Economics, Renewable Energy

Distributed RE Integration Policies in the Caribbean

The high cost of electricity in the small islands of the Caribbean has drive the various governments to take a serious look at incorporating various forms of renewable energy source into their country's energy mix. As a result electricity markets across the region have seen the introduction of grid interconnection policies, allowing end users with… Continue reading Distributed RE Integration Policies in the Caribbean

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Economics

Renewable Power is Cost Competitive

The International Renewable Energy Agency (IRENA) in its REmap 2030 report highlighted that "renewable technologies are now the most economic solution for new capacity in an increasing number of countries and regions." This was attributed to the declining cost to deliver electricity from solar photovoltaics (PV), concentrated solar power (CSP) and wind, meanwhile hydropower, biomass… Continue reading Renewable Power is Cost Competitive