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Presentation To Bizclim   Draft Caricom Energy Policy
Presentation To Bizclim   Draft Caricom Energy Policy
Presentation To Bizclim   Draft Caricom Energy Policy
Presentation To Bizclim   Draft Caricom Energy Policy
Presentation To Bizclim   Draft Caricom Energy Policy
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Presentation To Bizclim Draft Caricom Energy Policy

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  • 1. CARICOM Draft Energy Policy 5th February 2009 Presentation to BiZClim sponsored Consultation IADB-MIF Programme For Strengthening The Private Sector’s Role In The Caribbean Community’s External Trade Negotiations (ATN/MT-8694-RG)
  • 2. February 2003: Heads of Government: “Agreed to establish a Task Force, comprised of Barbados, Grenada, Guyana, Jamaica, Suriname and Trinidad & Tobago to develop recommendations for a Regional Energy Policy, which would address issues such as- (i) security of energy supplies; (ii) energy pricing policy and the impact on relative competitiveness in the CARICOM Single Market and Economy; and (iii) purchasing and transportation arrangements”
  • 3. Following issues were subsequently added to agenda: • Natural gas; • Renewable energy; • Investment requirements and coordinated investments in the Regional Energy sector; • Energy efficiency; • Environmental Impact; and • Rationalization of the Regional Energy Sector.
  • 4. Some major recommendations: • Co-operation amongst national oil companies • Co-ordinate shipping and storage • Encourage development of natural gas supply network • Explore possibilities of long-distance electricity transmission (hydro)
  • 5. Draft has never been accepted as final.

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