CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME

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

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government yet. After the hurricane in 2004, a National Climate Change Policy and Action Plan was discussed and adopted by the government in 2007. This plan is asking for liberalization of the energy sector and comprehensive arrangements in favor of renewable energies (Loy 2007). To facilitate the use of renewable energies, GRENLEC has passed an Interconnection Policy which provides clear guidelines for the interconnection of renewable energies to the company’s grid. The policy provides net metering (electricity inflow and outflow are rated the same) for renewable energy sources of 10 kW or less. GRENLEC also continued negotiations to finalize the lease of sites in which to install two wind farms. Wind loggers are already installed and have begun measuring (GRENLEC 2009). The government is pursuing funding from GEF and the European Union Energy Facility for renewable energy and efficiency projects including the GRENLEC installation of wind turbines with battery storage in Carriacou to provide all its electricity generation requirements by 2013 (Burke 2010). GRENLEC is also thinking about using geothermal energy because this could support the base-load and therewith has good prospects (Auguste pers. comm. 27 April 2010). The Grenadian government states in their Budget Statement of 2010 that a “Prioritization of energy conservation, the use of renewable energy and the environmentally sound exploitation of any offshore hydrocarbon reserves are the core elements of the national energy policy” (Burke 2010, p. 74). Of course Grenada is trying to explore possible oil resources. Nevertheless, the government also intends to develop a legislation to prescribe binding targets for the use of renewable energy for electricity generation and transport as well as a methodology for determining the GRENLEC tariffs for independent micro power producers, for example households with roof-top grid-connected photovoltaic systems. To foster this, a National Sustainable Energy Development Committee with private and public representatives was announced to be established. The goal is “to develop the legislative, regulatory and contractual framework essential to provide confidence to the private sector to make the necessary costly investments in geothermal and other forms of renewable energy; and to provide transparency and protect national interests” (Burke 2010, p.76). The government is informing in its budget statement that the conversion to renewable energies will be costly and that it may not result in an immediate decrease in electricity bills but that consumers will benefit from a stabilization of prices with the potential for savings (Burke 2010). Case Studies 44

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