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JULY 2004 Page2 THE GSEII STRATEGY To accelerate the transition of AOSIS mem- ber nations toward cleaner, more sustainable energy use, the GSEII Consortium employs the following approach to both broaden and deepen sustainable energy development ac- tivities: • Work with partner countries on the develop- ment and implementation of Sustainable Energy Plans, with quantifiable targets and timetables • Identify and mitigate policy, financing, tech- nical and institutional obstacles and bring about changes in the marketplace that will enhance the viability, profile and replicability of clean energy projects. • Work with utilities to enhance their capacity for renewable energy planning • • • and help transform these utilities from diesel based generation to renewable energy systems. Catalyze private investment in renew- able energy (biomass, geothermal, hy- dropower, photovoltaics, solar thermal and wind technologies) and energy effi- ciency opportunities. Build and strengthen local capacity at national and regional levels to continue to develop and implement sustainable energy options and approaches. Demonstrate that energy can be used as a tool for sustainable development and poverty reduction, thereby contrib- uting to attainment of the Millennium Development Goals. EXPECTED OUTCOMES OF THE 5 YEAR SUSTAINABLE ENERGY PLAN The GSEII has developed an ambitious 5 year plan to assist several SIDS that are members of the Alliance of Small Islands States (AOSIS) in achieving energy inde- pendence and serve as successful models for the rest of the world. It is expected that the following outcomes will be achieved as a result of implementing the GSEII strate- gies and plans from 2003-2008. • Approved National Sustainable Energy Action Plans (SEP) by over 12 SIDS. • Enhanced capacity for national energy planning and RE/EE policy implementa- tion. • Commitment and/or leverage of $100 million in investment in RE/EE projects and enterprises. • Initiation of energy efficient projects in the Government facilities, commercial, residential and industrial sectors, espe- cially in the hotels and tourism industry. • Initiation of 15 new projects in the AOSIS member nations, and plans for at least 100 MW of clean energy projects (new renewable energy projects or equiva- lent savings through efficiency meas- ures) facilitated with corresponding GHG emissions reductions. • Enhanced capacity for renewable en- ergy and efficiency at regional level and among all 43 members of the AOSIS. • Catalyzing the interest of other bigger nations to follow the SIDS example. GSEII WORK WITH GEOTHERMAL ENERGY SOURCES The Unit for Sustainable Development and Environment (USDE) of the Organization of American States (OAS) is executing a Global Environment Facility (GEF) project to support geothermal energy development in the Eastern Caribbean. The Eastern Caribbean Geothermal Development Pro- ject (Geo-Caraïbes) seeks to catalyze com- mercial geothermal energy projects in St. Lucia, Dominica, and St. Kitts and Nevis with the expectation that regional power independence will contribute significantly to the economic and environmental sustain- ability in the region. Geo-Caraïbes will achieve this goal by sup- Geothermal Energy Drilling Risk Fund porting market reforms that improve the mar- • Organize a process to attract/negotiate ket conditions for geothermal power in these countries, including: • Establishing a transparent pro-active and commercially sound geothermal policy and legal environment • Furthering geothermal resource/technical studies for commercial investment pre- selection • Conducting the technical evaluation and establishing the institutional arrangements for the export of geothermal power to Mar- tinique and/or Guadeloupe • Creating a US$10M Eastern Caribbean with world class geothermal project developers to invest in projects It is expected that a large quantity of geo- thermal energy capacity (60-120MW) will be developed, and that the resulting power will offer the host countries a low cost power solution, while generating substantial income as an export to Mar- tinique and/or Guadeloupe, via subma- rine electricity transmission cables.PDF Image | THE GLOBAL SUSTAINABLE ENERGY ISLANDS INITIATIVE (GSEII
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