4th Growth and Resilience Dialogue with Social Partners Presentation

Progress has already been made in setting the stage for a clean energy transition.

Dominica

Grenada

St Lucia

St Vincent and the Grenadines

RE potential (MW)

Solar (45), wind (30), geothermal (300), hydro (17)

Solar (50), wind (20) and geothermal (50)

Solar (36), wind (40) and geothermal (30)

Solar (23), wind (8), geothermal (100), hydro (10)

RE targets

100% by 2020

100% by 2030

35% by 2022

60% by 2020

RE Legal, regulatory, institutional framework

DOMLEC - vertically integrated private concessionaire IPP allowed but none as of end 2019. Dominica’s generation expansion strategy focuses on geothermal development. Secured funding from UK DFID and the World Bank for construction of a 7 MW geothermal plant

GRENLEC – private utility with exclusive generation license

LUCELEC – vertically-integrated PPP IPP allowed for RE generation National Energy Transition Strategy (NETS) (2017) LUCELEC delivered 3MW solar farm in Vieux Fort in 2018.

VINLEC – public vertically-integrated utility IPP allowed but none as of end 2019

RE Investments already completed/ under way - Utility scale RE - Decentralized RE - Smart grids, reinforcement - Energy storage

(GRENLEC) plans to spend US$150 million to implement RE project, with focus on geothermal. In 2016, The Renewable Energy for Rural Development Project was launched to provide installation of 24 off-grid + storage systems and 4 on-grid solar PV systems Potential annual savings in 2030 (as % of current electricity use): 25 GWh (12.8%) NDC: 20% of the 2025 30% ER target comes from EE improvements in electricity use, of which building retrofits (20% reduction), building codes (30% reduction), EE in hotels (20%)

VINLEC developing first solar battery storage microgrid located on the island of Mayreau in the Grenadines Several small grid-connected residential and commercial solar PV systems. Geothermal: Drilling of four wells started in 2019 and 10 MW project expected to be commissioned in 2023. Potential annual savings in 2030 (as % of current electricity use): 24 GWh (24.3%) NDC: 15% reduction in electricity consumption by 2025 compared to BaU (focus: retrofit of streetlights, new building code, labelling of appliances) CDF has provided highly concessional finance to the transportation sector in SVG

Emphasis on solar energy.

EE - Potential - Existence of policy, targets, norms - ESCOs and other financing mechanisms

Potential annual savings in 2030 (as % of current electricity use): 24 GWh (24.8%)

Potential annual savings in 2030 (as % of current electricity use): 71 GWh (23.9%) NDC: not specified EE target (Energy report card mentions 20% EE target by 2020)

NDC indicator (EE target): 5.2 Gg

(of which LED Streetlights in Portsmouth: 0.36 Gg)

CDB Street Lighting Retrofit funding

CDF (USD 33 million) has provided grants to the tourism (hotels),