The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

4.2.7 | COUNTRY PERFORMANCE COMPARED TO POTENTIAL

Antigua and Barbuda, Barbados and Jamaica are the only countries whose RE industries are delivering the majority of what is expected of the industry overall. The Bahamas, Suriname and Trinidad and Tobago are currently delivering the least, with the others ranging from 28% to 48%. As expected, the late starters and those with few committed resources have delivered the least while the first movers have delivered the most. Jamaica, Antigua and Barbuda and Barbados are the only countries which appear to over-perform. A comparison of potential and performance is shown in figure 4.9 and table 4.7 below.

COUNTRY

POTENTIAL

PERFORMANCE

VARIANCE

Antigua & Barbuda

44% 36% 62% 53% 42% 49% 59% 49% 51% 50% 46% 58% 52% 39% 52%

53% 21% 75% 39% 35% 29% 40% 43% 35% 65% 28% 39% 48% 24% 21%

10% -15% 13% -14%

Bahamas Barbados

Belize

Dominica

-7%

Dominican Republic

- 20% -19%

Grenada Guyana

-5%

Haiti

-16% 15% -19% -19% - 4% -15% - 31%

Jamaica

St. Kitts & Nevis

St. Lucia

St. Vincent & Grenadines

Suriname

Trinidad & Tobago

Table 4.7 | Country Potential Vs Performance

The Renewable Energy Industry in CARIFORUM Countries

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