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	<title>Inter Press ServiceInternational Renewable Energy Agency (IRENA) Topics</title>
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		<title>Small Island States Fostering Effective Energy Transition To Achieve a Blue Economy</title>
		<link>https://www.ipsnews.net/2024/04/small-island-states-fostering-effective-energy-transition-to-achieve-a-blue-economy/</link>
		<comments>https://www.ipsnews.net/2024/04/small-island-states-fostering-effective-energy-transition-to-achieve-a-blue-economy/#respond</comments>
		<pubDate>Wed, 24 Apr 2024 10:31:37 +0000</pubDate>
		<dc:creator>Aimable Twahirwa</dc:creator>
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		<description><![CDATA[Small Island Developing States (SIDS), a distinct group of 39 states and 18 associate members, are making efforts to promote the blue economy as they possess enormous potential for renewable energy relying on the sea. Experts predict that switching to renewables will help SIDS countries decarbonize power generation as an appropriate option for islands to cut [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="207" src="https://www.ipsnews.net/Library/2024/04/ren-energy-300x207.jpeg" class="attachment-medium size-medium wp-post-image" alt="Renewable energy for small island states formed part of the debate at the Fourteenth Session of the IRENA Assembly in Abu Dhabi. Credit: Amitava Chandra / Climate Visuals" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2024/04/ren-energy-300x207.jpeg 300w, https://www.ipsnews.net/Library/2024/04/ren-energy-629x433.jpeg 629w, https://www.ipsnews.net/Library/2024/04/ren-energy.jpeg 630w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Renewable energy for small island states formed part of the debate at the Fourteenth Session of the IRENA Assembly in Abu Dhabi. Credit: Amitava Chandra / Climate Visuals</p></font></p><p>By Aimable Twahirwa<br />ABU DHABI, Apr 24 2024 (IPS) </p><p>Small Island Developing States (SIDS), a distinct group of 39 states and 18 associate members, are making efforts to promote the blue economy as they possess enormous potential for renewable energy relying on the sea.</p>
<p>Experts predict that switching to renewables will help SIDS countries decarbonize power generation as an appropriate option for islands to cut their carbon dioxide (CO2) emissions, fulfill <a href="https://unfccc.int/process-and-meetings/the-paris-agreement">Paris Agreement pledges</a> and contribute to the global fight against climate change.<br />
<span id="more-185106"></span></p>
<p>In addition, ocean energy technologies, according to the <a href="https://www.irena.org/">International Renewable Energy Agency </a>(IRENA), are likely to offer high predictability, making them suitable to provide a continuous supply of power.</p>
<p>Dr Vince Henderson, Minister of Foreign Affairs, International Business, Trade, and Energy, Commonwealth of Dominica, told IPS that the key has been prioritizing the development of various forms of renewable energies, focusing on clean and efficient energy exploration and exploitation.</p>
<p>While SIDS have shown climate leadership through 100 percent renewable energy ambitions, experts believe that realizing these ambitions is critical.</p>
<p>“Renewable energy innovations are a winning formula for our blue economy&#8217;s development,&#8221; said Henderson, whose country generates 85 percent of its electricity from imported fossil fuels.</p>
<div id="attachment_185108" style="width: 640px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-185108" class="wp-image-185108 size-full" src="https://www.ipsnews.net/Library/2024/04/SISD_Photo.png" alt="A delegation of Ministers from SIDS member countries addressing a press briefing at the Fourteenth Session of the IRENA Assembly in Abu Dhabi. Experts predict the widespread use of renewable energy among SIDS could have a positive impact on reducing the cost of renewable energy. Credit: Aimable Twahirwa/IPS" width="630" height="472" srcset="https://www.ipsnews.net/Library/2024/04/SISD_Photo.png 630w, https://www.ipsnews.net/Library/2024/04/SISD_Photo-300x225.png 300w, https://www.ipsnews.net/Library/2024/04/SISD_Photo-629x471.png 629w, https://www.ipsnews.net/Library/2024/04/SISD_Photo-200x149.png 200w" sizes="(max-width: 630px) 100vw, 630px" /><p id="caption-attachment-185108" class="wp-caption-text">A delegation of Ministers from SIDS member countries addressed a press briefing at the Fourteenth Session of the IRENA Assembly in Abu Dhabi. Experts predict that the widespread use of renewable energy among SIDS could have a positive impact on reducing the cost of renewable energy. Credit: Aimable Twahirwa/IPS</p></div>
<p>By 2030, the renewable energy generation output for the whole SIDS member states is anticipated to reach 9.9 GW from current 5 GW.</p>
<p>According to an analysis by the <a href="https://www.irena.org/Publications/2023/Dec/NDCs-and-renewable-energy-targets-in-2023-Tripling-renewable-power-by-2030">International Renewable Energy Agency (IRENA) on the updated NDCs</a>, a minimum investment of USD 10.5 billion is required to meet the additional capacity target, of which 3.2 GW is dependent on external financial assistance.</p>
<p>“Improving a new system for mobilizing the much-needed financing to implement effective decarbonization actions is crucial,” Henderson said in an exclusive interview.</p>
<p>While some experts believe that the widespread use of renewable energy among SIDS could have a positive impact on reducing the cost of renewable energy, such as solar photovoltaic, wind, and bioenergy, providing reliable and affordable electricity is considered an important step to ensure that the SIDS population is accessible to reliable social services such as health, education, public transport, and housing services.</p>
<p>Arieta Gonelevu Rakai, Regional Programme Officer, Islands, at <a href="https://www.irena.org/">the International Renewable Energy Agency (IRENA),</a> told IPS that despite progress achieved in decarbonizing the electricity sector, challenges remain in transport, industry, tourism, and services for islands.</p>
<p>The ambitious target means that Island states will continue to upgrade renewable technologies to stimulate the rapid expansion of renewable energy installation while improving the efficiency and stability of power generation</p>
<p>“International cooperation and collaborations between governments, regional and multilateral institutions, and the public and private sector are needed to drive this transformation,” said Rakai during an exclusive interview.</p>
<p>Through established partnerships such as the <a href="https://sdgs.un.org/partnerships/sids-lighthouses-initiative-sids-lhi">SIDS Lighthouses Initiative (LHI),</a> which is coordinated by IRENA, small islands saw a steady increase in the newly-installed capacity of clean energy thanks to a partnership with various stakeholders working with donor agencies to provide streamlined access to grants.</p>
<p>While new efforts seek to explore energy for the benefits of blue economic resources, some experts believe that renewable technologies, although not yet cost competitive with fossil fuels, are set to become less costly over time.</p>
<p>Miriam Dalli, Malta’s Minister of Environment, Energy, and Regeneration of the Grand Harbour, stressed that for small islands to meet their internal electricity demand while reducing their imports of electricity and fossil fuels, the development of alternative energy sources is crucial.</p>
<p>For example, Malta, being an archipelago situated in the Mediterranean Sea, in which the islands generally use diesel generators to produce electrical power, is emphasizing increasing the share of primary energy consumption that comes from renewable technologies, with a major focus on solar and wind that sweeps its coasts and land.</p>
<p>Sea wave energy happens to be another source of renewable energy in Malta, using the energy released by the wave to produce energy.</p>
<p>“Marine energy is turning to be the most viable means for Small Island’s energy generation,” Dalli told IPS of the initiatives currently undertaken by the Mediterranean Archipelago to shift from fossil fuels to clean energy.</p>
<p>Scientists and decision-makers gathered earlier last week in Abu Dhabi<a href="https://www.bing.com/aclick?ld=e8gWRrbZ3zvpWSLz_5FQyyKDVUCUwyCiZTeZxI1lWTJlJpX-ZcVo-AqEInk6m3IOJcQFl9Frkq6DFnvsbeCqsrIfHnUC4AZmxnEja2-G_-bUPPEmMKpYU1Q6Y03ahf7rTiv-rwl5aafvla4JykSX3NakHkRNp-JjL1Erx3ChciqxWJkE-Ybz2YlpuPM4_jRKKtCPgfmg&amp;u=aHR0cHMlM2ElMmYlMmZ3d3cudHJpcGFkdmlzb3IuY29tJTJmU21hcnREZWFscyUzZmdlbyUzZDI5NDAxMyUyNm0lM2QxNTQzMiUyNnN1cGNtJTNkMjk1MDA3MDE4JTI2c3VwYWclM2QxMjczMjM0NTUyMDAxMzI0JTI2c3VwdGklM2Rrd2QtNzk1Nzc1MTA0NTY1NzYlM2Fsb2MtMTU3JTI2c3VwYWklM2Q3OTU3NzM2MzE5NTk5MiUyNnN1cGR2JTNkYyUyNnN1cG50JTNkbyUyNnN1cGt3JTNkQWJ1JTI1MjBEaGFiaSUyNTIwVUFFJTI2bXNjbGtpZCUzZGIzNDk2NDkxNGE3NzE5MDgyMTg4MDJiNDgxNTFmYzhm&amp;rlid=b34964914a771908218802b48151fc8f&amp;ntb=1">, United Arab Emirates, </a>for the <a href="https://www.irena.org/Events/2024/Apr/Fourteenth-Session-of-the-IRENA-Assembly">14<sup>th</sup> Session of the IRENA </a>Assembly. Current global efforts to decarbonize both energy supply and demand from renewable sources such as wind, solar, hydropower, geothermal, and biomass can help small  islands reap the benefits of a rapidly growing ocean economy.</p>
<p>According to the latest IRENA’s projections, ocean energy can provide clean, local and predictable electricity to coastal countries and island communities around the world, with the potential to generate a total capacity of 350 gigawatts (GW) by 2050.</p>
<p>The deployment of ocean energy technologies, according to experts, can also facilitate new revenue streams and higher cash flows for territories, helping to reduce the levelized cost of electricity in these locations.</p>
<p>Kerryne James, Minister of Climate Resilience, Environment, and Renewable Energy of Grenada, points out that some islands, such as Grenada, are perfect for solar and geothermal power.</p>
<p>Grenada’s clean energy goals for increasing energy efficiency and implementing renewable energy from geothermal, wind, and solar technologies are matched by its renewable resources, which more than exceed current electric sector capacity.</p>
<p>“We are currently implementing appropriate plans to further explore various renewable energy sources and support grid resilience,” she told IPS.</p>
<p>IPS UN Bureau Report</p>
<p>&nbsp;</p>
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		<title>Africa Pushing Limits To Boost Renewable Energy Supply Chain, Security</title>
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		<pubDate>Wed, 17 Apr 2024 08:09:22 +0000</pubDate>
		<dc:creator>Aimable Twahirwa</dc:creator>
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		<guid isPermaLink="false">https://www.ipsnews.net/?p=185026</guid>
		<description><![CDATA[Investors, regulators, researchers, policymakers, and representatives of renewable energy companies, acknowledged the key challenges of shifting away from fossil fuels to renewable energy in Africa when they gathered in Abu Dhabi, United Arab Emirates (UAE) this week. The latest estimates by the African Development Bank show that Africa’s energy potential, especially renewable energy, is enormous, [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="225" src="https://www.ipsnews.net/Library/2024/04/Dr-Amani-Abou-Zeid_Photo-300x225.png" class="attachment-medium size-medium wp-post-image" alt="Dr. Amani Abou-Zeid is the current African Union (AU) commissioner for Energy and Infrastructure. She believes that cross-border approaches are critical for clean energy affordability. Credit: Aimable Twahirwa/IPS" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2024/04/Dr-Amani-Abou-Zeid_Photo-300x225.png 300w, https://www.ipsnews.net/Library/2024/04/Dr-Amani-Abou-Zeid_Photo-629x472.png 629w, https://www.ipsnews.net/Library/2024/04/Dr-Amani-Abou-Zeid_Photo-200x149.png 200w, https://www.ipsnews.net/Library/2024/04/Dr-Amani-Abou-Zeid_Photo.png 630w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Dr. Amani Abou-Zeid is the current African Union (AU) commissioner for Energy and Infrastructure. She believes that cross-border approaches are critical for clean energy affordability. Credit: Aimable Twahirwa/IPS</p></font></p><p>By Aimable Twahirwa<br />ABU DHABI, Apr 17 2024 (IPS) </p><p>Investors, regulators, researchers, policymakers, and representatives of renewable energy companies, acknowledged the key challenges of shifting away from fossil fuels to renewable energy in Africa when they gathered in Abu Dhabi, United Arab Emirates (UAE) this week.<span id="more-185026"></span></p>
<p>The latest estimates by the <a href="https://www.afdb.org/en/topics-and-sectors/initiatives-partnerships/sustainable-energy-fund-for-africa">African Development Bank</a> show that Africa’s energy potential, especially renewable energy, is enormous, yet only a fraction of it is currently employed. Official projections indicate that the demand for energy could also be around 30 percent higher than it is today over the next decade on the continent. </p>
<p>Francesco La Camera, the Director-General of the <a href="https://www.irena.org/">International Renewable Energy Agency (IRENA)</a> stated that the energy transition is accelerating rapidly, but it clearly remains off track, with an unacceptable uneven distribution of renewable growth that still disproportionately affects the Global South.</p>
<p>&#8220;African governments and other stakeholders should adopt innovative solutions to overcome pressing challenges and achieve the energy transition,” La Camera told IPS in an interview.</p>
<p>According to him, there is opportunity [for the continent] to prioritize and narrow down collective actions to overcome the structural and systemic barriers that are impeding progress.</p>
<p>In Africa, experts believe that there are multiple dimensions to energy poverty, which is associated especially with the lack of clear plans and a clear understanding of what the continent wants to achieve.</p>
<p>“Electricity remains the backbone of Africa’s new energy systems, powered increasingly by renewables but a large part of the continent is still left out of the energy transition,” said Bruce Douglas, the Chief Executive Officer at the <a href="https://globalrenewablesalliance.org/">Global Renewables Alliance</a>, one of the global coalitions of leading industry players committed to accelerating the global transition to renewable energy.</p>
<p>Yet several new commitments were made at the latest <a href="https://unfccc.int/cop28">UN Climate Change Conference (COP 28)</a> that took place in Dubai, UAE, last year, giving further momentum to the energy transition. Experts are now exploring priorities for the energy transition and immediate steps to ensure that current policies on the continent are improved to encourage greater deployment of renewables.</p>
<p>The latest estimates show that, with Africa accounting for around 39 percent of the world’s renewable energy potential, several renewable energy milestones can be achieved.</p>
<p>“Private and public investment is critical to tackling the multiple dimensions of today’s energy crisis on the continent but to ensure energy security, diversification of various sources is also essential,” Douglas told IPS.</p>
<p>Africa, for example, has abundant hydro, solar, wind, geothermal, hydrogen, and bioenergy resources, but still, the continent’s current energy generation mix continues to rely on fossil fuels, while renewable sources account for nearly 18 percent of the electricity output, it said.</p>
<p>Whereas countries committed on the sidelines of last year’s UN Climate Change Conference to accelerate progress towards tripling renewable power capacity globally to at least 11 terawatts (TW) by 2030, some experts believe that this is still not a long-term solution as more than half of the population still lacks access to electricity.</p>
<p>Amani Abou-Zeid, the <a href="https://au.int/en/ie">Commissioner for Infrastructure and Energy of the African Union Commission (AUC)</a> told IPS that a cross-border approach is critical for participating countries in the transition to clean energy affordability.</p>
<p>“Some countries in Africa have embarked on cross-border projects on clean energies but much more effort is needed to develop really sustainable transitions and adequate instruments,” she said.</p>
<p><a href="https://www.afdb.org/en/documents/multinational-continental-power-system-master-plan-project-cmp-technical-assistance-project-appraisal-report">The Africa Continental Power System Masterplan</a>, a blueprint currently being developed by the African Union Development Agency (AUDA-NEPAD), highlights some key strategies for countries across the continent to identify key components at national and regional levels that will enable the creation of a smart power systems master plan that promotes access to clean, affordable, reliable, and sustainable electricity supplies across the continent by 2040.</p>
<p>Adja Gueye, Director of Promotion and Cooperation at the <a href="https://www.aner.sn/">National Agency for Renewable Energies in Senegal</a> points out that overall, African countries need appropriate plans at the policy level to overcome some key hurdles on the path to clean energies.</p>
<p>“To facilitate this transition, it would be appropriate for African countries to revise their regulatory framework and move towards harmonization, since the continent needs to improve regional and cross-border electricity interconnections,” she told IPS</p>
<p>Both Gueye and Abou-Zeid are convinced that without infrastructure and appropriate green energies policies and strategies at national and regional levels, it is challenging and impossible to buy and sell electricity across borders.</p>
<p>“Top-down governmental policies and long-term plans on clean energies in Africa are essential,” Abou-Zeid said of the current strategy to establish a long-term continent-wide planning process for power generation and transmission involving all five African power pools.</p>
<p>These include the Central African Power Pool (CAPP), East African Power Pool (EAPP), Northern African power Pool (COMELEC), Southern African Power Pool (SAPP) and Western African Power Pool (WAPP).</p>
<p>Dr. Jimmy Gasore, Rwanda’s Minister of Infrastructure, who is also the current chair of the<a href="https://www.irena.org/"> International Renewable Energy Agency (IRENA)</a> points out that Africa&#8217;s climate goals necessitate collective recognition that the energy transition is not just about technological change but also about ensuring equity and justice.</p>
<p>“We need to ensure that the benefits of the energy transition are universally accessible, prioritizing the needs of the most marginalized communities,” he said.</p>
<p>To optimize and diversify green energies on the continent, some experts also stress the importance of encouraging effective cooperation between the private and public sectors in renewable energy and energy efficiency projects.</p>
<p>“To prepare for the current transition to renewable energy, partnerships are essential,” said Gueye of the National Agency for Renewable Energies in Senegal, one of the few dedicated national agencies dealing with clean energies in Africa.</p>
<p>&nbsp;</p>
<p>IPS UN Bureau Report</p>
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		<title>Geothermal &#8211; a Key Source of Clean Energy in Central America</title>
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		<pubDate>Sat, 26 Aug 2017 12:44:37 +0000</pubDate>
		<dc:creator>Edgardo Ayala</dc:creator>
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		<description><![CDATA[Energy from the depths of the earth &#8211; geothermal &#8211; is destined to fuel renewable power generation in Central America, a region with great potential in this field. “Volcanoes have always been a menace to humanity but now in El Salvador they are a resource to generate clean, renewable and cheap energy. Now they represent [&#8230;]]]></description>
		
			<content:encoded><![CDATA[Energy from the depths of the earth &#8211; geothermal &#8211; is destined to fuel renewable power generation in Central America, a region with great potential in this field. “Volcanoes have always been a menace to humanity but now in El Salvador they are a resource to generate clean, renewable and cheap energy. Now they represent [&#8230;]]]></content:encoded>
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		<title>Biomass Could Help Power Africa’s Energy Transition</title>
		<link>https://www.ipsnews.net/2016/05/biomass-could-help-power-africas-energy-transition/</link>
		<comments>https://www.ipsnews.net/2016/05/biomass-could-help-power-africas-energy-transition/#comments</comments>
		<pubDate>Wed, 11 May 2016 10:55:33 +0000</pubDate>
		<dc:creator>Wambi Michael</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=145058</guid>
		<description><![CDATA[As fuel, firewood remains the dominant source of energy in Uganda. It has a long history of being unsustainably harvested, leading to severe depletion of the country’s forest cover. But with new technology, biomass is now cleaning up its act. Scientists and energy advocates have found ways of generating enough electricity to power homes and [&#8230;]]]></description>
		
			<content:encoded><![CDATA[As fuel, firewood remains the dominant source of energy in Uganda. It has a long history of being unsustainably harvested, leading to severe depletion of the country’s forest cover. But with new technology, biomass is now cleaning up its act. Scientists and energy advocates have found ways of generating enough electricity to power homes and [&#8230;]]]></content:encoded>
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		<title>UAE Described as Pioneer in the Field of Renewable Energy</title>
		<link>https://www.ipsnews.net/2015/07/uae-described-as-pioneer-in-the-field-of-renewable-energy/</link>
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		<pubDate>Tue, 28 Jul 2015 22:27:58 +0000</pubDate>
		<dc:creator>Thalif Deen</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=141778</guid>
		<description><![CDATA[When the government of Kenya hosted a U.N. Conference on New and Renewable Sources of Energy in Nairobi back in 1981, one of the conclusions at that meeting was a proposal for the creation of an international agency dedicated to renewable energy. After nearly 28 years of on-again, off-again negotiations, the first-ever International Renewal Energy [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/07/8435780146_4c7a54e4ee_z-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="Shams 1 Concentrated Solar Plant. Credit: Inhabitat Blog/cc by 2.0" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/07/8435780146_4c7a54e4ee_z-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/07/8435780146_4c7a54e4ee_z-629x419.jpg 629w, https://www.ipsnews.net/Library/2015/07/8435780146_4c7a54e4ee_z.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Shams 1 Concentrated Solar Plant. Credit: Inhabitat Blog/cc by 2.0</p></font></p><p>By Thalif Deen<br />UNITED NATIONS, Jul 28 2015 (IPS) </p><p>When the government of Kenya hosted a U.N. Conference on New and Renewable Sources of Energy in Nairobi back in 1981, one of the conclusions at that meeting was a proposal for the creation of an international agency dedicated to renewable energy.<span id="more-141778"></span></p>
<p>After nearly 28 years of on-again, off-again negotiations, the first-ever International Renewal Energy Agency (IRENA) was established in 2009.Described as energy efficient and almost car-free, Masdar City aims to prove that cities can be sustainable, even in harsh sun-driven environments as in UAE.<br /><font size="1"></font></p>
<p>The distinction to host that agency went to the United Arab Emirates (UAE), described as one of the pioneers of renewable energy.</p>
<p>On more than one occasion, Secretary-General Ban Ki-moon has singled out the UAE for its relentless contribution towards the U.N.’s ultimate goal of Sustainable Energy for all (SE4ALL).</p>
<p>The United Arab Emirates has been “a strong supporter of renewable energy”, he said, with its key initiative to locate IRENA in Abu Dhabi.</p>
<p>Currently, the UAE hosts not only IRENA, described as the first international organisation to be based in the Middle East, but also the Dubai Carbon Center of Excellence (DCCE).</p>
<p>The DCCE is a joint initiative between the U.N. Development Programme (UNDP) and the Dubai Supreme Council of Energy aimed at promoting low carbon in Dubai.</p>
<p>IRENA is headed by Director-General Adnan Z. Amin of Kenya.</p>
<p>The concept of SE4ALL takes on added importance in the context of the U.N.’s post-2015 development agenda, which will be adopted by over 150 political leaders at the upcoming world summit meeting in September.</p>
<p>The new development agenda is expected to be one of the world body’s most ambitious endeavours to eradicate poverty and hunger by 2030.</p>
<p>But the 17 Sustainable Development Goals (SDGs), which will be an integral part of that agenda, will also include SE4ALL.</p>
<p>In keeping with SDGs and the U.N.’s development agenda, IRENA is pursuing and supporting international efforts to double the share of renewable energy by 2030, according to a new roadmap launched by the agency back in 2013.</p>
<p>The secretary-general is convinced sustainable energy “is among the most critical issues of our time.” </p>
<p>One out of every five persons has no reliable access to electricity, he pointed out, and more than double this number – 40 per cent of the global population &#8212; still relies on biomass for cooking and heating.</p>
<p>“This is neither equitable nor sustainable,” says Ban.</p>
<p>According to the United Nations, energy is central to everything we do, from powering our economies to empowering women, from generating jobs to strengthening security. And it cuts across all sectors of government and lies at the heart of a country&#8217;s core interests.</p>
<p>Renewable energy is primarily energy that comes mostly from natural resources, including sunlight, wind, rain, tides, waves, and geothermal heat.</p>
<p>A prime example of an energy efficient project is Masdar City located in Abu Dhabi and built by Masdar, a subsidiary of Mubadala Development Company, with the majority of seed capital provided by the Government of Abu Dhabi.</p>
<p>At the Abu Dhabi Sustainability Week in January 2013, which included an international conference on renewable energy, delegates and journalists were taken on a guided tour of Masdar City.</p>
<p>Described as energy efficient and almost car-free, the project aims to prove that cities can be sustainable, even in harsh sun-driven environments as in UAE.</p>
<p>The entire city is powered by a 22-hectare field of over 87,777 <a href="http://www.wired.co.uk/news/archive/2013-10/02/japan-solar-energy">solar panels</a> on the roofs of the buildings. And cars have been replaced by a series of <a href="http://www.wired.co.uk/news/archive/2013-10/31/autonomous-cars-privacy-templeton">driverless electric vehicles</a><span style="text-decoration: underline;"> </span>that ferry residents around the site.</p>
<p>The design of the walls of the buildings (cushions of air limit heat-radiation) has helped reduce demand for air conditioning by 55 percent.</p>
<p>There are no light switches or taps &#8212; just movement sensors that have reduced electricity consumption by 51 percent, and water usage by 55 percent.</p>
<p>In December 2012, the 193-member General Assembly adopted a resolution declaring the Decade for Sustainable Energy for All which runs through 2024.</p>
<p>Without electricity, the resolution stressed there was a need “to improve to reliable, affordable, economically-viable, socially-acceptable and environmentally-sound energy sources for sustainable development.”</p>
<p>Last year, the United Nations, along with UAE, co-hosted the <a href="http://www.unmultimedia.org/photo/detail.jsp?id=587/587406">Abu Dhabi Ascent</a> in support of the 2014 Climate Summit in September.</p>
<p>The consultations focused on several key issues, including the increased the use of renewable energy sources, improving energy efficiency, reducing emissions from transportation, and deploying climate-smart agriculture.</p>
<p>The discussions also focused on initiatives to address deforestation, short-lived climate pollutants, climate finance, resilience and improving the infrastructure of cities.</p>
<p>Accompanied by UAE’s Special Envoy for Energy and Climate Change, Sultan Ahmed al Jaber, Ban helicoptered to the <a href="http://www.unmultimedia.org/photo/detail.jsp?id=587/587454">Shams Power Plant</a><span style="text-decoration: underline;">, </span>which opened in 2013, and which is a concentrated solar power (CSP) station with 100MW capacity.</p>
<p>Described as the largest single-unit CSP plant in the world, Shams 1 will generate enough electricity to power 20,000 homes and covers an area of about 2.5 square kilometres.</p>
<p>According to current plans, there will be two other similar plants, Shams 2 and Shams 3.</p>
<p>The secretary-general flew to Dubai to meet with <a href="http://www.unmultimedia.org/photo/detail.jsp?id=587/587495">Sheikh Mohammed bin Rashid al Maktoum</a>, Prime Minister of UAE and ruler of Dubai.</p>
<p>Thanking the UAE for its support of United Nations humanitarian efforts in Syria, Ban commended the Arab nation for its investments in renewable energies.</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at thalifdeen@aol.com</em></p>
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		<title>Caribbean Seeks Funding for Renewable Energy Mix</title>
		<link>https://www.ipsnews.net/2015/07/caribbean-seeks-funding-for-renewable-energy-mix/</link>
		<comments>https://www.ipsnews.net/2015/07/caribbean-seeks-funding-for-renewable-energy-mix/#respond</comments>
		<pubDate>Tue, 21 Jul 2015 10:31:18 +0000</pubDate>
		<dc:creator>Desmond Brown</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=141677</guid>
		<description><![CDATA[A leading geothermal expert warns that the small island states in the Caribbean face “a ticking time bomb” due to the effects of global warming and suggests a shift away from fossil fuels to renewable energy is the only way to defuse it. President of the Ocean Geothermal Energy Foundation Jim Shnell says to solve [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="199" src="https://www.ipsnews.net/Library/2015/07/st-kitts-solar-300x199.jpg" class="attachment-medium size-medium wp-post-image" alt="St Kitts and Nevis has launched a 1-megawatt solar farm at the country’s Robert L Bradshaw International Airport. A second solar project is also nearing completion. Credit: Desmond Brown/IPS" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/07/st-kitts-solar-300x199.jpg 300w, https://www.ipsnews.net/Library/2015/07/st-kitts-solar-629x418.jpg 629w, https://www.ipsnews.net/Library/2015/07/st-kitts-solar.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">St Kitts and Nevis has launched a 1-megawatt solar farm at the country’s Robert L Bradshaw International Airport. A second solar project is also nearing completion. Credit: Desmond Brown/IPS</p></font></p><p>By Desmond Brown<br />FORT-DE-FRANCE, Martinique, Jul 21 2015 (IPS) </p><p>A leading geothermal expert warns that the small island states in the Caribbean face “a ticking time bomb” due to the effects of global warming and suggests a shift away from fossil fuels to renewable energy is the only way to defuse it.<span id="more-141677"></span></p>
<p>President of the Ocean Geothermal Energy Foundation Jim Shnell says to solve the problems of global warming and climate change, the world needs a new energy source to replace coal, oil and other carbon-based fuels.  OGEF’s mission is to fund the R&amp;D needed to tap into the earth’s vast geothermal energy resources."You need to have a balance of your resources but it is quite possible to have that balance and still make it 100 percent renewable and do without fossil fuels altogether." -- Jim Shnell<br /><font size="1"></font></p>
<p>“With global warming comes the melting of the icecaps in Greenland and Antarctica and the projection is that at the rate we are going, they will both melt by the end of this century,” Shnell told IPS, adding “if that happens the water levels in the ocean will rise by approximately 200 feet and there are some islands that will disappear altogether.</p>
<p>&#8220;So you’ve got a ticking bomb there and we’ve got to defuse that bomb and if I were to rate the issues for the Caribbean countries, I would put a heavyweight on that one.”</p>
<p>It has taken just eight inches of water for Jamaica to be affected by rising sea levels, with one of a set of cays called Pedro Cays disappearing in recent years.</p>
<p>Scientists have warned that as the seas continue to swell, they will swallow entire island nations from the Maldives to the Marshall Islands, inundate vast areas of countries from Bangladesh to Egypt, and submerge parts of scores of coastal cities.</p>
<p>In the Caribbean, scientists have also pointed to the likelihood of Barbuda disappearing in 40 years.</p>
<p>Shnell said countries could “essentially eliminate” the threat by turning to renewable energy, thereby decreasing the amount of fossil fuels or carbon-based fuels they burn.</p>
<p>“The primary driver of climate change is greenhouse gasses and one of the principal ones in terms of volume is carbon dioxide,” he said.</p>
<p>“For a long time a lot of electricity, 40 per cent of the electricity produced in many countries, would come from coal because it was a very inexpensive, plentiful form of carbon to burn.</p>
<p>“But now countries have seen that they need to move away from that and in fact the G7 just earlier this month got together and in their meeting, the leaders declared that they were going to be 100 percent renewable, that is completely stop burning carbon, coals and other forms of fossil fuels by the end of this century. The only problem is that for global warming purposes that’s probably too late,” Shnell added.</p>
<p>Shnell was among some of the world’s leading renewable energy experts who met here late last month to consider options for renewable energy development in the Caribbean.</p>
<p>The Martinique Conference on Island Energy Transitions was organised by the International Renewable Energy Agency (IRENA) and the French Government, which will host the United Nations International Climate Change Conference, COP 21, at the Le Bourget site in Paris from Nov. 30 Dec. 11 2015.</p>
<p>Senior Energy Specialist at the World Bank Migara Jaywardena said the conference was useful and timely in bringing all the practitioners from different technical people, financial people and government together.</p>
<p>“There’s a lot of climate funds that are being deployed to support and promote clean energy&#8230;and we talked about the challenges that small islands, highly indebted countries have with mobilising some of this capital and making that connection to clean energy,&#8221; Jaywardena told IPS.</p>
<p>“They want to do it but there isn’t enough funds and remember there’s a lot of other competing development interests, not just energy but non-energy interests as well. Since this conference leads to the COP in Paris, I think being a part of that climate dialogue is important because it creates an opportunity to begin to access some of those funds.”</p>
<p>“As an example, for Dominica we have an allocation of 10 million dollars from the clean technology fund to support the geothermal and that’s a perfect example of where climate funds could be mobilised to support clean energy in the islands,” Jaywardena added.</p>
<p>Shnell said Caribbean economies are severely affected by the cost of fuel but that should be an incentive to redouble their efforts to get away from importing oil.</p>
<p>“The oil that you import and burn turns right around and contributes to global warming and the potential flooding of the islands, whereas you have some great potential resources there in terms of solar and wind and certainly geothermal,” he said.</p>
<p>“What we’re advocating is the mixture of those resources. We feel it would be a mistake to try to select one and make that your 100 percent source of power or energy but it’s the mix, because of different characteristics of each of them and different timing of availability and so forth, they work much better together.”</p>
<p>He noted that wind and solar are intermittent while utility companies have to provide power all the time.</p>
<p>“So you need something like geothermal or hydropower that works all the time and provides enough energy to keep the grid running even when there is no solar energy. So you need to have a balance of your resources but it is quite possible to have that balance and still make it 100 percent renewable and do without fossil fuels altogether,” Shnell said.</p>
<p>A legislator in St. Kitts and Nevis said the twin island federation has gone past fossil fuel generation and is now adopting solar energy with one plant on St. Kitts generating just below 1 megawatt of electricity and another being developed which would produce 5 megawatts.</p>
<p>“In terms of solar we’ll be near production of 1.5 megawatts of renewable energy. As a government we are going full speed ahead in relation to ensuring that there’s renewable energy, of course, where the objective is to reduce electricity costs in St. Kitts and Nevis,” Energy Minister Ian Liburd told IPS.</p>
<p>In late 2013 legislators in Nevis selected Nevis Renewable Energy International (NREI) to develop a geothermal energy project, which they said would eventually eliminate the need for existing diesel-fired electrical generation by replacing it with renewable energy.</p>
<p><em>Edited by Kitty Stapp</em></p>
<div id='related_articles'>
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<li><a href="http://www.ipsnews.net/2015/07/union-islanders-wonder-if-their-home-will-be-the-next-atlantis/" >Union Islanders Wonder if Their Home Will Be the Next Atlantis</a></li>
<li><a href="http://www.ipsnews.net/2015/06/grenada-rebuilds-barrier-reefs/" >Grenada Rebuilds Barrier Reefs</a></li>

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		<title>Why Investors Should Think Twice before Investing in Coal in India – Part 1</title>
		<link>https://www.ipsnews.net/2015/03/why-investors-should-think-twice-before-investing-in-coal-in-india-part-1/</link>
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		<pubDate>Wed, 18 Mar 2015 11:47:44 +0000</pubDate>
		<dc:creator>Chaitanya Kumar</dc:creator>
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		<description><![CDATA[This is the first of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. This part of the article deals with the first two reasons. The second part will be published on Mar. 19.]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="180" src="https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA-300x180.jpeg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA-300x180.jpeg 300w, https://www.ipsnews.net/Library/2015/03/Coal_Jaipal-Singh-EPA.jpeg 620w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Indian coal workers. India announced in November last year that it plans to double coal production to a whopping 1 billion tonnes per annum before the end of this decade, a feat that is going to be highly improbable to pull off. Photo credit: Jaipal Singh/EPA</p></font></p><p>By Chaitanya Kumar<br />NEW DELHI, Mar 18 2015 (IPS) </p><p>India’s Government under Narendra Modi is in overdrive mode to please businesses and investments in the country. The much aggrandised ‘<a href="http://www.makeinindia.com">Make in India</a>’ campaign launched in September 2014 is a clarion call for spurring investments into manufacturing and services in India and all eyes have turned to the power sector which is expected to undergo dramatic shifts.<span id="more-139724"></span></p>
<p>Piyush Goyal, India’s power minister, announced in November last year that he plans to <a href="http://articles.economictimes.indiatimes.com/2014-11-06/news/55836084_1_coal-india-coal-production-india-economic-summit">double coal production</a> in India to a whopping 1 billion tonnes per annum before the end of this decade, a feat that is going to be highly improbable to pull off.</p>
<p>In an effort to enhance production, the Indian government has started a process of auctioning coal blocks, which were de-allocated by the country’s Supreme Court as a result of the <a href="https://en.wikipedia.org/wiki/Indian_coal_allocation_scam%20%20that%20hit%20the%20country%20in%202012">coal scam</a> that hit the country in 2012 (and resulted in notional losses of 30 billion dollars to India’s exchequer).</p>
<p>With domestic miners already having shown an <a href="http://indianexpress.com/article/business/business-others/coal-auction-total-proceeds-to-cross-rs2l-cr/">aggressive interest</a> in bidding at the first auction last month, a total of 204 coal blocks are set to be auctioned over the next 12 months. The first 32 auctioned blocks have yielded more than 35 billion dollars, exceeding the nominal losses from the coal scam.“[Indian] Prime Minister Modi has made it clear that he does not intend to give into … pressure [to take further action on climate change and rethink its energy options] from any nation but he also cannot afford the ignominy of being singled out as a country that is blocking progressive climate action in Paris”<br /><font size="1"></font></p>
<p>Coupled with the auctions is the disinvestment of Coal India Limited (CIL), the world’s largest coal mining company. A 10 percent stake sale in early February resulted in a <a href="http://www.wsj.com/articles/as-coal-india-sells-stock-a-second-state-firm-buys-1422995572">mixed bag response</a>. Another state owned firm, LIC India, lapped up 50 percent of the stocks alongside a couple of international investment funds and a few Indian firms. The move generated 3.6 billion dollars in revenues for the government.</p>
<p>The auctions and the disinvestment of CIL can provide short-term reprieve to India’s energy and fiscal deficit woes, but there are four reasons why investors and the government should be really wary of investing in coal for the long run (10-15 years). The following are the first two.</p>
<p><strong>Unburnable carbon</strong></p>
<p>The reality that a large proportion of coal and other fossil fuels should be left in the ground is rapidly becoming clear to big business and governments around the world. By signing on to a <a href="http://cancun.unfccc.int/cancun-agreements/main-objectives-of-the-agreements/#c33">global agreement</a> that pledges to limit the rise in the earth’s surface temperature to 2 degrees Celsius, India along with other major carbon emitters have effectively signalled the imminent decline in the use of fossil fuels in order to avoid the worst impacts of global warming.</p>
<p>To achieve this much needed and agreed upon limit on temperature rise, 82 percent of known global coal reserves should remain unextracted. This roughly translates into 66 percent of known coal reserves in India and China that should be <a href="http://www.theguardian.com/environment/2015/jan/07/much-worlds-fossil-fuel-reserve-must-stay-buried-prevent-climate-change-study-says">left in the ground</a>, according to a <a href="http://www.nature.com/articles/nature14016.epdf?referrer_access_token=0uayJ0jsQ-ZyanszyJNZYNRgN0jAjWel9jnR3ZoTv0MEzzy4wDRQte5fViQxiPJjD2pVn_VEiIJXUIpylA0k52au177nPq6MK1EoZ4XWOqKviWFcWiotwOKaqMCCDQwv5MxrZGFxcncDB9ccGFis7YH2s39Ho2Z7p0b9IYK_MARdeXuDq8xxhmAWrIot5xnQgJEjOSfHkyc-1jKtKIwFrKoRfzyu-vsCYqVo9h7QACajJF7-kGrZLxxr9_3rAHbzN6XfaR1_3CHLktYs_CbMuSpD7EUHyDiVzDAQxorSpDE%3D&amp;tracking_referrer=www.theguardian.com">study</a> published in the reputed journal Nature.</p>
<p>These stranded assets, or unburnable carbon, is what the Intergovernmental Panel on Climate Change (IPCC), the scientific body that informs climate policy around the world, also highlighted in its recent <a href="http://mitigation2014.org/">report</a> on climate change mitigation.</p>
<p>This new reality is unravelling quicker than expected and gaining credence from the most unlikely of places. Even the International Energy Agency (IEA), which has faced consistent criticism in underplaying the role of renewable energy in favour of nuclear and fossil fuels, <a href="https://www.iea.org/newsroomandevents/pressreleases/2012/november/name,33015,en.html">stated</a> recently that “no more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 degrees C goal”.</p>
<p>IEA’s Chief Economist Fatih Birol warned that “we need to change our way of consuming energy within the next three or four years,” because, otherwise, “in 2017, all of the emissions that allow us to stay under 2°C will be locked in.”</p>
<p>Coal is fast losing the rug under its feet. Nick Nuttall, the spokesman for the UN Framework Convention on Climate Change (UNFCCC) said of divestment: “We support divestment as it sends a signal to companies, especially coal companies, that the age of ‘burn what you like, when you like’ cannot continue.</p>
<p>This proposition will be contested fiercely by the Indian government as much as by any fossil fuel company, but as nations – under pressure – prepare to deliver a strong global climate agreement at the U.N. Climate Change Conference in Paris in December, long-term investments in coal in this rapidly growing economy will stand on very thin ice.</p>
<p>Even U.S. President Barack Obama’s <a href="http://www.nytimes.com/2015/01/28/world/asia/obama-ends-visit-with-challenge-to-india-on-climate-change.html?_r=1">statements</a> during his recent visit to India suggest diplomatic pressure on India to take further action on climate change and rethink its energy options for the immediate future.</p>
<p>Prime Minister Modi has made it clear that he does not intend to give into such pressure from any nation but he also cannot afford the ignominy of being singled out as a country that is blocking progressive climate action in Paris.</p>
<p><strong>Thermal coal reaches retirement age – it’s time for renewable energy</strong></p>
<p>A new report from <a href="http://share.thomsonreuters.com/assets/newsletters/Inside_Dry_Freight/IDF_Jan_26_2015.pdf">Goldman Sachs</a> starts with this gem of a sentence:  “<em>Just as a worker celebrating their 65th birthday can settle into a more sedate lifestyle while they look back on past achievements, we argue that thermal coal has reached its retirement age.”</em></p>
<p>The<a href="http://blog.banktrack.org/?p=467"> latest data</a> reveal that coal consumption is declining in many parts of the world, including across Europe as a whole, the United States and now, surprisingly, even China registered a small but historic decline in its coal consumption last year. The retirement of dirty coal plants in developed economies is set to cement this trend in the coming few years.</p>
<p>The most recent blow comes from the world’s largest sovereign fund, as Norway’s Government Pension Fund Global (GPFG), worth 850 billion dollars, <a href="http://www.theguardian.com/environment/2015/feb/05/worlds-biggest-sovereign-wealth-fund-dumps-dozens-of-coal-companies">announced</a> that it had dumped 40 major coal mining companies from its portfolio on environmental and climate grounds.</p>
<p>Besides the climate concern, economics is increasingly in favour of alternative sources of energy, such as wind and solar.</p>
<p>In 2014, we saw a precipitous drop in the cost of solar energy in India. Bidding prices came down as low as 6.5 rupees a unit, a <a href="http://articles.economictimes.indiatimes.com/2014-03-17/news/48297593_1_grid-parity-solar-capacity-solar-power">61 percent drop</a> over the last three years, compared with the average unit price of conventional energy like coal at around 5.5 rupees a unit.</p>
<p>Coupled with dramatic drops in costs of solar equipment such as panels, alongside operational, capital and maintenance costs, the path is clearly open for solar to achieve grid parity by 2017.</p>
<p>Meanwhile, onshore wind has in fact become the <a href="http://grist.org/climate-energy/renewable-energy-is-getting-cheaper-and-cheaper-in-6-charts/">cheapest</a> way to generate electricity in the world, laying the claims of cheap coal to rest. A <a href="http://www.irena.org/menu/index.aspx?mnu=Subcat&amp;PriMenuID=36&amp;CatID=141&amp;SubcatID=277">report</a> from the International Renewable Energy Agency (IRENA), an intergovernmental research organisation, has laid bare the facts.</p>
<p>According to the report, the levelised cost of energy or LCOE (that is, all costs considered except externalities like subsidies or environmental impacts) for solar and wind already makes them highly competitive with fossil fuel-based electricity.</p>
<p>The oft cited issues of high capital costs and intermittency notwithstanding, prices of small-scale residential rooftop solar systems also dropped in the range of 40-65 percent between 2008 and 2014 in Europe and the United States.</p>
<p>What does this mean for coal in India? If the above numbers are any measure of the future of the energy sector, heavy investments in coal beyond this decade would be economic suicide.</p>
<p>Coal plants once established have a lifetime of at least 30 years and given the market volatility for coal, owing to rising costs of mining and uncertain fuel supply agreements, greater prices for end consumers is inevitable.</p>
<p>Many pundits in India appreciate this reality and the government has given the right indicators on its pursuit of renewable energy. With a target of 165 GW, India has set an ambitious goal of adding 60 percent to its total current capacity from just solar and wind by 2022.</p>
<p><em>Edited by </em><a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/"><em>Phil Harris</em></a><em>    </em></p>
<p><em>The views expressed in this article are those of the author and do not necessarily represent the views of, and should not be attributed to, IPS &#8211; Inter Press Service. </em></p>
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</ul></div>		<p>Excerpt: </p>This is the first of a two-part article analysing India’s plans to double coal production by the end of this decade. The article, by Chaitanya Kumar, South Asia Team Leader of 350.org, which is building a global climate movement through online campaigns, grassroots organising and mass public actions, offers four reasons why investors and the Indian government should be really wary of investing in coal for the long run. This part of the article deals with the first two reasons. The second part will be published on Mar. 19.]]></content:encoded>
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		<title>Falling Oil Prices Won&#8217;t Derail St. Lucia&#8217;s Push for Clean Energy</title>
		<link>https://www.ipsnews.net/2015/02/falling-oil-prices-wont-derail-st-lucias-push-for-clean-energy/</link>
		<comments>https://www.ipsnews.net/2015/02/falling-oil-prices-wont-derail-st-lucias-push-for-clean-energy/#respond</comments>
		<pubDate>Wed, 25 Feb 2015 16:01:45 +0000</pubDate>
		<dc:creator>Kenton X. Chance</dc:creator>
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		<description><![CDATA[At Plas Kassav, a roadside outlet in Canaries, a rural community in western St. Lucia, a busload of visitors from other Caribbean countries, along with tourists from North America and Europe, sample the 12 flavours of freshly baked cassava bread on sale. In the back of the shop, employees busily sift the grated cassava and [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/02/cassava-bread-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/02/cassava-bread-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/02/cassava-bread-629x420.jpg 629w, https://www.ipsnews.net/Library/2015/02/cassava-bread.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Workers use electricity and firewood to prepare cassava bread in Canaries, St. Lucia. The country’s government says renewable energy can help with value-added in the agricultural sector. Credit: Kenton X. Chance/IPS</p></font></p><p>By Kenton X. Chance<br />CASTRIES, Feb 25 2015 (IPS) </p><p>At Plas Kassav, a roadside outlet in Canaries, a rural community in western St. Lucia, a busload of visitors from other Caribbean countries, along with tourists from North America and Europe, sample the 12 flavours of freshly baked cassava bread on sale.<span id="more-139341"></span></p>
<p>In the back of the shop, employees busily sift the grated cassava and prepare it for baking. Next to them, an electric motor powers a device that turns grated cassava as it bakes into farine &#8212; a cereal made from cassava tubers &#8212; in a wood-fired cauldron.Caribbean nations, with their fossil fuel-dependant economies, “don't want to be caught in a situation where today the price of oil is less than 50 dollars a barrel and tomorrow, if the Saudis and the other players decide, that the price of oil could go up to 120 dollars a barrel.” -- Minister James Fletcher<br /><font size="1"></font></p>
<p>This is one of the ways in which this eastern Caribbean nation of 180,000 people is marrying its tourism and agriculture sectors.</p>
<p>Tourism makes the largest contribution to St. Lucia’s 1.3-billion-dollar economy. And with oil prices expected to continue falling for some time, this 617-square-kilometre island is hoping for significant economic growth on the heels of the slim years since the global financial crisis struck in 2008.</p>
<p>The government says that the move toward renewable energy will see businesses and households paying less for energy and will also strengthen the nation’s argument at the international climate change negotiations.</p>
<p>A renewable energy expert with the International Renewable Energy Agency (IRENA) tells IPS that falling oil prices present an excellent opportunity for small island developing states such as St. Lucia and its 14 other Caribbean Community (CARICOM) allies to accelerate their renewable energy programme.</p>
<p>“I think you can look at it as a windfall that buys you time for the transition,” Dolf Gielen says.</p>
<p>He tells IPS that falling oil prices will slow down but will not end the push towards clean energy.</p>
<p>“Oil prices will somewhat slow the acceleration but you will see a continued transition towards renewables,&#8221; he says. &#8220;Now you have a little more time to plan it and to make sure that it functions well.”</p>
<p>James Fletcher, St. Lucia’s Minister of Public Service, Sustainable Development, Energy, Science and Technology, tells IPS that he agrees that the region needs to accelerate its transition toward renewable energy, but is not certain whether lower fuel prices is really reason to exhale.</p>
<p>“I’m not sure about the breathing space. I think what it does, however, show is that this fuel price game is not one we want to be playing,” Fletcher tells IPS.</p>
<p>He notes that while the price of oil has fallen to 50 dollars a barrel &#8212; less than half of what it was half year ago &#8212; the decrease did not result from any advances in technology.</p>
<p>“The price of oil right now is being determined by the geopolitics of oil,” he says, noting that Saudi Arabia has increased its production in an effort to make production of shale oil in the United States and Canada less attractive.</p>
<p>Fletcher says that Caribbean nations, with their fossil fuel-dependant economies, “don&#8217;t want to be caught in a situation where today the price of oil is less than 50 dollars a barrel and tomorrow, if the Saudis and the other players decide, that the price of oil could go up to 120 dollars a barrel.”</p>
<div id="attachment_139342" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/02/cruise-chips.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-139342" class="size-full wp-image-139342" src="https://www.ipsnews.net/Library/2015/02/cruise-chips.jpg" alt="Cruise in Castries Harbour, St. Lucia. The island is hoping to use renewable energy to fuel a greater part of its tourism sector. Credit: Kenton X. Chance/IPS" width="640" height="427" srcset="https://www.ipsnews.net/Library/2015/02/cruise-chips.jpg 640w, https://www.ipsnews.net/Library/2015/02/cruise-chips-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/02/cruise-chips-629x420.jpg 629w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-139342" class="wp-caption-text">Cruise in Castries Harbour, St. Lucia. The island is hoping to use renewable energy to fuel a greater part of its tourism sector. Credit: Kenton X. Chance/IPS</p></div>
<p>If the Caribbean is really serious about sustainable development and wants its economies to develop with some level of certainty, “we can’t be at the mercy of a widely fluctuating oil market,&#8221; Fletcher stresses.</p>
<p>“So, for me, what is happening in the oil market is reason why, as much as possible, we should get either out of it or insulate ourselves from it &#8211; and that’s why renewable energy makes so much sense to us.”</p>
<p>As opposed to dependence on oil, Fletcher says, if Caribbean countries are depending on renewable energy then there is “much more certainty” of what the price of energy will be.</p>
<p>“… With prices fluctuating so much not because of any huge difference in technology and any difference in supply in the Middle East or any glut in the supply market, I think that’s why we should be getting pursuing our renewable energies programme with more haste and more energy,” Fletcher tells IPS.</p>
<p>In St. Lucia, consumers pay 38 cents for one kilowatt-hour of electricity. The government hopes that its investments in renewable energy could see that price reduced to 30 cents.</p>
<p>St. Lucia is home to Sulphur Sprints, the &#8220;world&#8217;s only drive in volcano&#8221; &#8212; a smoking caldera located near Soufrière on the southwestern side of the island, where the natural heat boils the water and geysers shoot into the air at high tide and full moon.</p>
<div id="attachment_139343" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/02/st-lucia-volcano.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-139343" class="size-full wp-image-139343" src="https://www.ipsnews.net/Library/2015/02/st-lucia-volcano.jpg" alt="St. Lucia hopes to generate up to 30 megawatts of electricity in Soufriere, home to Sulphur Springs, the “world’s only drive-in volcano”. Credit: Kenton X. Chance/IPS" width="640" height="427" srcset="https://www.ipsnews.net/Library/2015/02/st-lucia-volcano.jpg 640w, https://www.ipsnews.net/Library/2015/02/st-lucia-volcano-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/02/st-lucia-volcano-629x420.jpg 629w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-139343" class="wp-caption-text">St. Lucia hopes to generate up to 30 megawatts of electricity in Soufriere, home to Sulphur Springs, the “world’s only drive-in volcano”. Credit: Kenton X. Chance/IPS</p></div>
<p>It stands to reason that geothermal energy will be the nation’s focus as it pivots to renewable energy.</p>
<p>Fletcher tells IPS wind and solar PV are intermittent sources of energy “and we really can’t complete a transition away from fossil fuel based on intermittent sources, unless we invest heavily in storage, which we really don&#8217;t have the capacity to do right now.”</p>
<p>St. Lucia has received financial and technical support from the government of New Zealand, SIDS-DOCK, and the Global Environmental Facility to conduct the initial stage of exploration, which will start soon, Fletcher says.</p>
<p>LUCILEC, the state-owned power company in St. Lucia, will purchase the electricity from the power plant developer, ORMAK of Isreal, and resell it to consumers.</p>
<p>Fletcher tells IPS that the government is pleased with the pace of the negotiations but notes that developing geothermal potential takes time.</p>
<p>“But at least it puts us on track to developing what we believe is as much as 30 megawatts of geothermal energy in Soufriere,” he says.</p>
<p>And while geothermal energy has been identified as the booster that St. Lucia’s tourism industry has been longing for, exploiting that same renewable energy potential could deal a devastating blow to the nation’s tourism product.</p>
<p>“There is one little wrinkle in that, because the drive-in volcano is also located within the Piton Management Area, and the Piton Management Area is a UNESCO World Heritage Site and it is located in one of the policy areas where we are restricted in the level of infrastructural development that can take place,” Fletcher explains.</p>
<p>“So what we will be doing is looking at drill sites outside of the immediate vicinity of the drive-in volcano, but we are quite confident that we will have quite productive wells outside of that immediate area.”</p>
<p>St. Lucia is also exploring the development of a 12-megawatt wind farm on the island’s east cost and has been having discussion with an entity in the United States in this regard.</p>
<p>The third element of the renewable energy push is solar PV, the first stage of which will be done by LUCILEC, which has invited responses to proposal for a 1.2-megawatt facility in the south of St. Lucia, the intention being that it will be scaled up to 3 megawatts in the near future.</p>
<p>In this regard, the government is working with the Carbon War Room and the Clinton Initiative, which have been supporting the renewable energy programme.</p>
<p>Fletcher tells IPS that the move toward renewable energy, coupled with energy saving initiatives &#8212; such reducing from 4.0 million dollars to 2.6 million annually the amount spent on street lighting by switching to LED bulbs &#8212; will have a “tremendous” impact on St. Lucia.</p>
<p>The government is moving to make its own buildings more energy efficient, and will take to Parliament legislation to provide home and land tax, income tax rebate for people who are retrofitting their homes with energy efficient devices or installing grid-tie solar PV.</p>
<p>“What that does is many-fold. First of all, it causes our economic sector to be much more competitive,” Fletcher says, adding that a large portion of spending in the tourism sector is on energy.</p>
<p>“When you now superimpose on that the work we are doing with renewables, that, hopefully, will cause a reduction in the price of electricity from what it is right now, which 38 US cents per hour, to something approaching 30 cents. Then the expenditure by our hotels, by our manufacturing sector, the expenditure by people who are interested in value-added in agriculture, that expenditure goes down and it makes those sectors more competitive,” Fletcher tells IPS.</p>
<p>“On the household side, any money that is not being spent on energy is money that can be spent on something else. And so our focus is not just on the commercial establishments but also to get our residential consumers to benefit from the reduction in the cost of electricity, but also by putting in energy saving measures in their homes and giving them concessions to do that, that they will realise significant savings where their energy expenditure is concerned.”</p>
<p>Fletcher is one of St. Lucia’s and CARICOM’s negotiator at the global climate change talks, where the nations of the worlds are slated to sign a binding deal for reducing global warming in Paris later this year.</p>
<p>He tells IPS that at the international climate change negotiations, St. Lucia has been saying to developed countries that they have to reduce their emissions of greenhouse gases to keep global warming to two degrees above pre-industrial levels, as proposed by experts.</p>
<p>“Now, it strengthens our case. It strengthens our moral argument if we can say that a country like St. Lucia that contributes … something like 0.00078 per cent of all green house gases, we recognise the importance of this being a global effort and we are still committing to reducing our carbon footprint by 30, 40, 50 per cent.</p>
<p>“Then we believe that the big emitters, like the United States, like the European countries, like China, like Russia, that they also should be doing more to reduce their greenhouse emissions. So, I think it strengthens our hand in the international negotiations where climate change is concerned,” Fletcher tells IPS.</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at <a href="mailto:Kentonxtchance@gmail.com" target="_blank">Kentonxtchance@gmail.com</a></em></p>
<p><em>Follow him on Twitter @KentonXChance</em></p>
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<li><a href="http://www.ipsnews.net/2015/02/fighting-climate-change-with-community-action/" >Fighting Climate Change with Community Action</a></li>
<li><a href="http://www.ipsnews.net/2015/01/island-states-throw-off-the-heavy-yoke-of-fossil-fuels/" >Island States Throw Off the Heavy Yoke of Fossil Fuels</a></li>
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		<title>Renewables Can Benefit Water, Energy and Food Nexus</title>
		<link>https://www.ipsnews.net/2015/01/renewables-can-benefit-water-energy-and-food-nexus/</link>
		<comments>https://www.ipsnews.net/2015/01/renewables-can-benefit-water-energy-and-food-nexus/#respond</comments>
		<pubDate>Mon, 26 Jan 2015 16:48:33 +0000</pubDate>
		<dc:creator>Wambi Michael</dc:creator>
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		<category><![CDATA[Adnan Z. Amin]]></category>
		<category><![CDATA[agrifood]]></category>
		<category><![CDATA[concentrated solar power (CSP)]]></category>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138830</guid>
		<description><![CDATA[With global energy needs projected to increase by 35 percent by 2035, a new report says meeting this demand could increase water withdrawals in the energy sector unless more cost effective renewable energy sources are deployed in power, water and food production. The report, titled “Renewable Energy in the Water, Energy &#38; Food Nexus” by [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/01/CSP-power-project-in-United-Arab-Emirates.-The-project-costing-over-600-million-generates-over-100-MW-of-electricity-enough-for-twenty-thoussand-homes.-Credit-Wambi-M-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/01/CSP-power-project-in-United-Arab-Emirates.-The-project-costing-over-600-million-generates-over-100-MW-of-electricity-enough-for-twenty-thoussand-homes.-Credit-Wambi-M-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/CSP-power-project-in-United-Arab-Emirates.-The-project-costing-over-600-million-generates-over-100-MW-of-electricity-enough-for-twenty-thoussand-homes.-Credit-Wambi-M-1024x683.jpg 1024w, https://www.ipsnews.net/Library/2015/01/CSP-power-project-in-United-Arab-Emirates.-The-project-costing-over-600-million-generates-over-100-MW-of-electricity-enough-for-twenty-thoussand-homes.-Credit-Wambi-M-629x419.jpg 629w, https://www.ipsnews.net/Library/2015/01/CSP-power-project-in-United-Arab-Emirates.-The-project-costing-over-600-million-generates-over-100-MW-of-electricity-enough-for-twenty-thoussand-homes.-Credit-Wambi-M-900x600.jpg 900w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">The Shams 1 concentrated solar power (CSP) plant in the United Arab Emirates covers an area the size of 285 football pitches and generates over 100 MW of electricity for the country’s national grid. Credit: Wambi Michael/IPS</p></font></p><p>By Wambi Michael<br />ABU DHABI, Jan 26 2015 (IPS) </p><p>With global energy needs projected to increase by 35 percent by 2035, a new <a href="http://www.irena.org/menu/index.aspx?mnu=Subcat&amp;PriMenuID=36&amp;CatID=141&amp;SubcatID=496">report</a> says meeting this demand could increase water withdrawals in the energy sector unless more cost effective renewable energy sources are deployed in power, water and food production.<span id="more-138830"></span></p>
<p>The report, titled <strong>“</strong>Renewable Energy in the Water, Energy &amp; Food Nexus<strong>” </strong>by the International Renewable Energy Agency (IRENA), says that integrating renewable energy in the agrifood supply chain alone could help to rein in cost volatility, bolster energy security, reduce greenhouse gas emissions and contribute to long-term food sustainability.</p>
<p>The  report, launched at the International Water Summit (Jan. 18-21) in Abu Dhabi, examines how adopting renewables can ease trade-offs by providing less resource-intensive energy services compared with conventional energy technologies. Integrating renewable energy in the agrifood supply chain alone could help to rein in cost volatility, bolster energy security, reduce greenhouse gas emissions and contribute to long-term food sustainability<br /><font size="1"></font></p>
<p>“Globally, an energy system with substantial shares of renewables, in particular solar photovoltaics and wind power, would save significant amounts of water, thereby reducing strains on limited water resources,” said IRENA Director-General Adnan Z. Amin.</p>
<p>Unfortunately, he said, detailed knowledge on the role of renewable energy at the intersection of energy, food and water has so far been limited.</p>
<p>In addition to the water-saving potential of renewable energy, the report also shows that renewable energy-based desalination technologies could play an increasing role in providing clean drinking water for people around the world.</p>
<p>Amin said although renewable desalination may still be relatively expensive, decreasing renewable energy costs, technology advancements and increasing scales of deployment make it a cost-effective and sustainable solution in the long term.</p>
<p>Dr Rabia Ferroukhi, Deputy Director of IRENA’s Knowledge, Policy and Finance division, told IPS that “water, energy and food systems are inextricably linked: water and energy are needed to produce food; water is needed for most power generation; and energy is required to treat and transport water in what is known as ‘the water-energy-food nexus’.”</p>
<p>She said deployment of renewable energy is already showing positive results in the Middle East and North Africa (MENA) region, with an over 50 percent cost share of global desalination capacity.</p>
<p>Some 120 kilometres southwest of Abu Dhabi lies the <a href="http://www.shamspower.ae/en/about-us/overview/">Shams 1</a> concentrated solar power (CSP) plant, which generates over 100 MW of electricity for the United Arab Emirates national grid.</p>
<p>Shams 1, which was designed and developed by Shams Power Company, a joint venture among Masdar (60 percent), Total (20 percent) and Abengoa Solar (20 percent), accounts for almost 68 percent of the Gulf’s renewable energy capacity and close to 10 percent of the world’s installed CSP capacity.</p>
<p>Abdulaziz Albaidli, Sham’s Plant Manager, told IPS during a visit to the plant that the project reduces the UAE’s carbon emissions, displacing approximately 175,000 tonnes of CO₂ per year.</p>
<p>Located in the middle of the desert and covering an area of 2.5 km² – or 285 football fields – Shams 1 incorporates the latest in parabolic trough technology and features more than 258,000 mirrors mounted on 768 tracking parabolic trough collectors.</p>
<p>By concentrating heat from direct sunlight onto oil-filled pipes, Shams 1 produces steam, which drives a turbine and generates electricity. Shams 1 also features a dry-cooling system that significantly reduces water consumption – a critical advantage in the arid desert.</p>
<p>“This plant has been built to be a hybrid plant which allows us to produce electricity at very high efficiency, as well as allowing us to produce electricity when there is no sun. Also the use of an air-cooled condenser allows us to save two hundred million gallons of water. That is a very important feature in a country where water is scarce,” said.</p>
<p>In addition, he continued, “the electricity we produce is able to provide twenty thousand homes with a steady supply of electricity for refrigeration, air conditioning, lighting and so on.”</p>
<p>Dr Sultan Ahmed Al Jaber<em>, </em>CEO of Masdar – the majority shareholder in Shams 1 – told delegates at the just concluded Abu Dhabi World Future Energy Summit (Jan. 18-21) that “through Masdar, we are redefining the role our country will play in delivering energy to the world.”</p>
<p>“From precious hydrocarbons exports to commercially viable renewable energy projects,” he said, “we are extending our legacy for future generations.”</p>
<p>Morocco is another country aiming to become a world-class renewable energy producer and is eyeing the chance to export clean electricity to nearby Europe through the water, energy and food nexus.</p>
<p>Its first CSP plant located in the southern desert city of Ouarzazate, which is now operational, is part of a major plan to produce over 2,000 megawatts (MW) at an estimated cost of nine billion dollars with funding from the World Bank, the African Development Bank and the European Investment Bank.</p>
<p>Meanwhile, South Africa is taking advantage of a solar-powered dry cooling system to generate power. In collaboration with Spanish-based CSP technology giant Abengoa Solar, the country is installing two plants – Khi Solar One and KaXu Solar One – that will generate up to 17,800 MW of renewable energy by 2030 and reduce its dependence on oil and natural gas.</p>
<p>Dr Linus Mafor, an analyst with the IRENA’s Innovation and Technology Centre, told IPS that there is an encouraging trend across the globe with countries implementing projects that aim to account for the interdependencies and trade-offs among the water, energy and food sectors.</p>
<p>He said that the German Agency for International Cooperation (GIZ) is one of the promoters of the water, energy and food nexus in six Asian countries which are integrating the approach into development processes.  According to Mafor, such initiatives will see more affordable and sustainable renewable energy deployed in water, energy and food production in the near future.</p>
<p>The Austria-based Renewable Energy and Energy Efficiency Partnership <em>(</em>REEEP) is one of the supporters of the <em>nexus</em> among clean energy, food production and water provision. Its Director-General, Martin Hiller, told IPS that understanding the inter-linkages among water resources, energy production and food security and managing them holistically is critical to global sustainability.</p>
<p>The agrifood industry, he said, accounts for over 80 percent of total freshwater use, 30 percent of total energy demand, and 12 to 30 percent of man-made greenhouse gas emissions worldwide.</p>
<p>REEEP is supporting countries like Kenya, Indonesia, Kenya and Burkina Faso, among others, in developing solar-powered pumps for irrigation, with the aim of improving energy efficiency.</p>
<p><em>Edited by </em><a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/"><em>Phil Harris</em></a><em>   </em></p>
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		<title>Africa Needs to Move Forward on Renewable Energy</title>
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		<pubDate>Thu, 22 Jan 2015 13:02:30 +0000</pubDate>
		<dc:creator>Wambi Michael</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138773</guid>
		<description><![CDATA[Diversification of Africa’s electricity sources by embarking on renewable energy solutions – such as solar, wind, geothermal and hydro power – is being heralded as a solution to the continent’s energy poverty. But although a number of countries are already reaping benefits from investment in renewables, there is concern that many of the countries are [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k-1024x683.jpg 1024w, https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k-629x419.jpg 629w, https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k-900x600.jpg 900w, https://www.ipsnews.net/Library/2015/01/15717848764_a38555caea_k.jpg 2048w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Kandeh Yumkella, U.N. Special Representative for Sustainable Energy, believes that Africa should focus on small and more decentralised renewable energy options that could quickly reach rural energy-poor citizens instead of waiting until funding is obtained for big renewable energy projects. Credit: Wambi Michael/IPS</p></font></p><p>By Wambi Michael<br />ABU DHABI, Jan 22 2015 (IPS) </p><p>Diversification of Africa’s electricity sources by embarking on renewable energy solutions – such as solar, wind, geothermal and hydro power – is being heralded as a solution to the continent’s energy poverty.<span id="more-138773"></span></p>
<p>But although a number of countries are already reaping benefits from investment in renewables, there is concern that many of the countries are yet to exploit those resources.</p>
<p>African ministers and delegates at the Abu Dhabi International Renewable Energy Conference in Abu Dhabi from January 15-17 noted that a mere handful of countries in the continent are tapping into renewable energy resource.“People don’t have to wait in darkness before the big projects come. We can have those solutions out today because the technologies are there. It is about markets and the spreading out of off-grid” – Kandeh Yumkella, Special Representative of the U.N. Secretary-General for Sustainable Energy<br /><font size="1"></font></p>
<p>Some of the bottlenecks identified included lack of finance, lack of interest from investors and the desire by some to take on mega projects that could easily fail to attract private investors.</p>
<p>Davis Chirchir, Kenya’s Cabinet Secretary for Energy, told IPS that for many sub-Saharan Africa countries, accessing financing for fossil fuel projects was much easier compared with renewable energy options. “It is a big problem even when the prices for renewable energy solutions like solar and wind are going down” said Chirchir, whose country is now seeing costs reducing as a result of investing in geothermal energy.</p>
<p>Kenya plans to generate up to three gigawatts (3GW) of power from geothermal energy alone from its Rift Valley area.</p>
<p>Chirchir said that despite the long-term benefits, many of the countries in the region lacked their own initial resources for investment in projects.</p>
<p>“While renewable projects are often cheaper, they tend to require up-front capital costs. So for many, we shall require more targeted financing if we are to kick off many from the ground,” said Chirchir.</p>
<p>“In Kenya, our investment in geothermal energy displaced some 65 percent of fossil fuels, and brought down the cost to the customer by about 30 percent,” he added.</p>
<p>Kandeh Yumkella, Special Representative of the U.N. Secretary-General for Sustainable Energy and CEO of the <a href="http://www.se4all.or">Sustainable Energy for All</a> initiative, decried the fact that despite the declining costs of generating energy from renewable energy sources, Africa was consuming only one-quarter of global average energy per capita.</p>
<p>“How do we help the majority of people in Africa that rely on charcoal and cow dung for their primary needs? How do we do that? This is where the context of off-grid really comes in,” he suggested.</p>
<p>According to Yumkella, Africa should focus on small and more decentralised renewable energy options that could quickly reach rural energy-poor citizens instead of waiting until funding is obtained for big renewable energy projects.</p>
<p>“Sometimes the project preparation costs before the investments come are about three to ten percent of project costs. For many African countries that is a lot of money. It takes a big time to get the big projects under way,” he noted.</p>
<p>For Yumkella, African governments urgently need to put in place policies that would support renewable energy power generation using private investments to construct off-grid power stations, especially in areas where it is hard to reconnect to the main grids.</p>
<p><strong>“</strong>We can have millions of energy entrepreneurs spreading the off-grid solutions while we wait for the big projects to take off,” he explained. “People don’t have to wait in darkness before the big projects come. We can have those solutions out today because the technologies are there. It is about markets and the spreading out of off-grid.”</p>
<p>Furthermore, said Yumkella, off-grid solutions would support Africa’s social development agenda at the community level and “that can be done now because off-grids can be in the hands of the poor communities to increase their productivity and help their social development.  But we will need millions of entrepreneurs in Africa in order to make energy poverty history.”</p>
<p>According to the International Renewable Energy Agency (IRENA), even with available renewable energy potential, Africa still has the lowest rate of rural electrification compared with other continents.</p>
<p>Globally, over the last two decades, rural electrification has increased from 61 to 70 percent but there are large disparities in rural access rates – in sub-Saharan Africa, for example, that rate is just 18 percent compared with over 70 percent in developing Asia.</p>
<p>IRENA says that Africa needs to double its rate of expansion of rural electrification and change the way it approaches rural electrification for it to achieve the universal electricity access for all target by 2030.</p>
<p>“And in this expansion, it is estimated that about 60 percent of additional generation will come from stand-alone and mini-grid solutions, with most of it being renewables because they can tap into locally available energy resources,” said Rabia Ferroukhi, IRENA Deputy Director in charge of Knowledge, Technology and Financing.</p>
<div id="attachment_138774" style="width: 310px" class="wp-caption alignleft"><a href="https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138774" class="size-medium wp-image-138774" src="https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency-300x298.jpg" alt="Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA), believes that all African countries can reduce their dependence on fossil fuels and leapfrog into a sustainable future. Credit: Wambi Michael/IPS" width="300" height="298" srcset="https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency-300x298.jpg 300w, https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency-100x100.jpg 100w, https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency-144x144.jpg 144w, https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency-475x472.jpg 475w, https://www.ipsnews.net/Library/2015/01/Adnan-Z-Amin-Director-General-International-Renewable-Agency.jpg 545w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p id="caption-attachment-138774" class="wp-caption-text">Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA), believes that all African countries can reduce their dependence on fossil fuels and leapfrog into a sustainable future. Credit: Wambi Michael/IPS</p></div>
<p>Meanwhile, African energy ministers and delegates at the Abu Dhabi renewable energy conference called on IRENA and countries with greater knowledge in renewable energy to help them in supporting the <a href="http://www.irena.org/menu/index.aspx?mnu=Subcat&amp;PriMenuID=30&amp;CatID=79&amp;SubcatID=343">Africa Clean Energy Corridor</a> initiative.</p>
<p>This initiative encourages the deployment of hydro, geothermal, biomass, wind and solar options from Cairo to Cape Town to increase capacity, stabilise the grid, and reduce fossil fuel dependency.</p>
<p>Ethiopia, one of the countries already investing in renewable energy, especially in wind, geothermal and hydroelectric power, is one of the proponents of financing for the Clean Energy Corridor.</p>
<p>The country plans to generate 800 megawatts of wind power, 1 gigawatt of geothermal power and is constructing a 6,000 MW hydroelectric plant, which will be the largest such facility in Africa costing about 4.8 billion dollars.</p>
<p>Ethiopia’s Water, Irrigation and Energy Minister, Alemayehu Tegenu, told IPS that, if implemented, the Africa Clean Energy Corridor would help to advance renewable energy solutions to the corridor.</p>
<p>Adnan Amin, the Director-General of IRENA, told IPS that the Africa Clean Energy Corridor has gathered strong political support and engagement from within Africa and at the level of the United Nations.</p>
<p>“We have to make sure that we have regional programmes that can support countries to move in the clean direction and this is the concept behind our African Clean Energy Corridor,” said Amin.</p>
<p>“We want to interconnect African markets, create a larger regulated market, because when you have big markets, you can have big projects that pass the technology forward.”</p>
<p>With smart planning and prudent investment, Amin believes that all African countries can reduce their dependence on fossil fuels and leapfrog into a sustainable future.</p>
<p><em>Edited by </em><a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/"><em>Phil Harris</em></a><em>    </em></p>
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		<pubDate>Wed, 21 Jan 2015 21:42:41 +0000</pubDate>
		<dc:creator>Kenton X. Chance</dc:creator>
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		<description><![CDATA[When it comes to tourism in the 15-member Caribbean Community (CARICOM), The Bahamas &#8212; 700 islands sprinkled over 100,000 square miles of ocean starting just 50 miles off Florida &#8212; is a heavyweight. With a gross domestic product of eight billion dollars, the Bahamian economy is almost twice the size of Barbados, another of CARICOM’s [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/01/bahamas-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/01/bahamas-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/bahamas-629x420.jpg 629w, https://www.ipsnews.net/Library/2015/01/bahamas.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">The Bahamas is focusing on renewable energy as it tries to preserve gains in tourism. Credit: Kenton X. Chance/IPS</p></font></p><p>By Kenton X. Chance<br />ABU DHABI, Jan 21 2015 (IPS) </p><p>When it comes to tourism in the 15-member Caribbean Community (CARICOM), The Bahamas &#8212; 700 islands sprinkled over 100,000 square miles of ocean starting just 50 miles off Florida &#8212; is a heavyweight.<span id="more-138764"></span></p>
<p>With a gross domestic product of eight billion dollars, the Bahamian economy is almost twice the size of Barbados, another of CARICOM’s leading tourism destinations."Reducing our various countries’ dependence on fossil fuels, ramping up renewable energy, building more climate change resilience is incredibly important for us." -- Environment Minister Kenred M.A. Dorsett <br /><font size="1"></font></p>
<p>Visitors are invited to “imagine a world where you can’t tell where dreams begin and reality ends.”</p>
<p>However, in the country’s Ministry of the Environment, officials have woken up to a reality that could seriously undermine the gains made in tourism and elsewhere: renewable energy development.</p>
<p>In 2014, in a clear indication of its intention to address its poor renewable energy situation, The Bahamas joined the International Renewable Energy Agency (IRENA).</p>
<p>The Abu Dhabi-based intergovernmental organisation supports countries in their transition to a sustainable energy future. IRENA also serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.</p>
<p>The Bahamas has also advanced its first energy policy, launched in 2013, and has committed to ramping up to a minimum of 30 per cent by 2033 the amount of energy it generates from renewable sources.</p>
<p>“Currently, we are debating in Parliament an amendment to the Electricity Act to make provision for grid tie connection, therefore making net metering a reality using solar and wind technology,” Minister of Environment and Housing Kenred M.A. Dorsett told IPS on the sidelines of Abu Dhabi Sustainability Week (ADSW).</p>
<p>ADSW is a global forum that unites thought leaders, policy makers and investors to address the challenges of renewable energy and sustainable development. The week includes IRENA’s Fifth Assembly, the World Future Energy Summit, and the International Water Summit.</p>
<p>But Dorsett was especially interested in the IRENA assembly, which took place on Jan. 17 and 18.</p>
<p>At the assembly, ministers and senior officials from more than 150 countries met to discuss what IRENA has described as the urgent need and increased business case for rapid renewable energy expansion.</p>
<p>Dorsett came to Abu Dhabi with a rather short shopping list for both his country and the CARICOM region, and says he did not leave empty-handed.</p>
<p>“Our involvement in IRENA is important because the world over is concerned with standardisation of technology to ensure that our citizens are not taken advantage of in terms of the technology we import as we advance the renewable energy sector,” he told IPS.</p>
<p>“We certainly were able to engage IRENA in discussions with respect to what the Bahamas is doing, and our next steps and they have indicated to us that they will be able to assist us on the issue of standardisation,” Dorsett tells IPS.</p>
<div id="attachment_138765" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/01/kenred-dorsett.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138765" class="size-full wp-image-138765" src="https://www.ipsnews.net/Library/2015/01/kenred-dorsett.jpg" alt="Minister of the Environment and Housing in The Bahamas, Kenred Dorsett. Credit: Kenton X. Chance/IPS" width="640" height="427" srcset="https://www.ipsnews.net/Library/2015/01/kenred-dorsett.jpg 640w, https://www.ipsnews.net/Library/2015/01/kenred-dorsett-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/kenred-dorsett-629x420.jpg 629w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-138765" class="wp-caption-text">Minister of the Environment and Housing in The Bahamas, Kenred Dorsett. Credit: Kenton X. Chance/IPS</p></div>
<p>He says IRENA has developed a programme that looks at practical consideration for the implementation or ramping up of renewable energy, including assistance in developing regulations for ensuring that standards are maintained.</p>
<p>“So, I think from our perspective, it is clear to us that IRENA would be prepared to assist us on that particular issue, and I think that generally speaking, what I certainly found was that the meeting was very innovative, particularly in light of the fact that there was a lot of technical support for countries looking to implement or deploy renewable energy technologies,” he said of Bahamas-IRENA talks on the sidelines of the assembly.</p>
<p>Dorsett also wanted IRENA to devote some special attention to CARICOM, a group of 15 nations, mostly Caribbean islands, in addition to Belize, Guyana and Suriname.</p>
<p>At a side event &#8212; “Renewables in Latin America: Challenges and Opportunities” &#8212; ahead of the Assembly, there was no distinction between Caribbean and Latin American nations.</p>
<p>“… I think that’s very, very important for us as region, as we move to ensure that CARICOM itself is a region of focus for IRENA, that we are not consumed in the entire Latin America region and there is sufficient focus on us,” he told IPS ahead of the assembly.</p>
<p>Dorsett is now convinced that CARICOM positions will be represented as Trinidad and Tobago, another CARICOM member, and the Bahamas, have been elected to serve on IRENA Council in 2015 and 2016, respectively.</p>
<p>“We do know that deployment of renewable energy in our region is important, we are small island development states, we live in [low-lying areas] and sea level rise is a major issue for us in the Caribbean region.</p>
<p>“Therefore, reducing our various countries’ dependence on fossil fuels, ramping up renewable energy, building more climate change resilience is incredibly important for us,” he told IPS.</p>
<p>Meanwhile, Director-General of IRENA, Adnan Amin, said that his agency is “trying to develop a new type of institution for a new time&#8221;.</p>
<p>“We know that the islands’ challenges are very particular. We have developed a lot of expertise in doing that, and we know in a general sense the challenge they face is quite different from mainland Latin America,&#8221; Amin told IPS. “So we see them as logically separate entities in what kinds of strategies we will have.&#8221;</p>
<p>He says IRENA has been working in the Pacific islands &#8212; early members of the agency &#8212; and is moving into the Caribbean.</p>
<div id="attachment_138766" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/01/ADNAN.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138766" class="size-full wp-image-138766" src="https://www.ipsnews.net/Library/2015/01/ADNAN.jpg" alt="Adnan Amin, Director-General of the International Energy Agency, says the Caribbean has “particular” renewable energy considerations that are distinct from Latin America. Credit: Kenton X. Chance/IPS" width="640" height="427" srcset="https://www.ipsnews.net/Library/2015/01/ADNAN.jpg 640w, https://www.ipsnews.net/Library/2015/01/ADNAN-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/ADNAN-629x420.jpg 629w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-138766" class="wp-caption-text">Adnan Amin, Director-General of the International Energy Agency, says the Caribbean has “particular” renewable energy considerations that are distinct from Latin America. Credit: Kenton X. Chance/IPS</p></div>
<p>IRENA is already working in the Caribbean nations of Antigua and Barbuda, Barbados, Grenada, and Jamaica, and this year agreed to lend St. Vincent and the Grenadines 15 million dollars to help fund its 10-15 megawatt geothermal power plant, expected to come on stream by 2018.</p>
<p>Dorsett is also pleased that at the assembly the Bahamian delegation was able to get a briefing on the advances of technology that stores electricity generated from renewable sources.</p>
<p>“That also can prove to be very important for us as many Caribbean counties are faced with addressing the issue of grid stability,” he told IPS, adding that the ability to have storage that is “appropriately priced and that works efficiently” can help the Bahamas to exceed the average of 20 to 40 per cent of electricity generated by renewable sources by many countries.</p>
<p>The Bahamas woke up to the realities of its poor renewable energy situation in 2013 when Guilden Gilbert, head the country’s Renewable Energy Association, decried the nation for not doing enough to advance renewable energy generation.</p>
<p>The call came after the release of a report by Castalia-CREF Renewable Energy Islands Index for the Caribbean, which ranked the Bahamas 26 out of 27 countries in the region for its progress and prospects in relation to renewable energy investments.</p>
<p>The 2012 edition of the same report had ranked The Bahamas 21 out of the 22 countries on the list.</p>
<p>In the two years leading up to the announcement of the “National Energy Policy &amp; Grid Tie In Framework&#8221;, The Bahamas established an Energy Task Force responsible for advising on solutions to reducing the high cost of electricity in the country.</p>
<p>The government also eliminated tariffs on inverters for solar panels and LED appliances to ensure that more citizens would be able to afford these energy saving devices.</p>
<p>The government also advanced two pilot projects to collect data on renewable energy technologies. The first project provided for the installation of solar water heaters and the second project for the installation of photovoltaic systems in Bahamian homes.</p>
<p>Dorsett tells IPS that he thinks that it is “incredibly important” that CARICOM focuses on renewable energy generation.</p>
<p>“I think CARICOM, as a region, has to look at renewable energy sources to build a sustainable energy future for our region as well as to ensure that we build resilience as we address the issues of climate change,” he tells IPS.</p>
<p>However, in some CARICOM nations, there is a major hurdle that policy makers, such as Dorsett, will have to overcome before the bloc realises its full renewable energy potential.</p>
<p>“There are very special challenges in the Caribbean. For example, many of the utilities are foreign-owned and they negotiated 75-year-long, cast-iron guarantees on their existence,” Amin tells IPS.</p>
<p>“They were making money off diesel. They have no incentive to move to renewables, but we are moving ahead,” the IRENA chief says.</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at <a href="mailto:Kentonxtchance@gmail.com" target="_blank">Kentonxtchance@gmail.com</a></em></p>
<p><em>Follow him on Twitter @KentonXChance</em></p>
<div id='related_articles'>
 <h1 class="section">Related Articles</h1>
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<li><a href="http://www.ipsnews.net/2015/01/st-vincent-embarks-on-renewable-energy-path/" >St. Vincent Embarks on Renewable Energy Path</a></li>
<li><a href="http://www.ipsnews.net/2015/01/caribbean-youth-ready-to-lead-on-climate-issues/" >Caribbean Youth Ready to Lead on Climate Issues</a></li>
<li><a href="http://www.ipsnews.net/2015/01/island-states-throw-off-the-heavy-yoke-of-fossil-fuels/" >Island States Throw Off the Heavy Yoke of Fossil Fuels</a></li>



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		<title>Island States Throw Off the Heavy Yoke of Fossil Fuels</title>
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		<pubDate>Tue, 13 Jan 2015 21:55:41 +0000</pubDate>
		<dc:creator>Desmond Brown</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138625</guid>
		<description><![CDATA[The Caribbean nation of St. Kitts and Nevis, on a quest to become the world’s first sustainable island state, has taken a giant leap in its programme to cut energy costs. Last week, the government broke ground to construct the country’s second solar farm, and Prime Minister Dr. Denzil Douglas told IPS his administration is [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="199" src="https://www.ipsnews.net/Library/2015/01/nevis-wind-300x199.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/01/nevis-wind-300x199.jpg 300w, https://www.ipsnews.net/Library/2015/01/nevis-wind-629x418.jpg 629w, https://www.ipsnews.net/Library/2015/01/nevis-wind.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">In 2010, the 13-kilometre-long island of Nevis launched the first-ever wind farm to be commissioned in the OECS with a promise to provide jobs for islanders, a reliable supply of wind energy, cheaper electricity and a reduction in surcharge and the use of imported oils. Credit: Desmond Brown/IPS</p></font></p><p>By Desmond Brown<br />BASSETERRE, St. Kitts, Jan 13 2015 (IPS) </p><p>The Caribbean nation of St. Kitts and Nevis, on a quest to become the world’s first sustainable island state, has taken a giant leap in its programme to cut energy costs.<span id="more-138625"></span></p>
<p>Last week, the government broke ground to construct the country’s second solar farm, and Prime Minister Dr. Denzil Douglas told IPS his administration is “committed to free the country from the fossil fuel reliance” which has burdened so many nations for so very long.“This farm will reduce the amount of carbon dioxide that St. Kitts and Nevis pumps into the atmosphere. It will move forward our country’s determination to transform St. Kitts and Nevis into a green and sustainable nation." -- Prime Minister Dr. Denzil Douglas<br /><font size="1"></font></p>
<p>Douglas said the aim is “to harness the power of the sun – a power which nature has given to us in such great abundance in this very beautiful country, St. Kitts and Nevis.</p>
<p>“The energy generated will be infused into the national grid, and this will reduce SKELEC’s need for imported fossil fuels,” he said, referring to the state electricity provider.</p>
<p>“This farm will reduce the amount of carbon dioxide that St. Kitts and Nevis pumps into the atmosphere. It will move forward our country’s determination to transform St. Kitts and Nevis into a green and sustainable nation. It will reduce the cost of energy and it will reduce the cost of electricity for our consumers,” Douglas added.</p>
<p>Electricity costs more than 42.3 cents per KWh in St. Kitts and Nevis.</p>
<p>Construction of the second solar plant is being funded by the St. Kitts Electricity Corporation (SKELEC) and the Republic of China (Taiwan). SKELEC is assuming 45 percent of the cost and the Republic of China (Taiwan) 55 percent of the costs.</p>
<p>The first solar farm, commissioned in September 2013, generates electricity for the Robert L. Bradshaw International Airport.</p>
<p>Meanwhile, as environmental sustainability gains traction in the Caribbean, the executive director of the United Nations Environment Programme (UNEP), Achim Steiner, said the region is on the right track to better integrate environmental considerations into public policies.</p>
<p>“I think in some respects it is in the Caribbean that we are already seeing some very bold leadership,” Steiner told IPS.</p>
<p>“The minute countries start looking at the implications of environmental change on their future and the future of their economies, you begin to realise that if you don’t integrate environmental sustainability, you are essentially going to face, very often, higher risks and higher costs and perhaps the loss of assets.” He said such assets could include land, forests, coral reefs or fisheries.</p>
<div id="attachment_138627" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/01/achim.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138627" class="size-full wp-image-138627" src="https://www.ipsnews.net/Library/2015/01/achim.jpg" alt="Executive Director of the United Nations Environment Programme (UNEP), Achim Steiner. Credit: Desmond Brown/IPS" width="640" height="586" srcset="https://www.ipsnews.net/Library/2015/01/achim.jpg 640w, https://www.ipsnews.net/Library/2015/01/achim-300x275.jpg 300w, https://www.ipsnews.net/Library/2015/01/achim-515x472.jpg 515w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-138627" class="wp-caption-text">Executive Director of the United Nations Environment Programme (UNEP), Achim Steiner. Credit: Desmond Brown/IPS</p></div>
<p>Caribbean coral reefs have experienced drastic losses in the past several decades and this has been cited by numerous studies as the primary cause of ongoing declines of Caribbean fish populations. Fish use the structure of corals for shelter and they also contribute to coastal protection.</p>
<p>It has been estimated that fisheries associated with coral reefs in the Caribbean region are responsible for generating net annual revenues valued at or above 310 million dollars.</p>
<p>Continued degradation of the region’s few remaining coral reefs would diminish these net annual revenues by an estimated 95-140 million dollars annually from 2015. The subsequent decrease in dive tourism could also profoundly affect annual net tourism revenues.</p>
<p>Antigua and Barbuda’s Prime Minister Gaston Browne said his government will not be left behind in pursuit of a policy of reducing the carbon footprint by incorporating more renewable energy into the mix.</p>
<p>&#8220;Barbuda will become a green-energy island within a short period, as more modern green technology is installed there to generate all the electricity that Barbuda needs,” Browne, who’s Antigua Labour Party formed the government here in June 2014, told IPS.</p>
<p>“My government’s intention is to significantly reduce Antigua’s reliance on fossil fuels. A target of 20 percent reliance on green energy, in the first term of this administration, is being pursued vigorously.”</p>
<p>The International Renewable Energy Agency (IRENA) released a new report Monday which provides a plan to double the share of renewable energy in the world’s energy mix by 2030.</p>
<p>IRENA’s renewable energy roadmap, <a href="http://irena.org/remap/">REmap 2030</a>, also determines the potential for the U.S. and other countries to scale up renewable energy in the energy system, including power, industry, buildings, and the transport sector.</p>
<p>“This report adds to the growing chorus of studies that show the increasing cost competitiveness and potential of renewable energy in the U.S.,” said Dolf Gielen, director of IRENA’s Innovation and Technology Centre.</p>
<p>“Importantly, it shows the potential of renewables isn’t just limited to the power sector, but also has tremendous potential in the buildings, industry and transport sectors.”</p>
<p>Next week, efforts to scale up global renewable energy expansion will continue as government leaders from more than 150 countries and representatives from 110 international organisations gather in Abu Dhabi for IRENA’s fifth Assembly.</p>
<p>After spending the better part of 25 years trying to understand the threat of global warming, manifesting itself in greenhouse gas emissions and carbon dioxide emissions, the UNEP executive director said only slowly are we beginning to realise that in trying to address this threat we’re actually beginning to lay the tracks for what he calls “the 21st century economy” &#8211; which is more resource efficient, less polluting, and a driver for innovation and utilising the potential of technology.</p>
<p>“So you can take that track and say climate change is a threat or you can also say out of this threat arise a lot of actions that have multiple benefits,” Steiner said.</p>
<p>“We also have to realise that in a global economy where most countries today are faced with severe unemployment and, most tragically, youth unemployment, we need to start also looking at a transition towards a green economy as also an opportunity to make it a more inclusive green economy.”</p>
<p>Steiner said one of the core items that UNEP would like to see much more work on is a better understanding of how countries can reform their taxation system to send a signal to the economy that they want to drive businesses away from pollution and resource inefficiency.</p>
<p>At the same time, the UNEP boss wants countries to also address unemployment.</p>
<p>“So we need to reduce this strange phenomenon that we call income tax which makes labour as a factor of production ever more expensive,” Steiner said.</p>
<p>“So shifting from an income tax revenue base for governments towards a resource efficiency based income or revenue generating physical policy makes sense environmentally. It maintains the revenue base of governments and it also increases the incentive for people to find jobs again. It’s complex in one sense but very obvious in another sense.”</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at <a href="mailto:destinydlb@gmail.com">destinydlb@gmail.com</a></em></p>
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<li><a href="http://www.ipsnews.net/2014/10/st-vincents-takes-to-heart-hard-lessons-on-climate-change/" >St. Vincent Takes to Heart Hard Lessons on Climate Change</a></li>
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		<title>St. Vincent Embarks on Renewable Energy Path</title>
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		<pubDate>Mon, 12 Jan 2015 13:54:59 +0000</pubDate>
		<dc:creator>Kenton X. Chance</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138596</guid>
		<description><![CDATA[For decades, the fertile slopes of La Soufriere volcano, which occupies the northern third of this 344-kilometre-square island, has produced illegally grown marijuana that fuels the local underground economy, and the trade in that illicit drug across the eastern Caribbean. But now the 1,234-metre-high mountain, which last erupted in 1979, is now being explored for [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="200" src="https://www.ipsnews.net/Library/2015/01/solar-st-vincents-300x200.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2015/01/solar-st-vincents-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/solar-st-vincents-629x420.jpg 629w, https://www.ipsnews.net/Library/2015/01/solar-st-vincents.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">St. Vincent and the Grenadines has installed 750 kilowatt hours of photovoltaic panels, which it says reduced its carbon emissions by 800 tonnes annually. Credit: Kenton X. Chance/IPS</p></font></p><p>By Kenton X. Chance<br />KINGSTOWN, Jan 12 2015 (IPS) </p><p>For decades, the fertile slopes of La Soufriere volcano, which occupies the northern third of this 344-kilometre-square island, has produced illegally grown marijuana that fuels the local underground economy, and the trade in that illicit drug across the eastern Caribbean.<span id="more-138596"></span></p>
<p>But now the 1,234-metre-high mountain, which last erupted in 1979, is now being explored for something very different &#8212; its geothermal energy potential."Even if you have a lot of solar, you are still going to need the hydro and the geothermal and the diesel to carry the base." -- Prime Minister Ralph Gonsalves<br /><font size="1"></font></p>
<p>The Ralph Gonsalves government believes that geothermal energy will be a “game changer” for the local economy.</p>
<p>In this country, where tourism is the mainstay, the cost of electricity ranges from 40 to 50 cents per kilowatt-hour &#8212; several times what consumers pay in the United States.</p>
<p>Householders and manufacturers are hoping that the geothermal energy exploration, which has been underway for more than a year, will in fact produce the 10 to 15 megawatts of electricity that the country desperately needs to relieve its dependence on high-cost fossil fuels and give new life to the manufacturing and agro-processing sectors.</p>
<p>The geothermal energy exploration is a partnership between the Unity Labour Party government, the Icelandic Firm Reykjavik Geothermal Ltd., and Emera Inc., an international energy company with roots in Nova Scotia, Canada that also owns power stations in the Caribbean.</p>
<p>One year after the geothermal project was launched, Prime Minister Gonsalves, who will run for a fourth consecutive five-year term in elections this year, told Parliament in December that the geothermal power plant is on track for a 2017-2018 completion.</p>
<p>By June 2015, a technical report will be completed and well and plant site selection will be done, Gonsalves, who also holds the energy portfolio, told lawmakers.</p>
<p>“We are still on target. I have been advised by the Energy Unit. … Barring some extraordinary challenge which may arise, we should be having a production of 10 megawatts by the end of 2017,” Gonsalves told lawmakers.</p>
<div id="attachment_138598" style="width: 650px" class="wp-caption aligncenter"><a href="https://www.ipsnews.net/Library/2015/01/lasoufriere.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138598" class="size-full wp-image-138598" src="https://www.ipsnews.net/Library/2015/01/lasoufriere.jpg" alt="The slopes of St. Vincent’s La Soufriere volcano, long the home of illegally grown marijuana, are being explored for geothermal potential. Credit: Kenton X. Chance/IPS" width="640" height="427" srcset="https://www.ipsnews.net/Library/2015/01/lasoufriere.jpg 640w, https://www.ipsnews.net/Library/2015/01/lasoufriere-300x200.jpg 300w, https://www.ipsnews.net/Library/2015/01/lasoufriere-629x420.jpg 629w" sizes="auto, (max-width: 640px) 100vw, 640px" /></a><p id="caption-attachment-138598" class="wp-caption-text">The slopes of St. Vincent’s La Soufriere volcano, long the home of illegally grown marijuana, are being explored for geothermal potential. Credit: Kenton X. Chance/IPS</p></div>
<p>The “very low interest monies” that the prime minister says his government will receive shortly may have been a reference to his government’s application for a 15-million-dollar loan through the Abu Dhabi Fund for Development and the International Renewable Energy Agency (IRENA).</p>
<p>The successful applicants will be announced at the Fifth Session of the IRENA Assembly, slated for Jan. 17-18 in Abu Dhabi, which Gonsalves will attend.</p>
<p>Putting the loan application of St. Vincent and the Grenadines into context, Gonsalves told IPS, “There are about 80 applications from which they are choosing eight, and the total sum would be 60 million [dollars] overall … which they will lend in this particular year.”</p>
<p>Notwithstanding falling oil prices recently, Gonsalves is still convinced that renewable energy is the way to go for St. Vincent and the Grenadines.</p>
<p>“In days gone by, when diesel was 15 dollars or less per barrel, there was no real urgency to address the other forms of energy,” he tells IPS.</p>
<p>One-quarter of the 20 megawatts of electricity generated during peak demand in this multi-island nation comes from the country’s three hydropower plants. The remaining 15 megawatts is generated by diesel, 70 million dollars worth of which was imported in 2013 for electricity generation.</p>
<p>&#8220;We want to make the hydro plants more efficient … and we want to do solar, and we are doing solar, and we want to do geothermal,” Gonsalves tells IPS, adding that geothermal energy can carry a base load of 98 per cent of the country’s energy needs, whereas solar could possibly generate 20 per cent &#8212; or higher with improved technology.</p>
<p>“So, even if you have a lot of solar, you are still going to need the hydro and the geothermal and the diesel to carry the base,” he tells IPS, adding that the country has a good geothermal source.</p>
<p>Among those who are hoping that the geothermal power plant becomes a reality sooner than later is 52-year-old furniture manufacturer Montgomery Dyer, who lives in Spring Village, a community in North Leeward, the district in northwestern St. Vincent, where the volcano is partly located.</p>
<p>Dyer tells IPS that he is excited about the prospects of lower electricity bills, as the cost of energy represents some 10 per cent of the production cost at his business, which employs 28 persons.</p>
<p>“The cost of energy in St. Vincent is very high. In any way we can reduce the cost of energy, the production cost will go down,” he tells IPS, adding that a spinoff effect would be increased competitiveness.</p>
<p>“We will be in a better position to compete, simple as that,” he says, even as he notes that the relatively high labour cost is also a challenge.</p>
<p>Dyer pays some 1,100 dollars for electricity each month, a substantial amount that would be even higher had he not taken steps to reduce electricity consumption at the factory.</p>
<p>“The factory is a mechanised factory, so everything [runs on] power. We try to use machines with smaller motors, and machines that rely on pneumatics. In any case, the compressor has to generate the air to power the machines where pneumatics are required,” he explained.</p>
<p>Outside of geothermal and hydropower, St. Vincent and the Grenadines is already taking steps to cash in on the warm tropical sunshine that bathes the nation almost year-round.</p>
<p>The country has some 750 kilowatt hours of photovoltaic installations, including a 10 kilowatt-hour installation on the Financial Complex &#8212; which houses the Office of the Prime Minister &#8212; that has seen the cooling cost at that building slashed by some 20 per cent.</p>
<p>Most of the solar installations are owned by the state electricity company, St. Vincent Electricity Services Ltd. (VINLEC), which has a legal monopoly on the commercial generation and distribution of electricity.</p>
<p>VINLEC has 557 kilowatt-hours of solar photovoltaic panels at its Cane Hall Power Plants, east of Kingstown, and another in Lowmans Bay, west of the capital, where another diesel power plant is also located.</p>
<p>The state-owned company has invested one million dollars in the panels, but the impact on the size of consumer’s electricity bill is expected to be negligible &#8212; a few cents annually.</p>
<p>All of the solar panels installed across the country, however, are expected to reduce by 800 tonnes annually the amount of greenhouse gases that St. Vincent and the Grenadines emits into the atmosphere.</p>
<p>“Now, 800 tonnes is not a significant number in global terms, but what it points to is that we are making our contribution as a small island developing state, and it is in that context of the geothermal that this visit arises,” Prime Minister Gonsalves says.</p>
<p>Greenhouse gases are a primary driver of climate change, which has resulted in several &#8212; sometimes unseasonal &#8212; severe weather events in St. Vincent and the Grenadines over the past few years.</p>
<p>These include a trough system on Christmas Eve 2013 that claimed 12 lives, and left loss and damages of 122 million dollars, or 17 per cent of the gross domestic product, according to government estimates.</p>
<p>Furniture manufacturer Dyer lost 445,000 dollars as a result of that trough system and had to borrow “hundreds of thousands of dollars” from commercial banks to restart his business some months later.</p>
<p>“It destroyed the factory,” he told IPS. “The water came through the factory &#8212; created a river in on section of the factory. It washed out everything on one side and deposited about 50 truckloads of stone, sand, and debris in the factory.</p>
<p>“It left the machines under about two feet of mud and silt,&#8221; he said. “It was crippling.</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at <a href="mailto:Kentonxtchance@gmail.com" target="_blank">Kentonxtchance@gmail.com</a></em></p>
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		<title>Renewable Energy: The Untold Story of an African Revolution</title>
		<link>https://www.ipsnews.net/2014/12/renewable-energy-the-untold-story-of-an-african-revolution/</link>
		<comments>https://www.ipsnews.net/2014/12/renewable-energy-the-untold-story-of-an-african-revolution/#comments</comments>
		<pubDate>Sat, 13 Dec 2014 09:32:55 +0000</pubDate>
		<dc:creator>Wambi Michael</dc:creator>
				<category><![CDATA[Africa]]></category>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138251</guid>
		<description><![CDATA[Africa is experiencing a revolution towards cleaner energy through renewable energy but the story has hardly been told to the world, says Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP). Steiner, who had been advocating for renewable energy at the U.N. Climate Change Conference in Lima, said Africa is on the right [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p>By Wambi Michael<br />LIMA, Dec 13 2014 (IPS) </p><p>Africa is experiencing a revolution towards cleaner energy through renewable energy but the story has hardly been told to the world, says Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP).<span id="more-138251"></span></p>
<p>Steiner, who had been advocating for renewable energy at the U.N. Climate Change Conference in Lima, said Africa is on the right path toward a low carbon footprint by tapping into its plentiful renewable resources – hydro, geothermal, solar and wind.</p>
<div id="attachment_138261" style="width: 310px" class="wp-caption alignleft"><a href="https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138261" class="size-medium wp-image-138261" src="https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael-300x168.jpg" alt="Achim Steiner, UNEP Executive Director. Credit: Wambi Michael/IPS" width="300" height="168" srcset="https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael-300x168.jpg 300w, https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael-1024x575.jpg 1024w, https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael-629x353.jpg 629w, https://www.ipsnews.net/Library/2014/12/Achim-Steiner-UNEP-Executive-Director.-Credit-Wambi-Michael-900x505.jpg 900w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p id="caption-attachment-138261" class="wp-caption-text">Achim Steiner, UNEP Executive Director. Credit: Wambi Michael/IPS</p></div>
<p>“There is a revolution going on in the continent of Africa and the world is not noticing it. You can go to Egypt, Ethiopia Kenya, Namibia, and Mozambique. I think we will see renewable energy being the answer to Africa’s energy problems in the next fifteen years,” Steiner said in an interview with IPS.</p>
<p>Sharing the example of the UNEP headquarters in Nairobi, Kenya, Steiner told IPS that the decision was taken that “if UNEP is going to be centred with its offices in the African continent on the Equator, there can be reason why we are not using renewable energy. So we installed photovoltaic panels on our roof which we share with UN Habitat, 1200 people, and we produce 750,000 kilowatt hours of electricity every year, that is enough for the entire building to operate.”</p>
<p>He noted that although it will take UNEP between eight and 10 years to pay off the installation, UNEP will have over 13 years of electricity without paying monthly or annual power bills. “It is the best business proposition that a U.N. body has ever made in terms of paying for electricity for a building,” he said.</p>
<p>According to Steiner, the “revolution” is already happening in East Africa, especially in Kenya and Ethiopia which are both targeting renewable energy, especially geothermal energy.</p>
<p>“Kenya plans to triple its electricity generation up to about 6000 megawatts in the next five years. More than 90 percent of the planned power is to come from geothermal, solar and wind power,” he said. “If you are in Africa and decide to exploit your wind, solar and geothermal resources, you will get yourself freedom from the global energy markets, and you will connect the majority of your people without waiting for thirty years until the power lines cross every corner of the country” – Achim Steiner, UNEP Executive Director<br /><font size="1"></font></p>
<p>Kenya currently runs a geothermal power development corporation which invites tenders from private investors bid and is establishing a wind power firm likely to be the largest in Africa with a capacity of 350 megawatts of power under a public-private partnership.</p>
<p>In Ethiopia, expansion of the Aluto-Langano geothermal power plant will increase geothermal generation capacity from the current 7 MW to 70 MW. The expansion project is being financed by the Ethiopian government (10 million dollars), a 12 million dollar grant from the Government of Japan, and a 13 million dollar loan from the World Bank.</p>
<p><strong>Renewable energy has costs but also benefits</strong></p>
<p>Phillip Hauser, Vice President of GDF Suez Energy Latin America, told IPS that geothermal power is a good option for countries in Africa with that potential, but it comes with risks.</p>
<p>“It is very site-dependent. There can be geothermal projects that are relatively cost efficient and there are others that are relatively expensive. It is a bit like the oil and gas industry. You have to find the resource and you have to develop the resource. Sometimes you might drill and you don’t find anything – that is lost investment,” Hauser told IPS.</p>
<p>Steiner admitted that like any other investment, renewable energy has some limitations, including the need for upfront initial capital and the cost of technology, but he said that countries with good renewable energy policies would attract the necessary private investments.</p>
<p>“We are moving in a direction where Africa will not have to live in a global fuel market in which one day you have to pay 120 dollars for a barrel of crude oil, then the next day you get it at 80 dollars and before you know it, it is doubled,” he said.</p>
<p>“So if you are in Africa and decide to exploit your wind, solar and geothermal resources, you will get yourself freedom from the global energy markets, and you will connect the majority of your people without waiting for thirty years until the power lines cross every corner of the country,”Steiner added.</p>
<p>A recent assessment by the International Renewable Energy Agency (IRENA) of Africa’s renewable energy future found that solar and wind power potential existed in at least 21 countries, and biomass power potential in at least 14 countries.</p>
<p>The agency, which supports countries in their transition to a sustainable energy future, has yet to provide a list of countries with geothermal power potential but almost all the countries around the Great Rift Valley in south-eastern Africa – Uganda, Ethiopia, Kenya and Tanzania among others – have already identified geothermal sites, with Kenya being the first to use a geothermal site to add power to its grid.</p>
<div id="attachment_138260" style="width: 310px" class="wp-caption alignleft"><a href="https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138260" class="size-medium wp-image-138260" src="https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael-300x264.jpg" alt="Adnan Amin, Director-General of the International Renewable Energy Agency (IRENA). Credit: Wambi Michael/IPS" width="300" height="264" srcset="https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael-300x264.jpg 300w, https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael-1024x902.jpg 1024w, https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael-535x472.jpg 535w, https://www.ipsnews.net/Library/2014/12/Adnan-Amin-IRENA-Director-General-Credit-Wambi-Michael-900x793.jpg 900w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p id="caption-attachment-138260" class="wp-caption-text">Adnan Amin, Director-General of the International Renewable Energy Agency (IRENA). Credit: Wambi Michael/IPS</p></div>
<p>IRENA Director-General Adnan Z. Amin told IPS that the agency’s studies shows that not only can renewable energy meet the world’s rising demand, but it can do so more cheaply, while contributing to limiting global warming to under 2 degrees Celsius – the widely-cited tipping point in the climate change debate.</p>
<p>He said the good news in Africa is that apart from the resources that exist, there is a growing body of knowledge across African expert institutions that would help the continent to exploit its virgin renewable energy potential.</p>
<p>What is needed now, he explained, is for countries in Africa to develop the economic case for those resources supported by targeted government policies to help developers and financiers get projects off the ground.</p>
<p>The IRENA assessment found that in 2010, African countries imported 18 billion dollars’ worth of oil – more than the entire amount they received in foreign aid – while oil subsidies in Africa cost an estimated 50 billion dollars every year.</p>
<p><strong>New financing models for renewable energy</strong></p>
<p>According to Amin, renewable energy technologies are now the most economical solution for off-grid and mini-grid electrification in remote areas, as well as for grid extension in some cases of centralised grid supply.</p>
<p>He argued that rapid technological progress, combined with falling costs, a better understanding of financial risk and a growing appreciation of wider benefits mean that renewable energy would increasingly be the solution to Africa’s energy problem.</p>
<p>In this context, Africa could take on new financing models that “de-risk” investments in order to lower the cost of capital, which has historically been a major barrier to investment in renewable energy, and one such model would include encouragement for green bonds.</p>
<p>“Green bonds are the recent innovation for renewable energy investments,” said Amin. “Last year we reached about 14 billion dollars, this year there is an estimate of about 40 billion, and next year there is an estimate of about 100 billion dollars in green finance through green bonds. Why doesn’t Africa take advantage of those?” he asked.</p>
<p>During the conference in Lima, activist groups have been urging an end to dependence on fossil fuel- and nuclear-powered energy systems, calling for investment and policies geared toward building clean, sustainable, community-based energy solutions.</p>
<p>&#8220;We urgently need to decrease our energy consumption and push for a just transition to community-controlled renewable energy if we are to avoid devastating climate change,&#8221; said Susann Scherbarth, a climate justice and energy campaigner with Friends of the Earth Europe.</p>
<p>Godwin Ojo, Executive Director of Friends of the Earth Nigeria, told IPS that &#8220;we urgently need a transition to clean energy in developing countries and one of the best incentives is globally funded feed-in tariffs for renewable energy.&#8221;</p>
<p>He said policies that support feed-in tariffs and decentralized power sources should be embraced by both the most- and the least-developed nations.</p>
<p>Backed by a new <a href="http://www.whatnext.org/resources/Publications/Energy/White-Back-Page.pdf">discussion paper</a> on a ‘global renewable energy support programme’ from the <a href="http://www.whatnext.org/">What Next Forum</a>, activists called for decentralised energy systems – including small-scale wind, solar, biomass mini-grids communities that are not necessarily connected to a national electricity transmission grid.</p>
<p>(Edited by <a href="http://www.ips.org/institutional/our-global-structure/biographies/phil-harris/">Phil Harris</a>)</p>
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		<title>The Rapid Rise of Green Bonds</title>
		<link>https://www.ipsnews.net/2014/12/the-rapid-rise-of-green-bonds/</link>
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		<pubDate>Wed, 10 Dec 2014 18:54:35 +0000</pubDate>
		<dc:creator>Desmond Brown</dc:creator>
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		<guid isPermaLink="false">http://www.ipsnews.net/?p=138209</guid>
		<description><![CDATA[Most countries joining the growing list of nations pursuing clean geothermal power have been confronted with a huge financial challenge. But the director-general of the International Renewable Energy Agency (IRENA), Adnan Z. Amin, said efforts by his organisation to “double renewable energy” and encourage investors have been paying off, including a new effort to promote [&#8230;]]]></description>
		
			<content:encoded><![CDATA[<p><font color="#999999"><img width="300" height="199" src="https://www.ipsnews.net/Library/2014/12/10317258064_dc22047e2a_z-300x199.jpg" class="attachment-medium size-medium wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.ipsnews.net/Library/2014/12/10317258064_dc22047e2a_z-300x199.jpg 300w, https://www.ipsnews.net/Library/2014/12/10317258064_dc22047e2a_z-629x417.jpg 629w, https://www.ipsnews.net/Library/2014/12/10317258064_dc22047e2a_z.jpg 640w" sizes="auto, (max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">Hellisheiðarvirkjun is the second largest geothermal power station in the world. Iceland is a leader in geothermal energy, but other countries are starting to follow suit. Credit: Jesús Rodríguez Fernández/cc by 2.0</p></font></p><p>By Desmond Brown<br />LIMA, Dec 10 2014 (IPS) </p><p>Most countries joining the growing list of nations pursuing clean geothermal power have been confronted with a huge financial challenge.<span id="more-138209"></span></p>
<p>But the director-general of the International Renewable Energy Agency (IRENA), Adnan Z. Amin, said efforts by his organisation to “double renewable energy” and encourage investors have been paying off, including a new effort to promote geothermal in Latin America.</p>
<div id="attachment_138210" style="width: 368px" class="wp-caption alignleft"><a href="https://www.ipsnews.net/Library/2014/12/ADNAN-cropped.jpg"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-138210" class="size-full wp-image-138210" src="https://www.ipsnews.net/Library/2014/12/ADNAN-cropped.jpg" alt="Director-General of the International Renewable Energy Agency (IRENA), Adnan Z. Amin. Credit: Desmond Brown/IPS" width="358" height="422" srcset="https://www.ipsnews.net/Library/2014/12/ADNAN-cropped.jpg 358w, https://www.ipsnews.net/Library/2014/12/ADNAN-cropped-254x300.jpg 254w" sizes="auto, (max-width: 358px) 100vw, 358px" /></a><p id="caption-attachment-138210" class="wp-caption-text">Director-General of the International Renewable Energy Agency (IRENA), Adnan Z. Amin. Credit: Desmond Brown/IPS</p></div>
<p>“We have new financing models that are de-risking investment and lowering the cost of capital, which has historically been a barrier to renewable energy,” Amin told IPS, citing financing through green bonds as one recent innovation for renewable energy investment.</p>
<p>Amin said green bonds reached 14 billion dollars last year and are estimated to reach 40 billion dollars in 2014 and up to 100 billion dollars next year.</p>
<p>“This is changing the expectations of the traditional model of investment where it was always the expectation that developing countries would be asking for multilateral cheap financing to develop their energy sectors,” Amin said.</p>
<p>“That’s no longer true. What is true is that the business case for renewable energy in many of these countries is now fully established, sources of financing are coming on stream and ambitious efforts to reform the legislative and policy framework are taking place, which are opening the market for renewables.”</p>
<p>The proposal for an international agency dedicated to renewable energy was made in 1981 at the United Nations Conference on New and Renewable Sources of Energy in Nairobi."The business case for renewable energy in many [developing] countries is now fully established, sources of financing are coming on stream and ambitious efforts to reform the legislative and policy framework are taking place, which are opening the market for renewables.” -- IRENA chief Adnan Z. Amin<br /><font size="1"></font></p>
<p>IRENA was officially founded in Bonn on Jan. 26, 2009. This was a significant milestone for world renewable energy deployment and a clear sign that the global energy paradigm was changing as a result of the growing commitments from governments.</p>
<p>“The reason that we are much more integrated in the climate discussion now is because energy is going to be a large part of the solution to carbon emissions in the future,” Amin said.</p>
<p>“We know that the current energy system accounts for 80 percent of the global carbon emissions. Just power generation by itself accounts for 40 percent of carbon emissions and we’re living in a dramatically changing world.”</p>
<p>IRENA has set 2030, when the planet will be home to eight billion people, as its reference point for full rollout of renewable energy.</p>
<p>“These eight billion people will demand about 60 percent more energy than we currently have available and at the current rate of emissions if nothing else happens, we will reach the 450 part per million tipping point [of CO2 in the atmosphere] beyond which catastrophic climate change is likely to occur in 2040,&#8221; Amin said.</p>
<p>“So we have this small window of opportunity to make serious efforts to control emissions that come from energy systems.”</p>
<p>A new programme designed to support the development of geothermal energy in the Latin American region was launched here Tuesday on the sidelines of the U.N. Climate Change Conference.</p>
<p>Peru’s involvement in the Geothermal Development Facility is part of its plan to achieve 60 percent of its electricity from renewable sources by 2025.</p>
<p>Earlier this year, the Peruvian Government and IRENA cooperated on a renewable energy readiness assessment for the country. The assessment identifies actions needed to further expand the share of renewable energy in Peru, as well as how to better complement rural electrification and improve on-going efforts to support the development of bio fuel in the country.</p>
<p>The assessment determined that Peru’s vast, untapped renewable energy resources could play a key role in securing the necessary energy to fuel economic expansion while preserving the environment. It also highlights the need to prepare for renewable energy integration in transmission-grid expansion plans, particularly so that variable sources like solar and wind power can meet future electricity demand.</p>
<p>With the current share of renewable energy in the global electricity mix at 18 percent, IRENA hopes to see this doubled by 2030.</p>
<p>But an analysis of the plans on the table by all the major companies in the world to see what their current trajectory of renewable investment and decarbonisation is going to be found that they would be on “a business as usual scenario” with only a three percent increase to 21 percent by the end of 2030.</p>
<p>Amin has met with U.N. climate chief Christiana Figueres to discuss the key role of renewables in addressing climate change.</p>
<p>During their talks it was noted that more than 80 percent of human-caused CO2 emissions come from burning fossil fuels for energy. Of that, 44 percent comes from coal, 36 percent from oil and 20 percent from natural gas.</p>
<p>“As such, energy must be our priority in bringing down global CO2 emissions,” Amin said.</p>
<p>Ryan Gilchrist, assistant director of business development at UGE International, a renewables firm, said Caribbean countries could turn around their struggling economies by pursuing clean energy.</p>
<p>“Most Caribbean countries are currently relying on imported diesel for power, which is expensive, price-volatile, and produces CO2 emissions that contribute to climate change,” Gilchrist told IPS.</p>
<p>“Solar energy can solve these challenges in the Caribbean, providing a cleaner and cheaper alternative. Caribbean islands are particularly threatened by climate change and rising sea levels, but at the same time, they have much to gain, as they have abundant solar and wind resources that can provide clean sources of energy.”</p>
<p>UGE International provides renewable energy solutions for businesses and governments in 90 countries.</p>
<p>Gilchrist said that the high cost for energy on islands, coupled with the falling cost of solar technology, means that renewable energy is already cost-competitive in most Caribbean countries. And he agrees that there are a number of financing mechanisms that eliminate the upfront cost of the technology, creating energy savings from day one.</p>
<p>Meanwhile, an Atlanta-based syndicated columnist, who has written extensively on geothermal in the Caribbean, said geothermal energy could be linked to the United Nations Millennium Development Goals, as a positive factor in fighting poverty in small island states and energy security.</p>
<p>“Geothermal energy can be the prospective to address economic development, climate change mitigation, and stipulation of affordable energy,” Rebecca Theodore told IPS.</p>
<p><em>Edited by Kitty Stapp</em></p>
<p><em>The writer can be contacted at <a style="font-weight: inherit; font-style: inherit; color: #6d90a8;" href="mailto:destinydlb@gmail.com">destinydlb@gmail.com</a></em></p>
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