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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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• Financial interventions and incentives (e.g. tax reliefs, rebates, low interest loans) • Industry standards, planning permits and building regulations • Education and information dissemination • Public ownership and stakeholder involvement The crucial step between installing renewable capacity and getting the generated energy to the customer, is having the incentive mix directly attached to the actual production of energy (Mallon 2006). What is also important besides and after the setting, governments have to take care of proper function and maintenance of the policies. This can be achieved by long-term commitment, targets and consistency; good laws and consistent enforcement; by developing reliable, predictable market conditions; redress failures and by choosing the most successful and suitable feed-in systems (Holm 2005). “The problem is that, for governments, one parliamentary term is about four years, two policy terms is guesswork, 10 years is a long time and 20 years is somebody else’s problem” (Mallon 2006, p. 25). Mallon (2006) is summarizing ten key features of successful renewable energy policy: transparency; well-defined objectives; well defined resources and technologies; appropriate applied incentives; adequacy; stability; contextual frameworks; energy market reforms; land use planning reform; equalizing the community risk and cost-benefit distribution. Qurashi & Hussain (2005) is stating this shorter as a 3A strategy: • Accessibility (provide clean energy at affordable prices) • Availability (reliable source and security) • Acceptability (public attitude, social and cultural circumstances) The 3A strategy is basically reflecting all key features mentioned by Mallon but seems to be more appropriate and applicable because of the clear, short statement. 2.2 The Caribbean Solar Energy Market Benefits of renewable energy accrue at different levels – globally talking about pollution mitigation, nationally regarding inward investment, regionally when it has to do with manufacturing and employment creation and on a local level also in case of employment Implementation of Solar Energy in Developing Countries 12

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