energy
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Guyana among other CARICOM countries to cut back reliance on PetroCaribe
At least four Caribbean Community (CARICOM) member countries are taking steps to reduce their reliance on Venezuela’s PetroCaribe oil subsidy as crude prices plunge, according to the International Monetary Fund (IMF). The four countries are Guyana, Haiti, Belize and Jamaica and it’s a move other countries should follow, said David Voght, managing director of energy consultancy IPD Latin America. The…
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Venezuela commits to PetroCaribe despite oil price dip
CARACAS, November 20, 2014 – Venezuela on Thursday pledged that the preferences given to regional countries under the PetroCaribe Agreement will remain in place, with oil being supplied on favorable terms to member states despite a drop in international crude prices. This commitment was given during a meeting of PetroCaribe member states in Caracas to review the current situation. Venezuela's…
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Multiple renewable energy options in all CARICOM Member States – Dr. Devon Gardner
Multiple renewable energy options exist in all Caribbean Community (CARICOM) Member States in all of them, the obvious one being solar. All are medium to high in terms of solar energy potential, Dr. Devon Gardner, Energy Programme Manager at the CARICOM Secretariat, revealed. In varying degrees, Member States also have geo-thermal, hydro, and wind sources of energy, Dr. Gardner said.…
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Urgency Required on Alternative Energy
The Caribbean needs to embrace a transition to 100 per cent adoption of Renewable Energy as if its very life depends on it. This was the general view from a panel discussion on alternative energy which formed part of the programme on Wednesday of Caribbean Exporters’ Colloquium 2014, organised by the Caribbean Export Development Agency (Caribbean Export) and funded by…
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Energy: a critical integration tool – Dr. Devon Gardner, Programme Manager, Energy, CARICOM Secretar
A few short weeks after he became a member of the Caribbean Community (CARICOM) Secretariat family, Dr. Devon Gardner got his feet wet at a meeting of the Council for Trade and Economic Development (COTED) where he made a presentation on a critical proposal to the Community’s energy thrust. His rapid-fire, succinct delivery, though late in the evening, held the…
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Welcome Remarks by Ambassador Gail Mathurin at the Fourth Caribbean Sustainable Energy Forum 2014
Greetings and apologies from the Secretary-General of the Caribbean Community – Ambassador Irwin LaRocque who is unable to attend but sends his best wishes for a successful forum. I am delighted that you are here in Barbados for the Opening of this event. The Caribbean Sustainable Energy Forum (CSEF) is a biennial renewable energy and energy efficiency forum that has…
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CARICOM Secretariat Will Host the 4th Caribbean Sustainable Energy Forum (CSEF), 12-14 November 2014
The Caribbean Community (CARICOM) Secretariat will be partnering with the Caribbean Development Bank (CDB) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) through the Renewable Energy and Energy Efficiency (REETA) Project in hosting the Fourth Caribbean Sustainable Energy Forum (CSEF). The Forum will be held from the 13-14 November 2014 at the Office of Caribbean Development Bank in St. Michael,…
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IMF warns of possible changes to PetroCaribe arrangement
Montego Bay, St James — A director, Western Hemisphere department, International Monetary Fund (IMF), Alejandro Werner says the dip in the price of oil will benefit much of the region's current accounts, so long as it doesn't inadvertently lead to the end of the PetroCaribe arrangement. Addressing the 2014 High Level Caribbean Forum under the theme “Unlocking Economic Growth,” in…
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Government announces new regulation as the country explores for oil
NASSAU, Bahamas, Oct 8, CMC – The Bahamas government Wednesday said it has completed the preparation of a new Petroleum Act and a suite of regulations designed to guide and govern oil exploration in country. Environment and Housing Minister Kenred M.A. Dorsett said the legislation and regulations will form “an integral part” of the recently announced National Energy policy.…
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