4th Growth and Resilience Dialogue with Social Partners Presentation

Consumer-side energy efficiency measures could save 12% to 25% of current electricity use, equivalent to an estimated over US$5 million savings per year.

Scope:

Distribution transformers

refrigerators

lighting

Air conditioners Electric motors

Annual savings in 2030 Dominica

Grenada

Saint Lucia

Saint Vincent and the Grenadines

Electricity savings (as % of current electricity use)*

24 GWh (24.8%)

25 GWh (12.8%)

71 GWh (23.9%)

24 GWh (24.3%)

Value of saved electricity (US$)**

$5.5 million

$10.5 million

$ 24.1 million

$5.0 million

Number of power plants avoided

1 power plant (5 MW)

1 power plant (5 MW)

3 power plants (15 MW total)

1 power plant (5 MW)

CO2 reductions (tCO2)

19,000

19,000

55,000

19,000

*Savings potential calculated based on the assumption that Minimum Energy Performance Standards are implemented in 2020 at a level derived from the United For Efficiency Model Regulation Guidelines ** Calculated based on current residential tariffs levels.