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THE NATIONAL ENERGY POLICY OF GRENADA

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Message From Hon. Tillman Thomas Prime Minister of Grenada MINISTER FOR NATIONAL SECURITY, PUBLIC ADMINISTRATION, INFORMATION, INFORMATION COMMUNI- CATION TECHNOLOGY & NATIONAL MOBILIZATION GRENADA LIKE MANY OTHER DEVELOPING SMALL ISLAND STATES HAS NOW formulated an ambitious National Energy Policy (NEP). This Policy is very urgent and timely now that the global energy market is again vulnerable to the high volatility of oil prices. Soaring prices for petroleum and petroleum-related products as a result of the variable weather patterns in Europe and North America, the forecasted rising demand for these commodities in the manufacturing sectors in the USA, Europe and the BRIC nations, renewed concerns over nuclear safety after the Fukushima incident, as well as the political instability of oil producing and oil exporting countries in North Africa and the Middle East warrant that Grenada needs to provide suitable options in transitioning to a low carbon economy based on the utilization of its indigenous alternative sources of energy. The efficient use of energy must also be considered a priority as Grenada seeks to solve its energy access problem. The Grenada National Energy Policy is the guideline and roadmap to the development of a healthy Energy Mix in Grenada and hence a step forward in resolving energy poverty which critically acts as a barrier to the achievement of the Millennium Development Goals (MDGs). The principles, objectives and strategies for a sustainable energy policy are defined by measures, which aim at obtaining energy security, energy independence, energy efficiency and green energy among other immediate energy issues. These all will serve to achieve the objective of limiting the environmental health impacts of energy usage. Thus a 20% reduction in green house gas emissions from fossil fuel combustion by 2020 will be a measurable goal. To meet the goals and objectives of the Grenada National Energy Policy (GNEP), it will be imperative to address institutional and regulatory issues by building and managing our human resources and by establishing sound legislation. The steps undertaken to resolve our maritime boundary with Trinidad and Tobago and other neighbouring countries and the creation of legislation and regulations to govern the exploration for and exploitation of offshore hydrocarbons and onshore geothermal resources are ranked as top priorities. The Government of Grenada understands that the promotion of our indigenous renewable energy potential (geothermal, wind, solar, waste to energy) is imperative so that by 2020 at least twenty percent (20%) of all domestic energy usage should be based on renewable energy sources. Further, emphasis on energy efficiency and conservation in all sectors of the economy is highly anticipated. The people of Grenada are greatly indebted to the numerous individuals from private business sectors, public sectors, NGOs and external agencies that have all contributed to the drafting of this policy. We are also grateful for the continued assistance provided by international organizations and by our development partners as we now seek to implement this ambitious policy. Hon. Tillman Thomas Prime Minister

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