Rudder March 21, 2016 at 11:38 am

    It’s by time Barbadian Nationals wake up and project into the future and just not take life as “Just this moment”! Advancement in our energy productivity need to be addressed by introducing more Wind Turbines and Solar panels across the country.


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