Cities are at the forefront of the global energy transition. As hubs of innovation and high energy consumption, they are uniquely positioned to lead the shift toward sustainability. Transitioning to 100% renewables for cities offers significant environmental, economic, and social benefits, but it also presents complex challenges. With rapid advancements in technology, supportive policies, and … Read more
Caribbean utilities face unique energy challenges, from high dependency on imported fuels to frequent natural disasters and aging infrastructure. These obstacles drive up costs, hinder reliability, and delay sustainable progress. The right strategies can make a difference. Regional cooperation, renewable integration, and financial reform can transform the energy landscape for Caribbean nations. In this post, … Read more
The Caribbean’s energy landscape faces unique challenges. Heavy reliance on imported fossil fuels, frequent natural disasters, and aging infrastructure lead to high costs and service disruptions. Energy challenges, like financial constraints and outdated regulatory frameworks further hinder sustainable progress. This post explores the critical financial and policy hurdles Caribbean utilities must overcome to achieve resilience … Read more
The Caribbean utilities face an intricate web of challenges that threaten their stability and resilience. The reliance on imported fossil fuels drives up energy costs. This also exposes economies to price volatility. Natural disasters relentlessly disrupt power infrastructure. These issues converge to create significant obstacles. Compounding these are aging electrical systems, which strain under increasing … Read more
The CREGI-RES Project: Pioneering Sustainable Energy The Caribbean Development Bank (CDB) has conceived the Accelerated Sustainable Energy and Resilient Transition (ASERT) ASERT-2030 Framework. This is part of the CDB’s Energy Sector Policy and Strategy (ESPS). The goal is to aid its leadership role in pursuing renewable energy projects. The CREGI-RES project (Caribbean Regional Electricity Grid … Read more
The Promise of Electricity Trade Cross-border electricity trade refers to the exchange of electricity between neighboring countries. In today’s interconnected world, cross-border electricity trade has emerged as a pivotal element in achieving sustainable energy goals. This form of trade enables countries to share surplus power. It provides access to reliable electricity. As a result, it … Read more
The energy industry is a critical pillar of the global economy, powering homes, businesses, and industries worldwide. Despite the rapid growth of the global economy and population, energy consumption will grow by only 14%. However, the industry faces significant challenges due to increasing demand and the urgent need to reduce greenhouse gas (GHG) emissions. The … Read more
