ENERGY POLICY ASSESMENT OF THE ENERGY SECTOR IN BELIZE

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ENERGY POLICY ASSESMENT OF THE ENERGY SECTOR IN BELIZE ( energy-policy-assesment-ofenergy-sector-in-belize )

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4.2.2 Household energy sector 4.2.2.1 Fuel wood and charcoal Unsustainable use of biomass resulting in adverse effects on health and the environment, particularly in rural households. Unreliable information systems and data collection resulting in poor planning and monitoring. Limited access to competitive alternative energy sources and lack of incentives for their development Absence of policies that promote the use of energy substitutes such as agricultural residues, biogas, solar energy, peat, lignite and natural gas, which have the potential to reduce fuel wood consumption. Deficient regulations and standards applicable to the fuelwood and charcoal industries. 4.2.2.2 Renewable Energy Technologies / Improved stoves / LPG use Low public awareness on RETs’ real potential and technical constraints. Immature RET markets due in part to the inability to finance higher initial capital costs. Lack of mechanisms to monitor standards and ensure quality of RETs (poor quality of some technologies reduces lifetime and damages image of RETs. Applies also to improved stoves). Inadequate financing mechanisms and other incentives to facilitate investment, communication, promotion and dissemination of RETs and improved stoves. Inadequate data on the potential of indigenous renewable energy sources. 4.2.3 Petroleum/Mining Sub-sector 4.2.3.1 Petroleum exploration and production/mining sub-sector Limited public investment. Lack of efficient oil extraction techniques to reduce oil production at above its current depletion date. Lack of mechanisms to restrict production through market conditions or government regulation. Lack of an “Oil depletion protocol” to protect local economy, increase energy and food security, assess oil vulnerability and provide alternative energy options. 4.2.3.2 Petroleum marketing and sales sub sector Low storage capacity compared to national requirements. Fuel adulteration and overcharging, especially in rural areas. Additional transportation costs for fuels sold in rural areas. Lack of a strategic petroleum reserve strategy. Overlapping monitoring responsibilities of various institutions. Ambiguous market standards. Ineffective institutional and legal frameworks to govern the petroleum industry. 29

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