The Renewable Energy Industry in CARIFORUM Countries

RENEWABLE ENERGY INDUSTRY STAKEHOLDER ASSESSMENT

ANTIGUA AND BARBUDA

The LGM has established reasonably good stakeholder relationships except for the HEIs which offer no courses at this time and therefore play no significant role.

3.1.2 | UTILITIES REGULATOR

LEAD GOVERNMENT MINISTRIES

The regulator is located within APUA alongside the electricity utility. While this is not the preferred arrangement, it has oversight for the arrangements between RE generators and the electricity utility, and as such, plays an important role in the RE industry. They regulate interconnection policy, compliance to quality, connection configuration and the feed-in tariff. Their relationship with the other key stakeholders is depicted in the diagram right. The regulatory function is still evolving and may not yet be exploring all the relationships necessary to develop the RE industry.

PRIVATE SECTOR INSTITUTIONS

REGIONAL INSTITUTIONS

UTILITIES REGULATOR

FUNDING AGENCIES

FINANCIAL INSTITUTIONS

HIGHER EDUCATION INSTITUTIONS

RENEWABLE ENERGY COMPANIES

Figure 3.3 | Relationships of Antigua’s Utilities Regulator

3.1.3 | FINANCIAL INSTITUTIONS

The financial institutions in Antigua are not very engaged with the other stakeholders. Commercial banks tend to treat RE requests like any other request and offer no preferential treatment. The RE Industry is also quite small with just single digit operators in the market. Consequently, the FIs currently play no significant role. The FI stakeholder relationships are extrapolated from the other stakeholders which interact with them.

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The Renewable Energy Industry in CARIFORUM Countries