CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME

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

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these areas to supplement line-extension electrification programs (REN21 2008). However, in some developing countries electricity coverage is already very high and renewable energies, such as photovoltaic technology, can be connected to the grid and help to diversify the energy mix. To successfully proceed in the renewable energy market, individual countries will need to agree on and adopt their own targets. Prerequisite for the process of technology adoption towards the successful and sustainable internalization of renewable energies can only be fulfilled when all elements such as policy, institutional framework, technology stocks, financing schemes and sustainable local industry infrastructure are properly established and harmonically put in place (Huacuz 2003). Key drivers for renewable energies in developing countries are basically poverty eradication, risk avoidance and protection of natural life supporting systems (Holm 2005). Poverty eradication goes along with an amplification of electricity supply, which could be seen as economic and/or social aspect. Risk avoidance instead is a mainly economical factor. Hence, it seems more appropriate to refer to the main drivers for renewable energy policies according to van Dijk et al. (2003), as seen in Table 2: economic, environmental and social drivers. The same drivers are mentioned by Dubash (2002) but further mentioning that electricity reforms are tremendously motivated by macroeconomic crises and the need to establish financial health rather than the provision in an environmentally sustainable manner. Table 2: Drivers for Renewable Energies Implementation of Solar Energy in Developing Countries Economical Drivers Economical Optimization (small off-grid energy supply often cheaper than connection to a power grid) Security of Supply (decrease dependency on fossil fuels) Leading Industry (increase of market share and business opportunities) Environmental Drivers Reducing Emissions (no direct or limited emissions from renewable energies) Reducing Climate Change (implementation of renewable energies helps to prevent Climate Change) Protect Natural Life (no cut-backs of natural resources) Social Drivers Employment (direct and indirect employment will be generated) Public Support (people asking for more attention of alternative energies as part of their sustainable way of live) Social Economic Cohesion (possible development in areas formerly economically less attractive) Source: following van Dijk et al. 2003 10

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