by Christopher Barton and Lumas Kendrick There is an inseparable linkage between the fiscal crisis confronting the Caribbean Region and the reality of paying some of the world’s highest per capita energy costs. The countries in the region are encumbered with the necessity to import increasingly expensive oil products for transportation and electricity generation. Covering the … [Read more...] about A new Caribbean energy future is needed today
energy
Trinidad and Tobago’s Energy Market
Trinidad and Tobago: Energy Market Overview Trinidad and Tobago are the southernmost of the Caribbean islands and are located just seven miles off Venezuela’s north-eastern coast. It is home to a population of 1.32 million people. Trinidad and Tobago’s economy is highly dependent on the energy sector which accounts for 45.3 percent of national GDP (2011), provides 57.5 percent … [Read more...] about Trinidad and Tobago’s Energy Market
Dominican Republic’s Energy Market
Dominican Republic – Energy Matrix & Regulatory Framework With a gross domestic product (measured at PPP) of USD 90 billion and a population of 10.3 million people, the Dominican Republic is the largest economy in the Caribbean and has the largest population after Cuba. Its energy matrix is dominated by the import of fossil fuels as primary sources (crude oil, natural gas … [Read more...] about Dominican Republic’s Energy Market
Haiti’s Energy Market
Haiti: Energy Market Overview Haiti is located in the central Caribbean and occupies the western part of the island of Hispaniola together with its direct neighbor the Dominican Republic. It has a population of 9.7 million people and 60 percent of the population live in rural areas. Nonetheless there is substantial pressure on urban areas as the population there has more than … [Read more...] about Haiti’s Energy Market
Barbados’ Energy Market
Barbados: Energy Market Overview Barbados is an island state in the Lesser Antilles located about 180 km east of St. Vincent and the Grenadines. Barbados has a population of 284,000 people living on just 431 square kilometers, making it one of the most densely population islands in the world. Around 25 percent of Barbados’ population live in the capital Bridgetown. … [Read more...] about Barbados’ Energy Market