1. Grenada Sustainable Energy Plan Stakeholders Meeting April 5, 2002

2. Grenada – A Clean Energy Nation The Government of Grenada, via the Ministry of Communications and Works, has expressed its commitment to increasing the sustainability of the energy sector. Sustainability may be achieved through increased use of renewable natural resources, increased energy efficiency and conservation, and improved transportation systems.

3. Goals of a Clean Energy Nation Increased economic development –Reduce fossil fuel imports –Increase development of domestic natural resources –Lower energy costs –Attract technology transfer/foreign investment Improved environmental protection –Local environment (improved tourism appeal) –Global environment (mitigate climate change emissions)

4. Defining a Course of Action The Government of Grenada, in collaboration with the Global Sustainable Energy Islands Initiative will prepare the way for Clean Energy Development through the development of a Sustainable Energy Plan –Articulate national goals and priorities for the energy sector –Establish specific energy sector targets Renewable energy utilization Energy efficiency/conservation –Articulate actions required to achieve the stated goals

5. Elements of a Sustainable Energy Plan I. Current Energy Framework: –Legal Structure (Utility/Regulation) –Generation portfolio Installed capacity Demand characteristics Key consumers (tourism, medical school, light industry, government, etc.) –Projections for expansion

6. Elements of a Sustainable Energy Plan (Cont.) II. Energy Sector Targets –Demand reductions (DSM; EE) 2005: Reduce demand by X%; X MW installed 2010: Reduce demand by X%: X MW installed –Renewable Energy Installations 2005: X MW (X% of projected demand) 2010: X MW (X% of projected demand) –GHG Emissions Reductions: X% reduction in diesel consumption/X% reduction in GHG (TOC)

7. Sustainable Energy Plan III. Sustainable Energy Technologies –Renewable Energy Systems Wind energy systems (primarily grid-tied wind farm) Geothermal power station (grid-tied) Biomass power station (grid-tied or co-generation) Solar photovoltaics (site-specific applications) Solar thermal H2O (site-specific applications)

8. Sustainable Energy Plan III. Sustainable Energy Tools –Energy Efficiency Measures Commercial sector reductions (incl. Tourism) Residential sector reductions (DSM) Industrial sector reductions (efficient machinery) –Transportation Sector Measures Alternative fueled vehicles Increased efficiency of fleet Improved roads/transportation systems

9. Proposed Actions to Achieve Targets IV. Assessment of Market and RE Potential –Integrated Sustainable Development Plan –UWI Report on Wind V. Promotion of Grid-Tied Renewables –Affect Electricity Pricing: Offer private power developers tax relief for RE investments Incorporate environmental externalities in calculation of generation costs Encourage private sector investment in generation (demonopolize the dector - G,T,D)

10. Proposed Actions to Achieve Targets V. Promotion of Grid-Tied Renewables, cont. –Generation Expansion - Technology Selection Renewable energy portfolio standard (require 10-30% of installed capacity from renewables) –Increase human capacity/awareness Establish training programs Launch national education/awareness program –Renewable Energy Financing Create a dedicated renewable energy fund to concessional financing

11. Proposed Actions to Achieve Targets VI. Independent Solar Energy Initiative –National Solar Water Heating Initiative National awareness initiative Tax relief for solar water heating system purchases –Encourage solar PV system deployment –Attract solar manufacturer/assembly plant investment

12. IV. Proposed Actions to Achieve Targets VII. Energy Efficiency Initiatives –Public buildings energy efficiency retrofits –Initiate comprehensive capacity building initiative –Catalyze the establishment of ESCOs –Launch national DSM program –Participate in Caribbean EE Program (CEAP) –Establish appliance and building norms and standards –Create/promote hotel Green Globe Program

13. IV. Proposed Actions to Achieve Targets VIII. Cross-Cutting Electricity Issues –Analyze potential for electric utility reform –Open opportunities for IPPs –Establish a CDM strategy

14. Proposed Actions to Achieve Targets IX. Transportation Sector Reforms –Establish alternative fuel vehicle demo fleet –Impose regulations for higher efficiency among vehicles –Improvements in public transportation systems

15. Next Steps in the Development of a Sustainable Energy Plan Conclusions - Benefits to Grenada and the rest of the world –Energy benefits Energy security; domestic natural resource utilization; technology transfer/investment increase –Environmental benefits Local and global emissions reductions –Economic benefits Reduce import dependency; job creation; lower generation costs