2. ENERGY
Energy is the life blood of
development.
The growth in demand for
energy will continue to
increase or spiral.
There is no one single source
solution
to deliver our energy needs.
3. CARIBBEAN OIL IMPORTS
The region relies heavily on oil to
fuel its development
2004 – oil imports were US$ 6.5
billion
2007 – oil cost almost doubled
to (US$ 12 billion)
4. CARIBBEAN CHALLENGES
Balance the goals of
economic development
and prosperity.
Eliminate poverty.
Reduce the impact of Climate
Change
5. POSSIBLE SOLUTION
The widespread development and deployment
of renewable energy technologies has been proposed;
*as a mitigating factor to climate change;
*as a solution to the high energy prices, and
*the creation of new jobs to reduce poverty.
6. REGIONAL RENEWABLE
ENERGY RESOURCES
Solar: Thermal & Solar (PV)
Electricity
Wind
Geo-Thermal
Hydro-electricity
Biomass
Ocean thermal
Wave energy
8. SOLAR ENERGY: THERMAL
*COST SAVINGS 1974 - 2002, BARBADOS
THE BARBADOS MODEL: Researched by USAID
As at 2002,saved Bds $260 million in energy costs
Carbon emissions avoided in 2002, 14,000 tons
Tax incentive was helpful at 13%cost .
As at June 2011 - $1 Billion in savings
12. WIND ENERGY
- In the Dutch Caribbean, the
islands of Aruba, Bonaire
and Curacao have used wind
energy to generate
electricity for decades.
- Curacao has installed
modern wind turbines
and has one of the
largest wind farms
in the Caribbean.
14. The Government of Barbados
proposes that 30% of our energy
demand will come from
renewable energy.
• Waste to energy.
• Photovoltaic energy.
• Energy incentives for domestic
and commercial use of
renewable energy.
19. BIOMASS ENERGY
Biomass energy is
energy generated by
the burning of any
organism, for example
plant material.
Sugar cane stalks
bagasse, wood chips,
grass, rice and corn
husks and saw dust
waste, are readily
available options.
23. The Challenge is to find the
finance to harness these green
energy technologies.
The opportunity is to provide a
level cost of energy ,so that we
can move our economies
forward.
24. THE ULTIMATE GOAL
To optimize the utilization of the Caribbean’s diverse
and abundant mix of energy resources
to meet our present and future energy needs
efficiently, affordably and sustainably.
27. RENEWABLE ENERGY
OPTIONS
Solar Electricity (photo-voltaic) & Solar
Thermal
Wind
Ocean Thermal Energy Conversion
Land-fill Gases
Wave Energy
28. CONCLUSION
The Green Economy
Energy efficiency
Use conventional energy wisely
Maximum utilization of Renewable Energy
Development of new renewable options
Build Capacity to manufacture, install sell and service products.
Level the cost of energy to meet our growth needs
.
The need for energy is at the centre of all development. Energy is indeed the lifeblood of development. Energy demand will spiral in countries like Brazil and China, while modest growth will be seen in countries exhibiting slower rates of growth. There is no one solution to provide us with our energy needs.
The Caribbean, with its various dispersed energy resources, has had its economies severely impacted as a result of the steep escalation in fuel prices. In the 3 years between 2004 and 2007, fuel costs just about doubled to 12 billion US$.
Re ordering economic prosperity so that more persons benefit; structuring policies to eliminate poverty; and understanding the impact of climate change to vary our weather patterns, affect the crops we plant ,and with the potential to wipe out our treasured coastlines are considerations of enormous proportion.
Renewable energy is naturally available sources of motive ,heat or mechanical force which are constantly or intermittently available; and which can be harnessed. Renewable energy costs are based on the equipment for its capture, storage and delivery to the consumer.
I should not dwell too much on Solar Thermal, except for a few things. The technology difference between Solar Hot Water and Solar Electricity, is that solar thermal for hot water absorbs and transfers direct and diffused heat energy, using the same water as the heat storage medium; Solar electricity on the other hand is produced when sunlight is absorbed by selected semiconductor materials. These materials have two layers, one a negative charge, and the other a positive. When sunlight falls across the junction electricity is created.
Solar electricity differs from solar thermal
(Kodela, Curacao OR Lamberts, Barbados)
(three countries feeding into a waterfall of “Caribbean Energy Capital”)
