Caribbean energy leaders and international evelopers will gather at the Ritz-Carlton, Montego Bay, on October 15th and 16th for the launch of the Caribbean Renewable Energy Forum, or CREF, a vital new conference designed to propel renewable implementation in the Caribbean.
CREF comes at a turning point for the Caribbean. The regionâEUR(TM)s extensive renewable resources remain largely untapped but, as the price of oil creeps upwards, the region cannot remain ependent on oil imports and must move swiftly to mobilize its renewable potential.
The importance of renewables to the future security of the Caribbean is reflected in the high level of attendance at CREF where, at over two months out, nine Caribbean energy ministers have confirmed they will attend. In total seventeen countries are now represented at CREF by senior government officials and senior utility executives.
Also present will be a strong contingent of international developers seeking to establish an early foothold in what is a rapidly emerging renewables market. "No-one disputes the extent of the renewable opportunity across the region. The challenge is to put in place the right regulatory structure, the right financing, and the right technology. We aim to bring all of the above to Jamaica in October," says Jerry Butler, Chairman of CREF
CREF is co-hosted by Caribbean-Central American Action (CCAA) and backed by the Organization of American States (OAS), the Overseas Private Investment Corporation (OPIC), the World Bank, the Inter-American Development Bank (IDB), German Technical Cooperation (GTZ), the US National Renewable Energy Laboratory (NREL), the Caribbean Community Secretariat (Caricom), and the US Department of State.
The agenda offers a compelling mix of regional insight, afforded by regional ministers and utility CEOs, and international perspective, provided by some of the world's best-known renewables developers. Some of CREF's many notable speakers include: Aristides Fernandez Zucco, Secretary of State & President of the National Energy Commission of the Dominican Republic; Jigar Shah, CEO, The Carbon War Room and Founder & former CEO, SunEdison; Robert Dixon, Leader, Climate Change & Chemicals, Global Environment Facility (GEF); and George E. Pataki, Former Governor of the State of New York; Founder & Chairman, Pataki Cahill Group.
Together they, and CREF's other speakers and participants, will map out opportunities for renewables across the region, while also addressing the pivotal issues of financing, regulation, and long-term project profitability.
Jerry Butler, CREFâEUR(TM)s chairman, is a member of the Board of LAC-CORE. LAC-CORE is a new initiative from ACORE and BCC which will serve as a focal point for long-term efforts to make renewables the principle source of energy in Latin America and the Caribbean. Mr. Butler joins Board members from the U.S., Dominican Republic, Haiti, El Salvador, Columbia and Brazil who share this vision of the regionâEUR(TM)s energy future.
For more information please contact:
Matthew Perks, Executive Director, The Caribbean Renewable Energy Forum
Or visit www.caribbeanenergyforum.com