THE NATIONAL ENERGY POLICY OF GRENADA

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THE NATIONAL ENERGY POLICY OF GRENADA A Low Carbon Development Strategy For Grenada, Carriacou and Petite Martinique GRENADA, A TRI-ISLAND CARIBBEAN NATION ENCOMPASSING THE ISLANDS of Grenada, Carriacou and Petite Martinique, recognises that energy is a significant driver of development, has serious implications for environmental protection, and requires policy priority in a small island state seeking to define its development path and guarantee its citizens a sustainable quality of life. Therefore, the Government of Grenada embarked on a process of national consultation across the public and private sectors, amongst professional organisations, non-governmental organisations (NGOs) and community-based organisations (CBOs) over an 18-month period (January 2009 – June 2010), as well as engaged consultants to develop a National Energy Policy. The overarching objective is that the policy should have a distinctive Grenadian signature and character. It should be able to deliver a sustainable low carbon approach to development which will cause Grenada to be a model amongst Small Island Developing States. This document presents an overview of the considerations and objectives which will shape the energy future and development of Grenada. Grenada is affectionately known as “The Spice Isle” of the Caribbean and prior to Hurricane Ivan in 2004, was the largest producer of nutmeg in the Caribbean and the second largest globally. The island also produces other spices such as cinnamon, clove, and agricultural products such as cocoa and bananas. Since Ivan, the national economy has been largely based on services and tourism. The total GDP by economic activity was estimated to be approximately 1,386 million EC dollars (approximately US $519 M) in 2009 and is projected to be just over 1,400 million EC dollars (US $524 M) by the end of 20101. Electrical power is generated from hydrocarbon sources and is supplied by a single utility company with a base of 41,000 consumers. Given Grenada’s almost total reliance on fossil fuels which it sources from a volatile international market, a predisposition for Grenada to be affected by the will of nature and a recently restructured economy, the Government of Grenada is committed to ensuring that energy security is managed as a national priority. The National Energy Policy of Grenada therefore presents the principal policy principles and objectives of the Government as well as the directives in instruments crafted to ensure that Grenada transitions to sustainable energy sources and consumption. Using fossil fuels efficiently, whilst transitioning to renewables, even if hydrocarbons are found in the country’s maritime territory, the energy policy is based on eight core principles; (i) ensuring energy security, (ii) achieving energy independence, (iii) maximising energy efficiency, (iv) promoting energy conservation, (v) pursuing environmental sustainability through “green energy”, (vi) guaranteeing sustainable resource exploitation, (vii) minimising energy costs and (viii) energy solidarity. The ultimate goal of Grenada’s National Energy Policy (GNEP) is to ensure access and provide affordable, equitable, reliable, clean and sustainable energy sources and services to drive and secure national development, and improve the quality of life for all of its citizens. 1. Source: Central Statistical Department GRENADA

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