The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

4.2.4 | IMPLEMENTER STAKEHOLDERS

IMPLEMENTATION

IMPLEMENTATION

ELECTRICITY UTILITIES INDEPENDENT POWER PRODUCERS DEMONSTRATION SYSTEMS STAND-ALONE SYSTEMS GRID-CONNECTED SYSTEMS

RENEWABLE ENERGY COMPANIES ENERGY EFFICIENCY COMPANIES

Figure 4.6 | Implementation Stakeholders Functions

The Implementation stakeholders utilize all the resources provided by the other three stakeholder groups to push their products and services. Total failure of any group would significantly hamper RE and EE firm’s ability to work, where that work is shaped by the policies and regulations of the country. Potential work is determined by whether the utility can integrate RE into their network, or IPP are allowed, or grid-connection is allowed. Stand-alone systems are limited in number outside of those countries with remote communities. Fully stand-alone systems are doubly expensive since they must be totally self-sufficient apart from the national grid under all conditions.

Implementers deploy RE systems and EE interventions for clients who are mostly required to secure financing. Some types of Energy Service Companies (ESCO) do provide financing and receive their payments from customer savings, but these are not widely found amongst regional firms. One positive shock is the injection of direct investment into the industry. This would be the creation of new equity in an IPP or the utility and would create opportunities for work locally even if the project is directed by an investor; local or foreign.

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The Renewable Energy Industry in CARIFORUM Countries