Category Archives: caribbean

Geothermal energy can fuel future of Eastern Caribbean

 

LONDON, United Kingdom–Though geothermal energy is a more involved and expensive undertaking than other renewables, its significant benefits make it an ideal way for the Eastern Caribbean to gain greater energy independence, reduce energy costs and achieve sustainable development.

The islands of the Eastern Caribbean are renowned for their natural beauty and rich culture. But the volcanic origin of these islands has not only created breathtaking scenery, it could soon provide the solution to the region’s quest for clean, renewable and affordable energy.
Like most small island developing states (SIDS), the countries of the Organization of Eastern Caribbean States (OECS) spend a large part of their earnings on imported fossil fuels to meet their energy needs, yet they also boast high levels of solar radiation, good wind regimes and impressive geothermal potential.
Across the world, the cost of energy has a major influence on quality of life. Energy represents a significant cost to households, businesses and states. Reductions in the cost of technologies such as solar have led to promising growth in the renewable energy sector, but to make this sector a significant contributor to electricity generation in the OECS, efforts must include geothermal energy development.
The International Renewable Energy Agency reports that geothermal deployment worldwide reached a total installed capacity of 12.7 gigawatts in 2016, a level well below its potential. However, there is increasing recognition of its many advantages over other technologies, which may explain why global geothermal output has risen by 26 per cent in just over five years. Read More

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Caribbean Transitional Energy Conference Announced

The Caribbean Transitionary Energy Conference (CTEC2017) was officially launched this morning with a press conference at The Cayman Islands Government building this morning.

Remarks were given by Hon. D. Kurt Tibbetts OBE, JP, MLA – Cayman Islands Minister for Planning, Lands, Agriculture, Housing and Infrastructure, event organiser James Whittaker – CEO, GreenTech Group and President, Cayman Renewable Energy Association (CREA), and sponsor Pilar Bush, Executive Vice President of Marketing, Dart Enterprises Ltd. To Register and for more information Click Here
#centreofexcellence #caymanislands

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Caribbean Transitional Energy Conference

WHY CAYMAN? WHY NOW?

Caribbean economies suffer from some of the highest electricity prices in the world. Despite their abundance of renewable energy sources, Cayman has a relatively low level of renewable energy penetration; the economy continues to spend a large proportion of its GDP on imported fossil fuels.

The Caribbean Transitional Energy Conference (CTEC) is about building our resilience as a small nation, about diversifying our energy sector and the way that we do business.

It is about ensuring sustainable social and economic growth through strong leadership, recognising the threat of climate change and the vulnerability of islands across the world and voicing our commitment to take the measures that we can take now. More

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