CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME

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

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Case Studies In 2008 GRENLEC generated 173.3 GWh, which was a growth of 4.41% compared to 2007. The company assumes that customers applied conservation practices because of the high prices, which they strongly advocate and even had an education campaign. Peak demand increased from 27.89 MW in 2007 to 29.39 MW in 2008, an increase of 5.3% (GRENEC 2009). The biggest part in consumption per GWh is the commercial sector, followed by the domestic, Figure 14. In 2008, GRENLEC sold 96.60 GWh to the commercial and 66.23 GWh to the domestic sector. Total sales including the industrial sector with 5.63 GWh and street lights with 4.04 GWh, were 172.50 GWh (GRENLEC 2003-2009). Figure 14: GRENLEC Electricity Sales 􏳌􏳋􏳋􏳇􏳋􏳋 􏳐􏳏􏳋􏳇􏳋􏳋 􏳐􏳎􏳋􏳇􏳋􏳋 􏳐􏳍􏳋􏳇􏳋􏳋 􏳐􏳌􏳋􏳇􏳋􏳋 􏳐􏳋􏳋􏳇􏳋􏳋 􏳏􏳋􏳇􏳋􏳋 􏳎􏳋􏳇􏳋􏳋 􏳍􏳋􏳇􏳋􏳋 􏳌􏳋􏳇􏳋􏳋 􏳋􏳇􏳋􏳋 􏳐􏳓􏳓􏳏 􏳐􏳓􏳓􏳓 􏳌􏳋􏳋􏳋 􏳌􏳋􏳋􏳐 􏳌􏳋􏳋􏳌 􏳌􏳋􏳋􏳒 􏳌􏳋􏳋􏳍 􏳌􏳋􏳋􏳑 􏳌􏳋􏳋􏳎 􏳌􏳋􏳋􏳔 􏳌􏳋􏳋􏳏 􏳁􏲺􏲶􏲸􏲸􏲺 􏲴􏲻􏳀􏲷􏲺􏳁 /􏲽􏳂􏳅􏳁􏲺􏲶􏲻􏲵􏲴 􏲾􏲳􏲹􏲹􏲸􏲶􏲾􏲻􏲵􏲴 􏳂􏲳􏲹􏲸􏳁􏲺􏲻􏲾 Source: GRENLEC 2003-2009 As illustrated in Figure 15, total sales reached 183.20 million ECD (about 67.32 million USD), cost for fuel consumed were 103.81 million ECD and the net profit was 14.86 million ECD in 2008 (GRENLEC 2003-2009). The overall end revenue of 2008 was 188.85 million ECD, which was an increase of 33.6% compared to 2007 (GRENLEC 2009). During the last years, the average consumption per customer was over 4000 kWh (GRENLEC 2003-2009). According to Loy & Farrell (2005), this is considerably higher than in other island states of the Eastern Caribbean. 41 􏲻􏲽 't􏲷

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