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Government Initiatives to promote Energy Efficiency and Renewable Energy in Trinidad and Tobago: Lessons from the Australian Experience
Kathryn Sara Siriram BSc (Geol), MSci (Geol)
Project submitted in partial fulfilment of the requirements for the degree of MSc (Energy and Resources), UCL School of Energy and Resources, Australia.
Increasing energy efficiency, raising public awareness and education are the most practical, readily implementable and least costly approaches to developing a renewable energy industry in Trinidad and Tobago.
The Trinidad and Tobago Government has committed to fully developing the country’s renewable resources in its Renewable Energy Policy Framework and recognises the supporting role of energy efficiency in pursuing a sustainable development path. Trinidad and Tobago should ideally be able to overcome challenges involved in developing a successful renewable energy industry stemming from past experience in growing its petroleum sector. However, no significant progress has been made due to local barriers and Trinidad and Tobago is struggling to determine how to develop its local renewable industry.
Trinidad and Tobago’s petroleum resources are the country’s principal drivers of economic growth and development and will continue to play a major role in the foreseeable future. Power generation, industrial activity and transport are largely reliant on these resources. Growing local demand has led to considering renewable energy, energy efficiency measures and alternative transport fuels.
My research looked at how Australia has created a prosperous renewable energy market through the implementation of numerous renewable, energy efficiency and carbon abatement policy measures and instruments. There are lessons for Trinidad and Tobago in designing its own strategies to advance the local renewable industry by analysing reasons for the successes and failures of these various Australian initiatives.