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Renewable energy policy development in the Caribbean

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  • Haraksingh, Indra

Abstract

The Caribbean region is endowed with renewable energy resources which remain largely untapped. With an average insolation of 15-20 MJ m−2 day−1, investment in some renewable energy technologies is feasible. The major problem confronting the region is lack of financial resources. Petroleum imports continue to dominate the energy scenario except for Trinidad and Tobago and Barbados. However, increased awareness of sustainable development issues throughout the region is a major factor in support of renewable energy implementation and is a driving force for energy policy decision-making. With the necessary joint-venture partnerships and government fiscal incentives, photovoltaic technologies, wind energy and solar energy industries are poised to expand thus reducing the dependency on fossil fuel imports while preserving the environment.

Suggested Citation

  • Haraksingh, Indra, 2001. "Renewable energy policy development in the Caribbean," Renewable Energy, Elsevier, vol. 24(3), pages 647-655.
    • Handle: RePEc:eee:renene:v:24:y:2001:i:3:p:647-655
    DOI: 10.1016/S0960-1481(01)00051-9
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    Cited by:

    1. Sinha, Avik, 2017. "Inequality of renewable energy generation across OECD countries: A note," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 9-14.
    2. Mohan, Preeya S., 2022. "Climate finance to support Caribbean Small Island Developing States efforts in achieving their Nationally Determined Contributions in the energy sector," Energy Policy, Elsevier, vol. 169(C).
    3. Altaii, K & Farrugia, R.N, 2003. "Wind characteristics on the Caribbean island of Puerto Rico," Renewable Energy, Elsevier, vol. 28(11), pages 1701-1710.
    4. Asci, Serhat & Konduru, Srini & Williams, Lynn, 2020. "Potential of Solar Energy in Agricultural Production in Caribbean Countries," Farm and Business - The Journal of the Caribbean Agro-Economic Society, Caribbean Agro-Economic Society, vol. 12(1), December.
    5. Chadee, Xsitaaz T. & Clarke, Ricardo M., 2014. "Large-scale wind energy potential of the Caribbean region using near-surface reanalysis data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 45-58.
    6. Kersey, Jessica & Blechinger, Philipp & Shirley, Rebekah, 2021. "A panel data analysis of policy effectiveness for renewable energy expansion on Caribbean islands," Energy Policy, Elsevier, vol. 155(C).
    7. Henry, Legena & Bridge, Jacqueline & Henderson, Mark & Keleher, Kevin & Barry, Megan & Goodwin, Geoff & Namugayi, Deborah & Morris, Marisha & Oaks, Benjamin & Dalrymple, Odesma & Shrake, Scott & Ota, , 2015. "Key factors around ocean-based power in the Caribbean region, via Trinidad and Tobago," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 160-175.

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