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OVERVIEW OF THE ENERGY SITUATION TABLE 1. GRENADA TOTAL ENERGY SUPPLY 2001–2008 IN TONNES OF OIL EQUIVALENT (TOE) Fuel Gasoline Diesel Kerosene LPG TOTAL 2001 2002 2003 2004 2005 2006 2007 2008 36,746 68,597 6,281 4,250 115,874 19,786 17,874 22,280 20,202 20,368 27,518 37,910 34,021 34,853 16,456 8,320 16,086 51,864 62,033 90 179 90 90 4,217 6,281 5,922 5,362 5,430 6,143 4,736 3,754 3,785 3,145 59,259 58,337 44,969 33,348 44,426 89,447 109,009 Source: Central Statistical Office Petroleum product consumption data for 2009 is presented in Annex 2. N 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. N The total post-Ivan GDP by economic activity was estimated to be approximately 1,386 million EC dollars (approximately US$519M) in 2009 and was projected to be US$524M by the end of 2010.8 N Grenada as a small open economy, still requiring a post-Ivan agricultural recovery, and relying heavily on dwindling tourism receipts, is also faced with the spiralling market prices of food and fuel which are both imported. Energy supply: N Grenada’s current energy situation exhibits an almost complete dependence on imported petroleum products and an ad hoc approach to energy efficiency. N Excluding wood-fuel and other biomass sources9, Grenada’s total (primary and secondary10) energy supply grew from 89,500 TOE in 2006 to approximately 116,000 TOE in 2008. The contribution of renewable energy to this total was negligible.11 8. Source: Central Statistical Department 9. No data on biomass resources (fuelwood, charcoal) are compiled by the government 10. Grenada consumes only a small amount of other primary energy, as most of its energy is imported directly in the form of petroleum products (secondary energy sources) derived from crude oil. 4 11. Approximately 100 kWp of PV is installed throughout the tri-island state. No significant wind power or other renewable sources are in place GRENADAPDF Image | THE NATIONAL ENERGY POLICY OF GRENADA
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