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Energy

  • Caribbean Ministers invited to US energy summit

    April 22, 2016

    US Vice President Joe Biden has extended an invitation to Caribbean Prime Ministers and other Ministers to participate in the US-Caribbean-Central American Energy Summit this Spring.

  • Peru’s wind & solar output rises 17% in Feb 2016

    March 30, 2016

    Peru’s Ministry of Energy announced that wind and solar energy output increased by 17.4% in February 2016. Hydropower plants and geothermal plants also saw an increase in energy output.

  • El Niño puts Colombia on the edge of an energy crisis

    March 19, 2016

    This year’s El Niño have put Colombia at the edge of an energy crisis. Damage to one of the country’s largest hydroelectric dams and unseasonable droughts, which provides nearly 10% of Colombia’s energy, increased the gravity of the crisis. Colombia’s Mining and Energy Ministry proposed a bill to provide financial incentives for each kw of […]

  • T &T experiences 15% job loss in energy sector in 2015

    December 28, 2015

    According to an article published by the Trinidad Express, Trindad and Tobago saw a 15% drop in energy jobs in 2015. The Central Bank of Trinidad and Tobago reported a loss of 3,200 jobs during the first half of the year, 2800 of which were eliminated during the second quarter of the year. Additionally, the […]

  • Caribbean countries warned to look for alternative sources of oil post-PetroCaribe

    December 27, 2015

    The recent election of President Nicolas Maduro in Venezuela may disrupt the delicate balance of the PetroCaribe energy agreement. Maduro’s coalition announced that it is going to take the agreement under critical review. Tomas Guanipa, a deputy of the National Assembly said that Venezuela “cannot continue selling oil in 20 years when we are in need of […]

  • Costa Rica boasts 99% renewable energy in 2015

    December 23, 2015

    This year, Costa Rica set an energy record. The Costa Rican Electricity Institute (ICE) said in a statement that it achieved “99 per cent renewable electricity generation” and managed to power its grid on 100 percent renewable sources for 285 days. Hydropower is the dominant source of electricity generation in the small Central American country, […]

  • Mexico presents guidelines for planned first electricity market auction

    November 16, 2015

    A “new energy paradigm” is developing in Mexico under the leadership of President Enrique Peña Nieto. The Energy Secretariat of Mexico recently presented guidelines for the country’s planned electricity market auction; the process will include a call for bids in the coming months and the award of contracts in March 2016. On Wednesday, Energy Secretary […]

  • Trinidad & Tobago – Renewable Energy Target for 2021

    November 10, 2015

    Trinidad & Tobago has finally committed to a target for the generation of renewable energy. Concern over dwindling reserves has prompted the government to set a goal to meet 10% of its energy demands from alternative sources by 2021. Energy Minister Nicole Olivierre admitted that although it may sound insignificant, the production of 10% sustainable energy […]

  • US Department of State Seeks to Strengthen Energy Initiatives in the Caribbean at CREF 2015

    September 8, 2015

    Regional policy makers will meet next month in Miami for the seventh annual Caribbean Renewable Energy Forum (CREF). United States’ Deputy Assistant Secretary for Energy, Robin Dunnigan, said that she looks forward to meeting with representatives from the Overseas Private Investment Corporation (OPIC) as well as with Caribbean ministers who are responsible for energy at […]

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