Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia

Saint Lucia is highly dependent on imported fossil fuels for energy production, which makes the country vulnerable to price volatility and supply shortages. Also, it is well known that the initial cost of investing in renewable technologies can be prohibitive so there is a need to find ways to avert...

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Otros Autores: NU. CEPAL. Sede Subregional para el Caribe
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Lenguaje:English
Publicado: ECLAC 2016
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Acceso en línea:http://hdl.handle.net/11362/40461
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spelling oai-11362-404612020-11-19T01:58:04Z Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia NU. CEPAL. Sede Subregional para el Caribe German Agency for Technical Cooperation RECURSOS ENERGETICOS POLITICA ENERGETICA FUENTES DE ENERGIA RENOVABLES RENDIMIENTO ENERGETICO PROYECTOS DE DESARROLLO FINANCIACION ENERGY RESOURCES ENERGY POLICY RENEWABLE ENERGY SOURCES ENERGY EFFICIENCY DEVELOPMENT PROJECTS FINANCING Saint Lucia is highly dependent on imported fossil fuels for energy production, which makes the country vulnerable to price volatility and supply shortages. Also, it is well known that the initial cost of investing in renewable technologies can be prohibitive so there is a need to find ways to avert and/or reduce these costs to consumers. In addition, Saint Lucia has substantial natural energy resources with a high potential in geothermal as a reliable energy source, and a smaller scale with solar, wind and hydro power. However, renewable energy contributes less than 1 per cent to the country’s energy matrix. Therefore, the overall objective of this study is to examine financing opportunities which could provide greater incentives for the development of energy efficiency measures and deployment of renewable energy technologies. Executive summary .-- I. Introduction .-- II. The energy sector in Saint Lucia .-- III. Financing opportunities for energy projects .-- IV. Conclusions. 2016-08-16T14:31:36Z 2016-08-16T14:31:36Z 2016-05-20 Texto Documento Completo http://hdl.handle.net/11362/40461 LC/CAR/W.14 en .pdf application/pdf SANTA LUCIA SAINT LUCIA ECLAC
institution Cepal
collection Cepal
language English
topic RECURSOS ENERGETICOS
POLITICA ENERGETICA
FUENTES DE ENERGIA RENOVABLES
RENDIMIENTO ENERGETICO
PROYECTOS DE DESARROLLO
FINANCIACION
ENERGY RESOURCES
ENERGY POLICY
RENEWABLE ENERGY SOURCES
ENERGY EFFICIENCY
DEVELOPMENT PROJECTS
FINANCING
spellingShingle RECURSOS ENERGETICOS
POLITICA ENERGETICA
FUENTES DE ENERGIA RENOVABLES
RENDIMIENTO ENERGETICO
PROYECTOS DE DESARROLLO
FINANCIACION
ENERGY RESOURCES
ENERGY POLICY
RENEWABLE ENERGY SOURCES
ENERGY EFFICIENCY
DEVELOPMENT PROJECTS
FINANCING
Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
description Saint Lucia is highly dependent on imported fossil fuels for energy production, which makes the country vulnerable to price volatility and supply shortages. Also, it is well known that the initial cost of investing in renewable technologies can be prohibitive so there is a need to find ways to avert and/or reduce these costs to consumers. In addition, Saint Lucia has substantial natural energy resources with a high potential in geothermal as a reliable energy source, and a smaller scale with solar, wind and hydro power. However, renewable energy contributes less than 1 per cent to the country’s energy matrix. Therefore, the overall objective of this study is to examine financing opportunities which could provide greater incentives for the development of energy efficiency measures and deployment of renewable energy technologies.
author2 NU. CEPAL. Sede Subregional para el Caribe
author_facet NU. CEPAL. Sede Subregional para el Caribe
format Texto
title Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
title_short Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
title_full Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
title_fullStr Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
title_full_unstemmed Identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in Saint Lucia
title_sort identification of mechanisms for financing of energy efficiency and renewable energy initiatives to increase investment in saint lucia
publisher ECLAC
publishDate 2016
url http://hdl.handle.net/11362/40461
_version_ 1718436586964647936