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3.2 3.1.10.4 Draft National Energy Policy (2010) ............................................................................. 21 3.1.11 Analysis ........................................................................................................................ 22 3.1.12 Energy Sources ............................................................................................................. 22 3.1.12.1 Fossil Fuels and Non-Renewable Sources .................................................................... 22 3.1.12.2 Renewables .................................................................................................................. 22 3.1.12.3 Emerging Technologies ................................................................................................ 22 3.1.13 Energy Efficiency Management ................................................................................... 22 3.1.13.1 Supply Side ................................................................................................................... 22 3.1.13.2 Demand Side ................................................................................................................ 22 3.1.14 Legal and Regulatory Framework ................................................................................ 23 3.1.15 Institutional Framework............................................................................................... 23 3.1.16 Implementation and Monitoring ................................................................................. 25 3.1.17 Conclusions and Recommendations ............................................................................ 25 The Bahamas ........................................................................................................................ 27 3.2.1 Energy Sector Outlook..........................................................................................................28 3.2.1.1 Electricity Market.........................................................................................................28 3.2.1.1.1 Utilities ................................................................................................................... 28 3.2.1.1.2 Supply ....................................................................................................................28 3.2.1.2 Electricity Prices ........................................................................................................... 29 3.2.1.3 Electricity Demand ....................................................................................................... 29 3.2.2 Energy Efficiency ..................................................................................................................30 3.2.3 Building Codes......................................................................................................................30 3.2.4 Energy Supply Outlook ......................................................................................................... 30 3.2.4.1 Fossil Fuels ...................................................................................................................30 3.2.4.2 Renewable Energy........................................................................................................30 3.2.4.2.1 3.2.4.2.2 3.2.4.2.3 3.2.4.2.4 3.2.4.2.5 Hydro ..................................................................................................................... 31 Wind.......................................................................................................................31 Geothermal ............................................................................................................ 31 Solar ....................................................................................................................... 31 Biomass and Other.................................................................................................31 3.2.5 Interconnections ..................................................................................................................32 3.2.6 Energy Policy Framework.....................................................................................................32 3.2.6.1 Background ..................................................................................................................32 3.2.6.2 Energy Sector Regulatory Framework Analysis............................................................32 3.2.6.3 Legal and Regulatory Framework ................................................................................32 3.2.6.3.1 Electricity Sector Framework ................................................................................. 32 3.2.6.3.2 Options for a New Sector Framework....................................................................33 3.2.6.4 Assessment of the Draft National Energy Policy..........................................................34 3.2.6.4.1 3.2.6.4.2 3.2.6.4.3 3.2.6.4.4 3.2.6.4.5 New Electricity Framework .................................................................................... 34 Promotion of Renewable Energy and Energy Efficiency ........................................ 35 Sustainable Energy Unit ......................................................................................... 35 Policy Targets and Objectives ................................................................................ 36 Transport Sector Policy Agenda ............................................................................. 36 3.2.7 Key Lessons Learned ............................................................................................................36 3.2.8 Energy Governance Stakeholders ........................................................................................36 3.2.8.1 Government Agencies..................................................................................................36 3.2.8.2 Public-Private Partnerships..........................................................................................36 xxxviiiPDF Image | Energy Policy and Analysis Caribbean
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