The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

4.1 | RE INDUSTRY CHARACTERISTICS

4.1.1 | DEFINITION

One functional definition of the Renewable Energy Industry is the collection of activities and relationships that contribute to the development, generation, sale, purchase and management of renewable products and services which are utilized to support a cleaner energy environment. This includes renewable energy and energy efficiency. The regional energy policy along with the C-SERMS references these two areas extensively and while separate targets are set, they are treated with the same urgency and always together. The C-SERMS document specifically points out that we, “need to find synergies across renewables and to integrate them with energy efficiency efforts”. There is no plan on renewable energy that excludes energy efficiency. Rather, existing energy plans make every effort to marry the two; RE and EE, as observed in the formation of the CCREEE. Given that these two interventions are inextricably linked and strategically approached together, this study has elected to stick with international, regional and national approaches to addressing regional energy and cost concerns. These relationships drive the activities between stakeholders and influence the sustainability of the RE Industry. Based on the relationships presented for each country included in the scope of this study, it is possible to show the active parts of the RE Industries. The quality of the relationships is depicted using the colour coding system from Section 3.0, with the number rating also shown for the stakeholder groups in the RE Industry. While the relationships in Section 3.0 only reflected one side of the relationship (outwards from a single stakeholder to the others), the table on the following pages now also includes the relationships from each of the other stakeholders to a single stakeholder (inward). By combining both the inward and the outward sides of the relationship, we can obtain a more comprehensive rating of the stakeholder relationships. As a reminder green represents a good relationship, magenta represents a fair relationship and red represents a poor relationship.

118

The Renewable Energy Industry in CARIFORUM Countries