In order to develop geothermal power, abundant underground heat and steam is required, which is not that easy to find. At the same time, large investments are needed in assessing the resource, conducting exploratory drilling, constructing geothermal plants, and building transmission lines. Small Islands Developing States (SIDS), like those in the Eastern Caribbean, have the … [Read more...] about Developing Geothermal Power in Small Islands Developing States
Climate Change & Environment
The Caribbean’s leading technology and innovation summit is on in Montego Bay this weekend. Tech Beach Retreat is flipping the stereotype of sun, sea and sand literally on its head, bringing some of the best minds in global innovation together for a weekend of collaboration and networking. But it’s more than a talk shop and drinks on the beach, the level of discourse aims to … [Read more...] about Technology on the beach
We are living through the Fourth Industrial Revolution. It is driven by technological advancements that have the potential to foster innovative growth and benefit development at an unprecedented rate and scope. These technologies include Artificial Intelligence (AI), the Internet of Things (IoT), robotics, big data, and 3D printing. Let us focus on AI. As defined by the … [Read more...] about Artificial Intelligence and the Caribbean
Did you know that oceans contribute nearly $21 billion to the GDP of Latin America and the Caribbean? Oceans also provide services that are not yet quantifiable, such as carbon sequestration, coastal protection, and the provision of critical habitat for biodiversity. The Worldwide Fund for Nature estimates that these services could be worth $2.5 billion every year. It is … [Read more...] about ‘Blue- Tech’ Challenge could help Caribbean solve pressing coastal problems
We live in a unique moment in history where the pace of technological change is evolving at an exponential rate and the speed of digital transformation has no precedence. Twenty years ago, the rate of digital traffic per day was approximately 20 gigabytes. Today, digital traffic has grown to two exabytes (EB) per day (1 EB is equal to 1billion gigabytes). Internet usage by … [Read more...] about Welcome to the first issue of The Next Wave Magazine!