The Renewable Energy Industry in CARIFORUM Countries

RENEWABLE ENERGY INDUSTRY STAKEHOLDER ASSESSMENT

Stakeholder assessment was performed at the country level first inorder tounderstand thedynamics of the local RE industry and the relationship which may or may not exist between stakeholders. The RE Industry comprises of several actors who play specific roles. These stakeholders may easily be considered necessary for a sustainable RE industry but have not been fully manifested in all the countries included in the study. Countries are at different stages of their RE industry development and may therefore adopt different strategies in pursuit of their national targets. What has been observed is that while each country is different, there are many common characteristics. Ideally, a typical RE industry would have all the following stakeholders represented in a complex network of relationships. For such a model, all the stakeholders are required to be fully functional in order to ensure the industry’s sustainability.

In the relationship diagrams presented for each stakeholder in Chapter 3, the colour of the sections indicates the quality (1-5) of the relationship between two stakeholders; a selected stakeholder and each of the other stakeholders (outward perception of the relationship between self and others). Stakeholders not contacted directly, do not have such an outward relationship diagram.

RED | RATING 4 or 5

This rating indicates a non-existent or poor relationship which is not beneficial to the RE Industry stakeholders. In a Typical RE Industry, this would certainly hamper the performance of the industry. However, for a RE Industry shaped by active policy, the weight of any single stakeholder group may be diminished and therefore not have a negative impact on the overall performance of the RE industry or the attainment of set goals and targets.

LEAD GOVERNMENT MINISTRY

YELLOW | RATING 3

PRIVATE SECTOR INSTITUTIONS

REGIONAL INSTITUTIONS

This rating indicates a fair existing relationship which needs to be improved to become beneficial in a Typical RE Industry or to the local RE Industry demanded by active policy. In some cases, the level of engagement may be adequate.

RENEWABLE ENERGY COMPANIES

FUNDING AGENCIES

FINANCIAL INSTITUTIONS

HIGHER EDUCATION INSTITUTIONS

UTILITY REGULATOR

GREEN | RATING 1 OR 2

Figure 3.1 | Relationships Network in a Fully Evolved Typical RE Industry

This rating indicates a good relationship which is beneficial to the RE Industry stakeholders. This usually identifies a critical stakeholder relationship that is part of what the policy requires.

Thequalityof the relationships between stakeholders are rated from 1 to 5. They are represented in the figures below using a colour coded system described here.

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The Renewable Energy Industry in CARIFORUM Countries