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Tag: Inter-American Development Bank

SolarBuzz Jamaica > Blog Classic > Inter-American Development Bank
Electricity Government News

$360 Million Provided for Energy Efficiency Projects

May 3, 2013

 

altMinister of Finance and Planning, Dr. the Hon Peter Phillips (right), in discussion with Minister of Transport, Works and Housing, Dr. the Hon. Omar Davies, before he closed the 2013/ 2014 Budget Debate in the House of Representatives on May 1.

The Government, through the Development of Bank of Jamaica (DBJ), has made some $360 million in loans available for the implementation of energy efficiency and renewable energy projects across various sectors.

 

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, in closing the 2013/2014 Budget Debate on Thursday, May 1, in the House of Representatives, informed that residential customers can access up to $3 million.

The loans are available through financial institutions at an interest rate of 9.5 per cent and the money is repayable over eight years.

Electricity Government News

Energy-Bill Reduction Falls Short Of Target

May 3, 2013

Students at Hammersmith Preparatory School in Trelawny perform during the official opening of the institution last week. More than 70 children are enrolled at the school. - CONTRIBUTED
Students at Hammersmith Preparatory School in Trelawny perform during the official opening of the institution last week. More than 70 children are enrolled at the school. – CONTRIBUTED

Daraine Luton, Senior Staff Reporter

THE TARGETED reduction of the consumption of energy within the public sector last year failed to meet the announced objective, falling short by two thirds.

Energy Minister Phillip Paulwell told

Electricity Government News

Energy-Bill Reduction Falls Short Of Target

May 3, 2013

Students at Hammersmith Preparatory School in Trelawny perform during the official opening of the institution last week. More than 70 children are enrolled at the school. - CONTRIBUTED
Students at Hammersmith Preparatory School in Trelawny perform during the official opening of the institution last week. More than 70 children are enrolled at the school. – CONTRIBUTED

Daraine Luton, Senior Staff Reporter

THE TARGETED reduction of the consumption of energy within the public sector last year failed to meet the announced objective, falling short by two thirds.

Energy Minister Phillip Paulwell told

Electricity Government JPS

Work to Begin on 360-Megawatt Capacity Plant This Year

April 8, 2013

 

altGovernor General, His Excellency the Most Hon. Sir Patrick Allen inspects the guard of honour before delivering the 2013/14 Throne Speech during the State Opening of Parliament held on Thursday, April 4, at Gordon House.

Governor General, His Excellency the Most Hon. Sir Patrick Allen, says the much anticipated construction of a 360-megawatt electricity capacity plant will commence this calendar year.

 

The Governor General, who was delivering the Throne Speech to mark the opening of the 2013/14 Parliamentary Year at Gordon House on Thursday morning, April 4, said the new facility will replace

Government News

Behavioural Changes Critical to Reduce Energy Usage – Minister Paulwell

April 2, 2013

 

altMinister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell (left), addressing the energy efficiency and conservation workshop for the Ministry and its agencies at the Jamaica Conference Centre in downtown Kingston, on March 27. Looking on is Permanent Secretary in the Ministry, Hillary Alexander.

 

Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, says individual behavioural changes are critical in the fight to conserve energy and reduce the country

Alternative Energy Electricity Government News

Caribbean targets 47% renewables by 2027 Jamaica expected to hit 12.5% with 115 MW project

March 8, 2013

CARIBBEAN Community (Caricom) energy ministers have approved an initial target of 47 per cent renewable energy contribution to total electricity generation in the region by 2027.

The ministers approved the target last week in Port of Spain, Trinidad & Tobago, at the special meeting of the Council for Trade and Economic Development (COTED) on Energy. They also set 20 per cent and 28 per cent renewable energy targets for 2017 and 2022 respectively, breaking new ground in the push towards alternative energy sources such as solar, wind, hydro, geothermal, and bio-energy, according to the Caricom Secretariat.

Jamaica is highly dependent on imported petroleum to meet energy needs, with a little more than 90 per cent derived from imported oil and the rest from renewable sources. The country, through its national energy policy, has set a target of 20 per cent renewable energy by 2030, but Energy Minister Phillip Paulwell has repeatedly expressed a desire to move the goal to 30 per cent by 2030.

Paulwell, who was travelling to Venezuela to attend the funeral of Venezuelan President Hugo Ch

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