The document discusses the Sustainable and Renewable Energy Project Incubator (SREPI) in Trinidad and Tobago. It notes that sustainability has become a key global agenda since the 1992 Rio Summit. The objectives are to promote energy efficiency and employ renewable energy technologies. International organizations like the World Bank support similar projects in the Caribbean. The rationale is the need to move away from fossil fuels toward sustainable economic development, job creation, and environmental stewardship. The strategic objective is to create an energy efficiency industry in Trinidad and Tobago and the wider Caribbean through business incubation, education, and supporting emerging renewable energy markets.
Sustainable and renewable energy project incubator (srepi)
1. Sustainable and Renewable Energy
Project Incubator (SREPI)
An overview of incubation policy and practice in the effort to create a
Sustainable & Renewable Energy Innovation Ecosystem
22.10.2014
2. Sustainability Agenda
• Sustainability has become a more central agenda with
increased commitment by global governments for
sustainable practices, including that of the government of
the Republic of Trinidad and Tobago, (GORTT). This is
evident since GORTT‟s adoption of the Agenda 21
document in 1992 at the Rio Summit.
• One objective of Agenda 21 stipulates the promotion of
energy efficient technology particularly for human
settlements (Agenda 21, 2014). This objective specifies that
escalated employment of energy efficiency is a main
priority “in any action taken to protect the urban
environment” (Agenda 21, 2014).
3. International Agenda
• The World Bank and the InterAmerican
Development Bank provides assistance to
Caribbean countries, including T&T, by funding
projects which are geared towards energy
efficiency and sustainability (Meckereth, 2014).
• It is an accepted precedence that sustainable
practices will be mainly “market-driven and
championed by non-governmental organizations
(NGOs) with government buy-in occurring
afterwards” (TTGBC, 2011).
4. Rationale
• The rationale for this project is that is
necessary for the entire world in general
and the Caribbean in particular to move
away from fossil fuel use and into new
forms of energy. This will have three main
high level impacts:
• Sustainable Economic development
• Sustainable Job Creation
• Environmental Stewardship
6. Vision & Mission
• Vision
• The vision of this project is to develop an energy efficiency and
renewable energy technology sector in the Caribbean which
provides sustainable job creation and positive economic impact.
• Mission
• The mission of this project is to improve the international
competitiveness of people and organizations in the Caribbean
through the development and support of emerging markets such
as energy efficiency and renewable energy technology through
business incubation supported by education, training, consulting
and research. To change the culture of energy inefficiency in
Trinidad and Tobago.
9. Key Elements
To create an energy efficiency industry
– By creating a cadre of qualified energy efficiency experts/engineers
– By fostering the creation and execution of projects aimed to source
renewable energy
– By creating and developing national efficiency systems
15. Sample Student Projects
• The implementation of a Grid connected
Renewable Energy Solar Photovoltaic Supply
• A pilot study to determine the socio-
economic feasibility of separation and
characterization of residential recyclables
• Plan for Plastic Bottle Recycling in Tobago
• Tire Recycling Facility in Trinidad and Tobago
16. Concluding thoughts
• Our school continues to be at the forefront
of supporting the change that is required in
the culture of energy consumption. We
recognize the challenges of the future and
continue to provide support to our students
who we believe can and will make a
difference.
