Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
CARICOM member states would highly benefit from initiatives aimed at reducing fuel consumption and thereby improve energy security. This project is aimed at supporting institutional structures to promote renewable energy and energy efficiency in the Caribbean region. Hence, the GIZ mandated Econoler to work in collaboration with local stakeholders such as the CARICOM Secretariat, the new Centre for Renewable Energy and Energy Efficiency (CCREEE), the Caribbean Development Bank (CDB), CARICOM Regional Organisation for Standards and Quality (CROSQ), the Caribbean Electric Utility Services Corporation (CARILEC), etc.
Econoler has been mandated to develop a regional sub-policy, strategy and action plan on energy efficiency in the Caribbean region. To fulfill the objectives of this mandate, the following activities will be carried out.
- Collect data on all sectors of industry (energy supply and distribution, commercial, industrial, public, tourism and residential) to determine energy potential and EE savings targets;
- Analyze the data collected with the help of LEAP software and subsequently create four scenarios for each of the member states, notably two business-as-usual (BAU) scenarios (Scenario BAU-1: Fossil fuel-based supply; and Scenario BAU-2: Significant renewable power-based supply) and two EE target scenarios (Scenario EE-1: Fossil fuel-based supply; and Scenario EE-2: Significant renewable power-based supply);
- Carry out a survey of existing instruments for EE improvement, identify relevant policies and regulations in CARICOM member states, identify relevant programs and projects and survey the capacity of stakeholders for improving EE in the region to develop a regional EE action plan consistent with other policies in the region, including the CARICOM Regional Energy Efficiency Building Code and the CARICOM Regional Standard;
- Assess stakeholder capacity in the region and draft recommendations for reinforcing capacity to implement the EE action plan.