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Caribbean Ripe for Renewable Energy Investment

 

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Dr. Dirk Nuber, Regional Manager (Caribbean) of Viking Heat Engines AS, Norway.

 

Dr. Dirk Nuber, Regional Manager (Caribbean) of Viking Heat Engines AS, Norway says, persons who are interested in moving businesses to Barbados for renewables can do so citing a number of advantages.

 

Nuber was among speakers at a one-day “Green Barbados” conference and workshop held at the Hilton Barbados Resort on Tuesday, hosted by the Norwegian Viking Development Group with support from the Barbados Government’s Division of Energy.

 

Delivering a presentation on “Green Barbados – Dream or Reality”, Nuber said the Caribbean has stable and political conditions, investment friendly policies, wind, sun, biomass and geothermal all available in abundance.

 

The need for alternative energy, he noted, is really framed by alternative energy imports, high energy cost and tourism and employment.

 

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Looking at energy costs in the Caribbean, Nuber said most countries are suffering from high energy costs  – some already have a programme in place while others are embarking on that aspect, since the global development underpins regional development and proven technologies are becoming accessible. Cost, he says, is of utmost importance and needs to be addressed.

 

He says the Caribbean needs to play “catch up”, but there are a few problems they must resolve. Among these, aging infrastructure and a diesel generation that is becoming more expensive than renewable energy.

 

In his presentation, Nuber identified solar, wind, biomass, waste to energy, wave and ocean energy as options available in Barbados.

 

Some key considerations for the cision of “Green Barbados”, he explained, are learning more from advanced countries, becoming cheaper in diesel production, considering available infrastructure and government, utilities and private sector working together.

 

Participation at the one-day event was drawn from public and private sector organisations and companies, including the Ministry of Energy, Barbados Light and Power, the University of the West Indies, and the local offices of the European Union.

 

Source: loopnewsbarbados.com/2015/03/18/caribbean-ripe-for-renewable-energy-investment/

 



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