| Project Detail |
REFORM OF THE ELECTRICITY SECTOR TO SUPPORT GRENADAS CLIMATE POLICY (G-RESCP) Reform of the Electricity Sector to Support Climate Policy in Grenada PROJECT DETAILS Project number: 2013.9049.1 Status: ongoing project Responsible organizational unit: 2500 Central America, Caribbean Contact: Marion Geiss marion.geiss@giz.de Partner countries: Grenada SUMMARY Aims: Support for Grenadas climate policy objectives on promoting a sustainable electricity sector customer: Federal Ministry for the Environment, Nature Conservation and Nuclear Safety Project partners: Ministry of Finance and Energy in Grenada Financier: not available PROJECT VALUE Total project: 1 575 000 euros Current project: 1 575 000 euros COMBINED FINANCING not available PREVIOUS PROJECTS not available SUCCESSOR PROJECTS not available RUNNING TIME Overall project : 26.09.2014 - 30.11.2019 Current project: 26.09.2014 - 30.11.2019 CONTACT Project website not available DEVELOPMENTAL IDENTIFIERS Participatory Development and Good Governance: Project Outcome Level: Project component targets PD / GG Environmental and resource protection, ecological sustainability Project outcome level: Project component aims at environmental and / or resource protection Gender equality Project has proven to have no potential to promote equality Poverty orientation General development orientation CRS-KEY Energy production, renewable sources - various .. PROJECT DESCRIPTION (DE) initial situation For several reasons, the island nation of Grenada has one of the highest electricity prices in the world, among other things because of its dependence on fossil fuels and the associated high import costs. In its energy policy and as a signatory to the Kyoto Protocol, the Grenadian Government has committed to achieving a 20% share of renewable energy in electricity generation by 2020. However, electricity is currently produced almost entirely from fossil fuels, especially diesel. The reasons for this include monopolistic structures in the generation, transmission and distribution of electricity. Due to the existing legal and the lack of regulatory framework conditions, the market entry of independent energy producers has failed so far. Objective In Grenada, the market for electricity and energy efficiency technologies is more open; Thus, the conditions for electricity production are increasingly produced from renewable energies by independent power producers. Greenhouse gas emissions are reduced and dependence on oil imports is reduced. method On behalf of the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), GIZ is assisting the Grenada Government in restructuring the energy sector in order to achieve the countrys climate goals. New legal and regulatory frameworks are expected to open the market for electricity and energy efficiency technologies. The production of electricity from renewable energies by independent power producers should be promoted. The restructuring will reduce greenhouse gas emissions and reduce dependency on oil imports. The reform of the sector is based on the new Electricity Supply Act of the Advisers of the Regional Electricity Regulator Eastern Caribbean Electricity Regulatory Authority (ECERA), which was established in 2013. GIZ assists the Grenadian Government in assessing the technical, economic and legal details of the bill. The steps involved include: 1.Supporting the Government of Grenada in the revision and implementation of the Electricity Supply Act and the Regulatory Act 2.Dialogue between stakeholders to promote the implementation of necessary changes and facilitate the transition to new regulatory and institutional structures 3.Develop a roadmap to identify challenges, needs for action and support for renewable energy development and energy efficiency. 4. Build a national information exchange forum on renewable energy technologies and energy efficiency PROJECT DESCRIPTION context Grenada Electricity rates are among the highest in the world for several reasons. One of the islands dependence on fossil fuels and thus resulting in high import costs. In its energy policy and as a signatory to the Kyoto Protocol, the Grenadine Government has committed itself to achieving a renewable energy target of 20 per cent for its electricity generation by 2020. However, electricity is currently produced entirely from fossil fuels, in particular diesel. The reasons for this include monopolistic structures in power generation, transmission and distribution. The market entry of independent energy producers has so far failed due to the existing legal structure and the paint of regulatory framework. Objective In Grenada, the market for electricity and energy efficiency technologies is more open, which means the conditions for electricity production are increasingly based on renewable energy from independent electricity producers. Greenhouse gas emissions and the degree of dependence on oil imports have been reduced. Approach On behalf of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), GIZ is supporting the Government of Grenada in the restructuring of the energy sector with the aim of achieving the countrys climate goals. New legal and regulatory framework should open the market for electricity and energy efficiency technologies. The production of electricity from renewable energy sources is being promoted. Restructuring wants to further reduce greenhouse gas emissions and dependence on oil imports. The sector reform is based on the Electricity Supply Regulatory Authority (ECERA), which was founded in 2013. GIZ supports the Grenadine Government in evaluating the technical, economic and legal details of the draft law. The individual steps include: 1.Supporting the Government of Grenada with the Revision and Implementation of the Electricity Supply Act and the Regulatory Act. 2.Establishing a dialogue between the stakeholders to promote the implementation of necessary changes and to facilitate the transition to new regulatory and institutional structures. 3.Developing a roadmap to identify and support the development of renewable energy and energy efficiency. 4.Setting up a national forum for the exchange of information on renewable energy technologies and energy efficiency. |
