THE NATIONAL ENERGY POLICY OF GRENADA

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THE NATIONAL ENERGY POLICY OF GRENADA ( the-national-energy-policy-grenada )

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GOALS AND POLICIES 3.5 ENERGY EFFICIENCY AND CONSERVATION Maximizing the efficient use of energy resources and ensuring significant energy conserva- tion in the production and end-use of energy in all sectors of the Grenadian economy and society is critical to relieve the continued need and pressure to secure supply of energy and production capacity expansion and related costs. Policies: N Ensure the gradual displacement of hydrocarbon imports and usage by reducing the national energy demand; N Promote and facilitate research and surveys in energy supply and consumption patterns and more efficient alternatives; N Inform consumers upon behavioural changes that can lead to energy conservation in the end-use sectors; N Design appropriate energy-efficiency and conservation programmes; N Properly assess the energy and carbon reduction potentials based on objective technical and behavioural factors; N Provide comprehensive fiscal incentives to encourage the import and use of energy- efficient appliances, vehicles, technology in power generation and manufacturing, and other sectors; N Encourage and facilitate energy-conservation behaviour by all consumers; N Encourage and facilitate the use of energy audits in businesses and households; N Encourage appliance suppliers to import energy efficient appliances and to properly label them; N Adopt appropriate standards for energy efficient building codes that will inform the design, construction and outfitting of buildings in Grenada; N Make such standards to be mandatory for all new public sector/statutory construction; N Provide incentives for preferential rates for financing, by the commercial banking sector, of new (and retrofitted) green homes and buildings; N Provide the public and private sector incentives and institutional capacity to monitor and analyse cross-sectoral energy efficiency and conservation issues and performance; N Consider tax incentives for industry to use energy-efficient equipment and processes such as heat recovery; N Establish efficiency standard for commercial and industrial activities; N Provide tax relief/rebates to companies meeting the energy efficiency standards set by government (e.g. complying to “cradle to cradle” manufacturing processes); N Provide incentives to re-use and recycle as an integral part of companies’ operations and support cradle to cradle practices as an energy efficiency tool; 10 GRENADA

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