The Islands of the Caribbean are known to have some of the highest electricity rates in the world, with the exception of only a few. This is primarily because more than 95 percent of their energy consumption is derived from imported petroleum products. The U.S. Department of Energy and its partners, through the Energy Transition… Continue reading Island Energy Snapshots – the Caribbean
Tag: Energy Efficiency
What’s price got to do with it?
A lot, apparently. This is especially true when it comes to how efficiently we use electricity in Trinidad and Tobago, and by extension, our natural resources, since virtually all the electricity we use is generated from natural gas. In Trinidad and Tobago, the average price of electricity is a mere US$ 0.06 per kilowatt hour… Continue reading What’s price got to do with it?
Energy Intensity Index
So what is Energy Intensity index exactly and why is it important? Energy intensity is a measure of energy conversion that is expressed as the amount of energy consumed per unit output. The energy intensity index (EII) is used to measure the efficiency of a country's economy and is expressed as the ratio of a nation's… Continue reading Energy Intensity Index