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Barbados National Energy Policy (BNEP 2019-2030) proposes a 100% renewable energy and carbon neutral island- state transformational goal by 2030.
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Presented at the CARISCIENCE 2019 “Caribbean Science and Innovation Meeting” Le Gosier, Guadeloupe, FWI. The study aims to highlight the behaviour of the sea state of the water mass surrounding the island. Access to this information should allow officials and investors to make a more conscious decision on the applicability of this green energy source. energy source. Key words: ocean, wave energy
The call for urgent action to address climate change and develop more sustainable modes of energy delivery is generally recognized. It is also apparent that batteries, both in the transportation and the power sectors, need to play a predominant role if the global community is to limit global warming to two degrees Celsius. Simply put, nations’ efforts will focus largely on electrifying transportation systems to be supported by power systems that deliver low carbon energy, using a range of renewable technologies. Stationary batteries will play a critical role in not only providing direct energy services, but also in acting as...
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The electrification of health centers, schools, and other public institutions has been limited by the slow expansion of national grids, which has staggering consequences for economic growth, poverty reduction, and the accumulation of human capital. Off-grid solar solutions have enormous potential to address the problem, both in Sub-Saharan Africa and across the world, but simply purchasing and installing the units without providing for adequate maintenance is not effective. Installing stand-alone solar units and servicing them through long-term performance-based contracts can give public institutions the electricity service they need at a cost governments can afford.
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In the last few years, IFC has prioritized an approach to creating bankable private sector infrastructure opportunities that is called Scaling focusing not on single asset development, but on a holistic approach that creates a pipeline of infrastructure projects. The essence of the Scaling approach is to develop a robust public-private partnership (PPP) model for a single deal and then replicate it. This spreads costs, enhances impact, and encourages programmatic, competitive tendering, with faster delivery and lower prices genuinely creating new markets. In some countries, this approach involved working with governments to design a process. In others, IFC has worked...
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This handbook seeks to raise awareness among utility managers, decision makers, and other stakeholders of the benefits of developing robust O&M strategies for all existing hydropower plants and those under development. Unlike many other forms of generation, the cost of implementing a robust O&M strategy for hydropower accounts for a relatively small percentage of the value of electricity generated. However, failure to implement adequate and sufficient O&M can result in very high costs due to increased losses of production (direct and indirect) and higher needs for rehabilitation and equipment replacement. Hence carrying out appropriate O&M strategies and related programs has...
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This report elucidates the role of financial innovation in the off-grid solar sector and provides a roadmap for practitioners, financiers, and entrepreneurs navigating capital raises for companies active in the sector. It examines a full range of established and frontier financing options. It illustrates that some technology-enabled financial innovations, such as peer-to-peer business lending, are already playing an important role in the sector. It was prepared by the World Bank Group and the Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School, with support from ESMAP.
The ongoing transformation of the global energy sector is opening possibilities for many developing countries to reach their energy access and service delivery goals in a lower cost, more sustainable manner, while combating climate change. New technologies, and new ways of using existing technologies such as geospatial data systems, smart grids, and smart meters are helping to develop resilient energy infrastructure and operate it more efficiently. These developments, combined with major cost reductions in renewable energy and storage solutions are presenting a strong prospect of a complete re-orientation of the energy sector towards a more decentralized, decarbonized and digitalized path....
The energy sector worldwide faces growing challenges related to rising demand, efficiency, changing supply and demand patterns, and a lack of analytics needed for optimal management. These challenges are more acute in emerging market nations. Efficiency issues are particularly problematic, as the prevalence of informal connections to the power grid means a large amount of power is neither measured nor billed, resulting in losses as well as greater CO2 emissions, as consumers have little incentive to rationally use energy they don’t pay for. The power sector in developed nations has already begun to use artificial intelligence and related technologies that...
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