1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
2.1 Cumulative Installed Capacity in CARICOM to reach
212.7GW by 2030
2.2 Thermal is the Major Source of Electricity in the Region
2.3 Shift in Capacity Mix – Renewables to Lead Future Development
2.4 Renewable Energy Targets Supported by Financial Incentives a Key Driver for Renewable Development
3 Introduction
3.1 GlobalData Report Guidance
4 Power Market, CARICOM Countries
4.1 Power Market, CARICOM Countries, Present Scenario
4.1 Power Market, CARICOM Countries, Installed Capacity, 2006–2018
4.1.1 Power Market, CARICOM Countries, Installed Capacity Mix, 2018
4.2 Power Market, CARICOM Countries, Future Outlook
4.2.1 Power Market, CARICOM Countries, Installed Capacity, 2019–2030
4.2.2 Power Market, CARICOM Countries, Installed Capacity Mix, 2018–2030
5 Power Market, Anguilla
5.1 Power Market, Anguilla, Present Scenario
5.2 Power Market, Anguilla, Installed Capacity, 2006–2018
5.2.1 Power Market, Anguilla, Installed Capacity Mix, 2018
5.3 Power Market, Anguilla, Future Outlook
5.3.1 Power Market, Anguilla, Installed Capacity, 2019–2030
5.3.2 Power Market, Anguilla, Installed Capacity Mix, 2018–2030
5.4 Power Market, Anguilla, Renewable Policy and Roadmap
5.4.1 National Energy Policy
5.4.2 Climate Change Plan
5.4.3 Renewable Energy Integration Project
5.4.4 Training to initiate a National Energy Efficiency Strategy
5.4.5 New sustainable energy project
5.5 Opportunities and Threats in Renewable Energy Deployment
5.5.1 Opportunities
5.5.2 Threats
5.6 Power Market, Anguilla, Electricity Tariff by Segment
6 Power Market, Antigua and Barbuda
6.1 Power Market, Antigua and Barbuda, Present Scenario
6.2 Power Market, Antigua and Barbuda, Installed Capacity, 2006–2018
6.2.1 Power Market, Antigua and Barbuda, Installed Capacity Mix, 2018
6.3 Power Market, Antigua and Barbuda, Future Outlook
6.3.1 Power Market, Antigua and Barbuda, Installed Capacity, 2019–2030
6.3.2 Power Market, Antigua and Barbuda, Installed Capacity Mix, 2018–2030
6.3.3 Power Market, Antigua and Barbuda, Goal Vs. Possible Achievement, 2020 & 2030
6.4 Power Market, Antigua and Barbuda, Renewable Policy and Roadmap
6.4.1 National Energy Policy
6.4.2 Renewable Energy Act
6.4.3 Crypto currency to develop renewable energy
6.4.4 Deals & Contracts
6.4.5 Renewable Energy for reconstruction in Antigua & Barbuda
6.5 Opportunities and Threats in Renewable Energy Deployment
6.5.1 Opportunities
6.5.2 Threats
6.6 Power Market, Antigua and Barbuda, Electricity Tariff by Segment
7 Power Market, Aruba
7.1 Power Market, Aruba, Present Scenario
7.2 Power Market, Aruba, Installed Capacity, 2006–2018
7.2.1 Power Market, Aruba, Installed Capacity Mix, 2018
7.3 Power Market, Aruba, Future Outlook
7.3.1 Power Market, Aruba, Installed Capacity, 2019–2030
7.3.2 Power Market, Aruba, Installed Capacity Mix, 2018–2030
7.3.3 Power Market, Aruba, Goal Vs. Possible Achievement
7.4 Power Market, Aruba, Renewable Policy and Roadmap
7.4.1 2020 Vision Green Deck Aruba
7.4.2 RAS (Renewable, Affordable, and Sustainable) Framework
7.4.3 Net Metering
7.4.4 Solar tariffs
7.4.5 Tax Exemption
7.4.6 Wartsila Smart Power Generation plant to support Aruba’s move to renewable energy
7.4.7 K&M Supporting Solar PV Expansion in Aruba
7.4.8 New Solar Project launched in Aruba in 2017
7.5 Opportunities and Threats in Renewable Energy Deployment
7.5.1 Opportunities
7.5.2 Threats
7.6 Power Market, Aruba, Electricity Tariff by Segment
8 Power Market, Barbados
8.1 Power Market, Barbados, Present Scenario
8.2 Power Market, Barbados, Installed Capacity, 2006–2018
8.2.1 Power Market, Barbados, Installed Capacity Mix, 2018
8.3 Power Market, Barbados, Future Outlook
8.3.1 Power Market, Barbados, Installed Capacity, 2019–2030
8.3.2 Power Market, Barbados, Installed Capacity Mix, 2018–2030
8.3.3 Power Market, Barbados, Goal Vs. Possible Achievement
8.4 Power Market, Barbados, Renewable Policy and Roadmap
8.4.1 National Energy Policy, 2019-2030
8.4.2 Barbados National Energy Policy (BNEP), 2017–2037
8.4.3 Climate Change Policy
8.4.4 National Sustainable Energy Policy
8.4.5 The Electric Light and Power Act of 2013
8.4.6 Net Billing Scheme
8.4.7 Tax Credits
8.4.8 Public Sector Smart Energy Program (PSPP)
8.4.9 Funds and Grants
8.4.10 New Solar PV system installed in Barbados
8.5 Opportunities and Threats in Renewable Energy Deployment
8.5.1 Opportunities
8.5.2 Threats
8.6 Power Market, Barbados, Electricity Tariff by Segment
9 Power Market, Bahamas
9.1 Power Market, Bahamas, Present Scenario
9.2 Power Market, Bahamas, Installed Capacity, 2006–2018
9.2.1 Power Market, Bahamas, Installed Capacity Mix, 2018
9.3 Power Market, Bahamas, Future Outlook
9.3.1 Power Market, Bahamas, Installed Capacity, 2019–2030
9.3.2 Power Market, Bahamas, Installed Capacity Mix, 2018–2030
9.3.3 Power Market, Bahamas, Target Vs. Possible Achievement, 2030
9.4 Power Market, Bahamas, Renewable Policy and Roadmap
9.4.1 National Energy Policy, 2013-2033
9.4.2 BPL signs contract with Wartsila for new power plant at Clifton Pier
9.4.3 Integrated Resource Plan (Draft)
9.4.4 Small –scale renewable generation Program (SSRG)
9.4.5 Family Islands Solar Energy Program
9.4.6 Memorandum of Understanding (MoU)
9.4.7 Tenders and Contracts
9.4.8 First Utility-scale PV plant
9.4.9 Carbon War room
9.4.10 Import Duties
9.5 Opportunities and Threats in Renewable Energy Deployment
9.5.1 Opportunities
9.5.2 Threats
9.6 Power Market, Bahamas, Electricity Tariff by Segment
10 Power Market, Belize
10.1 Power Market, Belize, Present Scenario
10.2 Power Market, Belize, Installed Capacity, 2006–2018
10.2.1 Power Market, Belize, Installed Capacity Mix, 2018
10.3 Power Market, Belize, Future Outlook
10.3.1 Power Market, Belize, Installed Capacity, 2019–2030
10.3.2 Power Market, Belize, Installed Capacity Mix, 2018–2030
10.3.3 Power Market, Belize, Target Vs. Possible Achievement, 2030
10.4 Power Market, Belize, Renewable Policy and Roadmap
10.4.1 Horizon 2030
10.4.2 The Electricity Act
10.4.3 National Energy Policy Framework
10.4.4 National Climate Change Policy, Strategy and Action Plan (2015-2020)
10.4.5 Sustainable energy action plan Belize 2014-2030
10.4.6 Growth and Sustainable Development Strategy (GSDS), 2016-2019
10.4.7 National Climate Resilience Investment Plan (NCRIP)
10.4.8 Energy resilience for climate adaptation project (ERCAP)
10.4.9 National Solid Waste Management Policy (NSWMP)
10.4.10 Auctions and Tenders
10.5 Opportunities and Threats in Renewable Energy Deployment
10.5.1 Opportunities
10.5.2 Threats
10.6 Power Market, Belize, Electricity Tariff by Segment
11 Power Market, Bermuda
11.1 Power Market, Bermuda, Present Scenario
11.2 Power Market, Bermuda, Installed Capacity, 2006–2018
11.2.1 Power Market, Bermuda, Installed Capacity Mix, 2018
11.3 Power Market, Bermuda, Future Outlook
11.3.1 Power Market, Bermuda, Installed Capacity, 2019–2030
11.3.2 Power Market, Bermuda, Installed Capacity Mix, 2018–2030
11.3.3 Power Market, Bermuda, Target Vs. Possible Achievement
11.4 Power Market, Bermuda, Renewable Policy and Roadmap
11.4.1 National Electricity Sector Policy
11.4.2 New Integrated Resource Plan (IRP)
11.4.3 New Energy Storage Solution
11.4.4 Solar Energy Rebate Program
11.4.5 Net Metering and Avoided Cost Compensation Scheme
11.4.6 Electricity Act, 2016
11.4.7 Mergers and Acquisitions
11.5 Opportunities and Threats in Renewable Energy Deployment
11.5.1 Opportunities
11.5.2 Threats
11.6 Power Market, Bermuda, Electricity Tariff by Segment
12 Power Market, British Virgin Islands
12.1 Power Market, British Virgin Islands, Present Scenario
12.2 Power Market, British Virgin Islands, Installed Capacity, 2006–2018
12.2.1 Power Market, British Virgin Islands, Installed Capacity Mix, 2018
12.3 Power Market, British Virgin Islands, Future Outlook
12.3.1 Power Market, British Virgin Islands, Installed Capacity, 2019–2030
12.3.2 Power Market, British Virgin Islands, Installed Capacity Mix, 2018–2030
12.3.3 Power Market, British Virgin Islands, Target Vs. Possible Achievement
12.4 Power Market, British Virgin Islands, Renewable Policy and Roadmap
12.4.1 Renewable Energy Program, 2013
12.4.2 Resilient National Energy Transition Strategy
12.4.3 New Renewable Energy Regulations, 2018
12.4.4 Energy Policy
12.4.5 British Virgin Islands Electricity Corporation Act 2015
12.4.6 Energy and Conservation: Education and Awareness Campaign
12.4.7 Climate Change Adaptation Policy
12.4.8 Youth Empowerment Project to go solar
12.5 Opportunities and Threats in Renewable Energy Deployment
12.5.1 Opportunities
12.5.2 Threats
12.6 Power Market, British Virgin Islands, Electricity Tariff by Segment
13 Power Market, Cayman Islands
13.1 Power Market, Cayman Islands, Present Scenario
13.2 Power Market, Cayman Islands, Installed Capacity, 2006–2018
13.2.1 Power Market, Cayman Islands, Installed Capacity Mix, 2018
13.3 Power Market, Cayman Islands, Future Outlook
13.3.1 Power Market, Cayman Islands, Installed Capacity, 2019–2030
13.3.2 Power Market, Cayman Islands, Installed Capacity Mix, 2018–2030
13.3.3 Power Market, Cayman Islands, Target Vs. Possible Achievement
13.4 Power Market, Cayman Islands, Renewable Policy and Roadmap
13.4.1 Acquisition of solar plant in Cayman Islands
13.4.2 National Energy Policy, 2017–2037
13.4.3 CORE Program
13.4.4 Plan for Solar carport in government center
13.4.5 Integrated Resource Plan
13.5 Opportunities and Threats in Renewable Energy Deployment
13.5.1 Opportunities
13.5.2 Threats
13.6 Power Market, Cayman Islands, Electricity Tariff by Segment
14 Power Market, Colombia
14.1 Power Market, Colombia, Present Scenario
14.2 Power Market, Colombia, Installed Capacity, 2006–2018
14.2.1 Power Market, Colombia, Installed Capacity Mix, 2018
14.3 Power Market, Colombia, Future Outlook
14.3.1 Power Market, Colombia, Installed Capacity, 2019–2030
14.3.2 Power Market, Colombia, Installed Capacity Mix, 2018–2030
14.3.3 Power Market, Colombia, Plan Vs. Possible Achievement, 2028
14.4 Power Market, Colombia, Renewable Policy and Roadmap
14.4.1 Auctions
14.4.2 Net Metering – 2018 Resolution CREG 030
14.4.3 Funds Supporting Investment in Energy Projects
14.4.4 Program of Rational and Efficient use of Energy and Other Forms of Non-Conventional Energy
14.4.5 Policy guideline for the Promotion of Sustainable Biofuels Production in Colombia (Conpes 3510)
14.4.6 Law 939 to promote the production and commercialization of biodiesel
14.4.7 Law 1665 (2013)
14.4.8 Law 1715 (2014)
14.4.9 Decree 0570
14.4.10 Decreto 348 del 1 de marzo de 2017
14.4.11 NDC Support Program
14.4.12 Renewable Energy Indicative Action Plan
14.4.13 Electric Coverage Expansion Plan, 2016–2020
14.4.14 National Energy Plan 2050
14.4.15 Generation and Transmission Expansion Plan
14.5 Opportunities and Threats in Renewable Energy Deployment
14.5.1 Opportunities
14.5.2 Threats
14.6 Power Market, Colombia, Electricity Tariff by Segment
15 Power Market, Costa Rica
15.1 Power Market, Costa Rica, Present Scenario
15.2 Power Market, Costa Rica, Installed Capacity, 2006–2018
15.2.1 Power Market, Costa Rica, Installed Capacity Mix, 2018
15.3 Power Market, Costa Rica, Future Outlook
15.3.1 Power Market, Costa Rica, Installed Capacity, 2019–2030
15.3.2 Power Market, Costa Rica, Installed Capacity Mix, 2018–2030
15.3.3 Power Market, Costa Rica, Goal Vs. Possible Achievement, 2021
15.4 Power Market, Costa Rica, Renewable Policy and Roadmap
15.4.1 New Climate Policy and Renewable Energy Goal
15.4.2 National Decarbonisation Plan 2018-2050
15.4.3 Net Metering
15.4.4 Feed-in Tariffs
15.4.5 National Energy Plan, 2015–2030
15.4.6 National Development Plan
15.4.7 Electricity Generation Expansion Plan, 2016–2035
15.4.8 Energy Strategy
15.4.9 Biofuel Regulation
15.4.10 Regulations on the Efficient Use of Energy and tax incentives
15.5 Opportunities and Threats in Renewable Energy Deployment
15.5.1 Opportunities
15.5.2 Threats
15.6 Power Market, Costa Rica, Electricity Tariff by Segment
16 Power Market, Curacao
16.1 Power Market, Curacao, Present Scenario
16.2 Power Market, Curacao, Installed Capacity, 2006–2018
16.2.1 Power Market, Curacao, Installed Capacity Mix, 2018
16.3 Power Market, Curacao, Future Outlook
16.3.1 Power Market, Curacao, Installed Capacity, 2019–2030
16.3.2 Power Market, Curacao, Installed Capacity Mix, 2018–2030
16.3.3 Power Market, Curacao, Goal Vs. Possible Achievement
16.4 Power Market, Curacao, Renewable Policy and Roadmap
16.4.1 National Development Plan, 2015-2030
16.4.2 National Energy Policy 2017
16.4.3 Feed In Tariffs
16.4.4 Tender for Solar Energy Project
16.5 Opportunities and Threats in Renewable Energy Deployment
16.5.1 Opportunities
16.5.2 Threats
16.6 Power Market, Curacao, Electricity Tariff by Segment
17 Power Market, Dominica
17.1 Power Market, Dominica, Present Scenario
17.2 Power Market, Dominica, Installed Capacity, 2006–2018
17.2.1 Power Market, Dominica, Installed Capacity Mix, 2018
17.3 Power Market, Dominica, Future Outlook
17.3.1 Power Market, Dominica, Installed Capacity, 2019–2030
17.3.2 Power Market, Dominica, Installed Capacity Mix, 2018–2030
17.3.3 Power Market, Dominica, Target Vs. Possible Achievement, 2020
17.4 Power Market, Dominica, Renewable Policy and Roadmap
17.4.1 National Resilience Development Strategy 2030
17.4.2 Sustainable and Resilient Energy Plan (S-REP)
17.4.3 Geothermal Risk Mitigation Project
17.4.4 Nanogrid Disaster grid Office
17.4.5 International Solar Alliance
17.4.6 EU signs financing agreement with Dominica
17.4.7 Electricity Law
17.4.8 National Energy Policy
17.4.9 Geothermal Resources Development Bill
17.5 Opportunities and Threats in Renewable Energy Deployment
17.5.1 Opportunities
17.5.2 Threats
17.6 Power Market, Dominica, Electricity Tariff by Segment
18 Power Market, Dominican Republic
18.1 Power Market, Dominican Republic, Present Scenario
18.1.1 Power Market, Dominican Republic, Installed Capacity, 2006–2018
18.1.2 Power Market, Dominican Republic, Installed Capacity Mix, 2018
18.2 Power Market, Dominican Republic, Future Outlook
18.2.1 Power Market, Dominican Republic, Installed Capacity, 2019–2030
18.2.2 Power Market, Dominican Republic, Installed Capacity Mix, 2018–2030
18.2.3 Power Market, Dominican Republic, Target Vs. Possible Achievement, 2025
18.3 Power Market, Dominican Republic, Renewable Policy and Roadmap
18.3.1 General Electricity Law
18.3.2 Renewable Energy Incentive Law
18.3.3 Tax Exemptions
18.3.4 Net Metering
18.3.5 Rural electrification program
18.3.6 Tenders
18.3.7 Renewable Energy Roadmap
18.4 Opportunities and Threats in Renewable Energy Deployment
18.4.1 Opportunities
18.4.2 Threats
18.5 Power Market, Dominican Republic, Electricity Tariff by Segment
19 Power Market, El Salvador
19.1 Power Market, El Salvador, Present Scenario
19.2 Power Market, El Salvador, Installed Capacity, 2006–2018
19.2.1 Power Market, El Salvador, Installed Capacity Mix, 2018
19.3 Power Market, El Salvador, Future Outlook
19.3.1 Power Market, El Salvador, Installed Capacity, 2019–2030
19.3.2 Power Market, El Salvador, Installed Capacity Mix, 2018–2030
19.4 Power Market, El Salvador, Renewable Policy and Roadmap
19.4.1 Renewable Energy Auctions
19.4.2 US Real Infrastructure switches on 44-MW solar portfolio in El Salvador
19.4.3 Loans and Grants
19.4.4 National Energy Policy, 2010-2024
19.4.5 Save Energy El Salvador
19.4.6 National Climate Change Strategy
19.4.7 Fiscal Incentive Law for the Promotion of Renewable Electricity Generation
19.4.8 National Energy Commission Law
19.4.9 General Electricity Law
19.4.10 National Energy Strategy
19.5 Opportunities and Threats in Renewable Energy Deployment
19.5.1 Opportunities
19.5.2 Threats
19.6 Power Market, El Salvador, Electricity Tariff by Segment
20 Power Market, Guatemala
20.1 Power Market, Guatemala, Present Scenario
20.1.1 Power Market, Guatemala, Installed Capacity, 2006–2018
20.1.2 Power Market, Guatemala, Installed Capacity Mix, 2018
20.2 Power Market, Guatemala, Future Outlook
20.2.1 Power Market, Guatemala, Installed Capacity, 2019–2030
20.2.2 Power Market, Guatemala, Installed Capacity Mix, 2018–2030
20.2.3 Power Market, Guatemala, Target Vs. Possible Achievement,2027
20.3 Power Market, Guatemala, Renewable Policy and Roadmap
20.3.1 National Energy Policy 2013–2027
20.3.2 General Law of Electricity
20.3.3 Incentives Law for the Development of Renewable Energy Projects
20.3.4 Auctions
20.3.5 Net Metering
20.3.6 Indicative Plans of Generation and Transportation
20.3.7 National Rural Electrification Policy 2019–2032
20.3.8 Opportunities and Threats in Renewable Energy Deployment
20.4 Power Market, Guatemala, Electricity Tariff by Segment
21 Power Market, Grenada
21.1 Power Market, Grenada, Present Scenario
21.2 Power Market, Grenada, Installed Capacity, 2006–2018
21.2.1 Power Market, Grenada, Installed Capacity Mix, 2018
21.3 Power Market, Grenada, Future Outlook
21.3.1 Power Market, Grenada, Installed Capacity, 2019–2030
21.3.2 Power Market, Grenada, Installed Capacity Mix, 2018–2030
21.3.3 Power Market, Grenada, Goal Vs. Possible Achievement, 2020 & 2030
21.4 Power Market, Grenada, Renewable Policy and Roadmap
21.4.1 Awards and Recognition
21.4.2 National Sustainable Development Plan, 2035
21.4.3 National Energy Policy
21.4.4 GRENLEC’s Customer Renewable Energy Interconnection Programme
21.4.5 Grenada Vision 2030
21.4.6 National Climate Change Adaptation Plan
21.4.7 Net Metering/ Billing
21.4.8 Tax Reduction/Exemptions
21.5 Opportunities and Threats in Renewable Energy Deployment
21.5.1 Opportunities
21.5.2 Threats
21.6 Power Market, Grenada, Electricity Tariff by Segment
22 Power Market, Guyana
22.1 Power Market, Guyana, Present Scenario
22.2 Power Market, Guyana, Installed Capacity, 2006–2018
22.2.1 Power Market, Guyana, Installed Capacity Mix, 2018
22.3 Power Market, Guyana, Future Outlook
22.3.1 Power Market, Guyana, Installed Capacity, 2019–2030
22.3.2 Power Market, Guyana, Installed Capacity Mix, 2018–2030
22.3.3 Power Market, Guyana, Goal Vs. Possible Achievement
22.4 Power Market, Guyana, Renewable Policy and Roadmap
22.4.1 National Energy Policy
22.4.2 Green State Development Strategy: Vision 2040
22.4.3 Low Carbon Development Strategy (LCDS)
22.4.4 The Guyana REDD+ (Reducing emissions from deforestation and forest degradation) Investment Fund (GRIF)
22.4.5 Tax exemption and Incentives
22.4.6 Guyana Energy Agency Act
22.4.7 Hydro Electric Power Act
22.4.8 Arco Norte Electrical Interconnection System
22.4.9 Net Metering
22.5 Opportunities and Threats in Renewable Energy Deployment
22.5.1 Opportunities
22.5.2 Threats
22.6 Power Market, Guyana, Electricity Tariff by Segment
23 Power Market, Haiti
23.1 Power Market, Haiti, Present Scenario
23.1.1 Power Market, Haiti, Installed Capacity, 2006–2018
23.1.2 Power Market, Haiti, Installed Capacity Mix, 2018
23.2 Power Market, Haiti, Future Outlook
23.2.1 Power Market, Haiti, Installed Capacity, 2019–2030
23.2.2 Power Market, Haiti, Installed Capacity Mix, 2018–2030
23.3 Power Market, Haiti, Renewable Policy and Roadmap
23.3.1 Energy Sector Stakeholders
23.3.2 Study on Micro-grids Potential – Town Ranking Report
23.3.3 Call for Pre-qualification of Companies for Increasing Access of Electricity through Mini and Micro-grids by ANARSE
23.3.4 Call for Pre-qualification of Companies for Realization and Reinforcement of Haiti Electricity Network by ANARSE
23.3.5 Tax Incentives
23.3.6 Draft National Energy Policy
23.3.7 Haiti SREP Investment Plan
23.4 Opportunities and Threats in Renewable Energy Deployment
23.4.1 Opportunities
23.4.2 Threats or Barriers
23.5 Power Market, Haiti, Electricity Tariff by Segment