Castalia Strategic Advisors and New Energy Events, the organizers of CREF 2015, are proud to announce the publication of the 4th Annual Castalia-CREF Renewable Energy Islands Index and the 2nd Annual Renewable Energy Islands Marketplace. Together the Index and the Marketplace are designed to track real and measurable progress towards investment and investability in the Caribbean’s fast emerging renewable energy sector.
The Index measures the readiness of each jurisdiction to develop and implement renewable energy (‘RE’) projects that are economically viable. A renewable energy investment is considered viable if its cost is below or equal to the avoided cost of conventional electricity generation prevailing in the jurisdiction. ‘Renewable energy’ includes wind, solar, hydro, biomass and waste, geothermal, and ocean thermal energy conversion (OTEC). Ranked by overall investability, Belize and Dominica were standout markets for 2015. Download the 2015 Index here.
The Marketplace is a database of renewable projects across the Caribbean region. It includes projects across all stages of development—from the conceptual stage, to projects under construction or in operation. It includes key information on projects such as location, size, technology, status, financing, capacity factor, and the anticipated operation date.
Take some time to review the Marketplace; this is an extraordinary resource: download the 2015 Marketplace here.
