Current Barriers to Renewable Energy Development In Trinidad and Tobago
Abstract
The Republic of Trinidad and Tobago is a two island country lo-
cated in the southernmost part of the Caribbean, just 11 km off the coast
of Venezuela. The economy is essentially hydrocarbon based with the
energy industry contributing approximately 45% of the country’s gross
domestic product (GDP). However, this tropical country faces a number
of challenges. These include suppressed oil and natural gas prices, fall-
ing hydrocarbon production, and gas curtailment in its petrochemical
sector. The latest Ryder Scott hydrocarbon audit indicated that the coun-
try has proven natural gas reserves to last to only 2019. It is imperative
that the country diversifies its economy including its power sector. This
article discusses the primary barriers to renewable energy (RE) develop-
ment and implementation in Trinidad and Tobago. It also identifies the
hurdles the country must overcome in order to formulate a sustainable
strategy to deal with these problems in the context of renewable energy,
energy efficiency and greenhouse gas emissions reductions.
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