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Saturday, September 09, 2006 

Traveling across the Energy Security Paradigm in the Caribbean
Not so long ago, a Caribbean Forum titled: “Energy and the Competitiveness of the Caribbean” took aim at the challenges facing nations in regards to issues of diversification and investment policies toward safe energy resources for the region.

“Participants at the forum included energy ministers for the Caribbean governments, multilateral development banks, potential investors and project developers. Patrick Duddy, the U.S. government deputy assistant secretary of state for Western Hemisphere affairs, was among the U.S. government officials speaking at the event. A main theme for the forum was how to “diversify the Caribbean energy mix and move it beyond the dependence on imported oil and how clear investment policies can secure energy resources for the Caribbean”, see here.

It is clear that those issues carry significant importance vis-à-vis any policy designs, and the effectiveness of planning mechanisms as Small States have specific needs rooted with the nature of their local economies, and the prospects of sustainable practices as they position certain set of typologies where among them we can have "community-wide energy conservation programs."

As a matter of fact, the focus on investments and regulatory frameworks are critical aspects behind such discussions where diversification in energy security go a long way with the implementation and development of partnerships (Public/Private), in order to tackle and address the dynamics behind energy-efficiency programs, and community’s specific needs and goals. And in my opinion this is where the paths for the development of sustainable practices lie, by blending and strengthening the outcomes of Demand-Side Management (DMS) programs with full strategies positively impacting the promotion of efficiency, conservation, and renewable sources of energy.


And in more News:

*Development bank pushes for renewable energy investment in Caribbean

*Our Habitat, the Kyoto Protocol and Friendly Caribbean Sunshine

*T&T Prime Minister warns Caribbean countries to rethink PetroCaribe initiative


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