Date Published:
Dec 2009
Document Type:
B
Primary Image:
Research Document:
Within the next decade “technological change will revolutionize the energy sector, undermining current assumptions and conventional wisdom”. Simply put, customers will have an economically viable choice to leave the grid. This will mean utility-controlled fossil fuels will no longer be the de facto power source for electricity generation.
Two of the key questions thus facing Caribbean policy makers are:
1. To what extent should they diversify?
2. At what point should they jump onto the renewable energy bandwagon?