CREF 2011 OBJECTIVES

CREF 2011’s objectives are wide-ranging and ambitious. They include the following:

• Frame renewables in the context of the long-term energy and economic security of the Caribbean; help define the creation of an energy matrix that works
• Introduce the best in regional and international developers and technologies to Caribbean energy decision-makers; introduce public and private sources of capital to high quality projects
• Pinpoint the bottlenecks in legislation, tariffs, technology, political will and finance; work towards real world solutions
• Explore interconnection at a regional and sub-regional level; assess upsides and down, explore costs and financing options, get to grips with long-term implications in terms of energy and economic security
• Define a model of a successful, profitable Caribbean utility for the 21^st century; get to grips with renewables in the context of a long-term profitable utility business model
• Assess existing and ongoing renewables projects in the region (e.g. wind, Jamaica; geothermal, St. Lucia, Nevis); what are the lessons learned and how do we apply these moving forward?
• Provide international developers and investors with the knowledge, tools, and introductions they need to deploy decisions and capital
• Explore and encourage best practice energy conservation strategies across the region
• Benchmark Caribbean regulatory regimes against global best practice
• Highlight innovative projects world-wide and analyze their success criteria