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CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME

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CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME ( caribbean-renewable-energy-development-programme )

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1 Introduction Human well-being and global warming, both are closely linked with energy. Energy is needed for power generation, to fulfill basic living standards, for transportation and of course for economical development. Besides that, electricity production out of conventional energy sources such as hydrocarbons leads to grave resources cutbacks and pollutant emissions. One solution lies in the use of alternative energies which are renewable and do not harm the environment and furthermore help to be independent of oil prices. There is a high potential for solar energy in the Caribbean region and its utilization could reduce the high dependency on fossil fuels and help develop many small island states. Despite the big potential, hindrances so far have been high prices for technologies, high costs for implementation, lack of knowledge and acceptance, missing financial incentives, volunteers, rules and regulations which are not easy to overcome. Nevertheless, some countries in the Caribbean already successfully integrated solar energies in their energy mix and started first implementations. But in most Caribbean countries this potential is still untapped and waiting to be discovered. The key is to jump from theoretical knowledge to development and technical boots on the ground. Therefore, the Caribbean Renewable Energy Development Programme (CREDP) escorted this research study to analyze the potential solar energy market in the Caribbean region, considering the present situation, progresses and obstacles, possible improvements and how to adapt solar technologies to support Caribbean countries on their way to a diversification and security, ensure a sustainable development, health and well-being as well as economic growth. A research was done in three markets – in Barbados as a show case for a successful solar water heater market, in Grenada as best example for photovoltaic implementations and in St. Lucia as location of the CREDP office as well as potential application market for both technologies. The aim was to evaluate how the solar markets were established, successfully developed and hence to create frameworks as guidelines for other islands. Introduction 1

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