1. Results of the C-SERMS Phase 1 Baseline Report & Suggestions for Moving Forward In partnership with: REETA workshop, Georgetown, Barbados 10-12 February 2014

2. Overview Introduction of C-SERMS 1 Assessing Current Status & Potential Building Targets Identifying Priorities – Data Gaps – Concrete Set of Suggestions for Moving Forward Regional level National level

3. Worldwatch in the Caribbean Dominican Republic Wind and Solar Roadmap EEP, 2012 C-SERMS Phase I Baseline Report CARICOM & IDB, 2013 (first draft) Sustainable Energy Roadmaps in the Dominican Republic, Haiti and Jamaica ICI of the German Government, 2013 & 2014 10 Islands Profiles & Regional Matrix Carbon War Room, 2014 Barbados, Dominica, Jamaica, St. Lucia Water and Energy Regulation Studies & Synthesis Report of Lessons Learned ADB, 2014 Study on the Development of the Renewable Energy Market in LAm & the Caribbean IDB, 2014 Collaborating with many additional stakeholders in the region

5. Current Status & Potential, CARICOM Energy Sector

6. CARICOM Energy & Dev’t Challenges Technical Isolated grid networks Small overall generation capacity Inability to meet existing and future demand Outdated equipment Low efficiency Socioeconomic High electricity tariffs Vulnerability to rising, volatile fuel prices Missed opportunities for domestic investment and jobs Energy poverty Environmental Local air, freshwater and ocean pollution Deforestation Degradation and depletion of natural habitats, ecosystems and resources Global climate change

7. Energy System Analysis Country Installed Renewable Power Capacity (MW) Installed Capacity (MW) Projected Capacity Needs in 2027 (MW) Antigua and Barbuda0.05113 287 The Bahamas0.0575 1,405 Barbados1.4240 708 Belize80.4136 264 Dominica4.824 46 Grenada0.3853 176 Guyana54.2435 1,195 Haiti54.0261 590 Jamaica64.7925 1,976 Montserrat0.02 8.36 St. Kitts and Nevis2.263 128 St. Lucia0.0786 250 St. Vincent & the Grenadines5.660 108 Suriname189410 877 Trinidad and Tobago0.02,416.7 3,674 CARICOM TOTAL456.85,800.7 11,692.36

8. CARICOM Renewable Energy Potential HydroWindGeothermalSolarBiomass/ Other Antigua and Barbuda The Bahamas Barbados Belize ** * * Dominica Grenada Guyana Haiti Jamaica Montserrat * St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Suriname * Trinidad and Tobago Key: Extremely High (>100%) High (50-100%) Medium (20-50%) Low (0-20%)NoneUnknown

9. RE Costs vs. Electricity Tariffs

10. Existing Policy Environment Key: In PlaceIn developmentSuggested

11. Building Targets

12. CARICOM Regional Targets

13. RE & CO2 Targets Horizon Target Year CARICOM Sustainable Energy Targets adopted by CARICOM member states CARICOM Emissions Reduction Targets (CO 2 emissions reductions in the power sector against BAU) Short Term (5 years) 201720%18% Medium Term (10 years) 202228%32% Long Term (15 years) 202747%46%

14. Indicative Country Targets to Meet Regional Goals Country Estimated National Renewable Share of Installed Capacity to Meet Regional Target of 47% by 2027 Estimated Renewable Energy Share of Generation in 2027 (based on installed capacity target) Estimated CO 2 Emissions Reduction (against BAU in 2027) Antigua and Barbuda61%62% The Bahamas55%51% 53% Barbados67%55% 61% Belize76%85% 62% Dominica56%100% Grenada70%100% Guyana84%90% 82% Haiti46%52% 44% Jamaica58%40% 51% Montserrat34%100% St. Kitts and NevisSt. Kitts: 57%; Nevis: 67%St Kitts: 100%; Nevis: 100% 100% St. Lucia69%100% St. Vincent and the Grenadines59%81% 78% Suriname52%60% 43% Trinidad and Tobago52%29%

15. Identifying Priorities 1. Closing Existing Data Gaps

16. Existing Data Gaps Thorough analysis of electricity end users Detailed data on fuel import costs Assessment of grid functionality and storage potential Detailed data on power plants in operation Updated power sector capacity plans Electricity Renewable energy’s cost effectiveness not calculated, understood or communicated Unavailability of renewable energy assessments and technology feasibility studies Higher-resolution assessments for priority geographic locations not conducted and/or communicated Resource complementarity in integrated energy planning not conducted and/or communicated Energy audits not conducted and/or communicated Renewable Energy and Energy Efficiency

17. Existing Data Gaps Coordinate data collection and analysis of transportation Updated sector plans and strategies Transportation Updated emissions reduction plans and strategies Updated greenhouse gas inventories Sectoral emissions data CO2 Emissions National-level assessments of institutional effectiveness National-level assessment of policy effectiveness and efficiency Policy and Administration

18. Identifying Priorities 2. Regional Level

19. Roadmap & Strategy Information: improve the region’s energy information network by strengthening existing information systems and building awareness of renewable energy Finance: identify innovative financing mechanisms for renewable energy projects Policy: support the implementation of regulatory frameworks that enable renewable energy development Capacity: build technical capacity among players in the renewable energy field including project developers, financiers, engineers and technicians, policymakers, and planners

20. Regional Priorities SHORT TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Set Regional Standards  Mainstream Renewable Energy  Promote Capacity in Research, Development, and Innovation (RDI) 

21. Regional Priorities MEDIUM TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Develop Targeted Financing Tools to Support Key High Impact Areas  Build Capacities with Key Supporting Stakeholders  Conduct On-Site Feasibility for Priority Resources Identified  Support and Manage Regional Electricity Interconnection  Develop Targeted Financing Tools to Support Key High Impact Areas 

22. Regional Priorities LONG TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Coordinate International Finance  Coordinate Information Gathering and Communication  Conduct Regional Assessment of Technological Lessons Learned  Coordinate International Initiatives in the Region 

23. Identifying Priorities 3. National Level

24. Policy Recommendations Vision & Long-Term Goals Concrete Policy Mechanisms Governance & Administrative Efficiency Technical Assessment Energy Efficiency Potential Renewable Energy Potential Grid Solutions Financing Options Gap Analysis International Support & Cooperation Domestic Reform & Capacity Building Socio-Economic Analysis Levelized Cost of Energy + Energy Scenarios Macroeconomic Effects Sustainable Energy Roadmaps

25. National Priorities SHORT TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Incentivize Renewable Generation Through Regulatory Reform  Support Energy Efficiency Through Targeted Legislation  De-Monopolize Grid Access and Encourage IPP Generation  Maximize Societal Benefits of Sustainable Energy 

26. National Priorities MEDIUM TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Implement Policies to Support the Growth of Renewable Energy in the Transportation Sector  Improve Institutional Effectiveness  Simplify Regulatory Compliance  Conduct and Communicate Key Resource and Technical Assessments  Conduct On-Site Feasibility for Priority Resources Identified 

27. National Priorities LONG TERM 20142014 20162016 20182018 20202020 20222022 20242024 20262026 Utilize Government Resources to Promote Renewable Energy  Ensure Policy Effectiveness 

28. Thank you! Alexander Ochs Director of Climate and Energy aochs@worldwatch.org +1 202 745 8092 x511

29. Priority Projects Finalize and implement drilling risk fund for geothermal development in Eastern Caribbean Islands Resolve data gaps in transportation sector and levels for energy efficiency levels and carbon emissions. Complete renewable energy resource analysis in each member country Perform LCOE+ in each country for a thorough understanding of current energy choices