Stakeholders in the energy and transportation sectors were charged not to wait until a comprehensive plan and perfect conditions are available in order to get started during today’s online discussion, which focused on innovation opportunities and the Caribbean reality. The discussion, which was hosted by the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) and the Energy Unit of the CARICOM Secretariat, saw more than two hundred stakeholders gathered to hear from regional and global experts in the field. Stakeholders also had the opportunity to vent their opinions and have their queries addressed.
There are various tools involved in developing medium and long-term plans for the electricity sector. Whether planners are building models and forecasts themselves or evaluating the work of external consultants, they need an appreciation for the techniques and theory behind the models and forecast for electricity supply, transmission, distribution and demand. The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) hosted a capacity building session on modelling tools, held virtually on Wednesday, November 4, 2020. This was an introductory presentation on various tools used in electricity sector planning, ranging from simple to sophisticated, as well as how these tools...
Financial institutions across the Caribbean Community had the opportunity to learn more about project support systems and tools within the renewable energy and energy efficiency space. Although renewable energy and energy efficiency technology have seen notable decreases in cost, leading to significantly lower capital needed to invest in new systems, financing renewable energy projects remains a major difficulty in the region. Project development support, along with risk reduction measures can therefore increase investment in these projects. To support this endeavour, the CARICOM Development Fund (CDF) and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) partnered to develop a...