1 / 24

III Latin American and Caribbean Energy Efficiency Seminar Panama City, Panama July 7 & 8, 2010

III Latin American and Caribbean Energy Efficiency Seminar Panama City, Panama July 7 & 8, 2010. Conroy Watson Ministry of Energy and Mining Jamaica, W.I. Outline. Global Oil Market Energy and the Economy Electricity Sector Profile National Development Plan

kesia
Download Presentation

III Latin American and Caribbean Energy Efficiency Seminar Panama City, Panama July 7 & 8, 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. III Latin American and Caribbean Energy Efficiency SeminarPanama City, PanamaJuly 7 & 8, 2010 Conroy Watson Ministry of Energy and Mining Jamaica, W.I.

  2. Outline • Global Oil Market • Energy and the Economy • Electricity Sector Profile • National Development Plan • National Energy Policy 2009 - 2030 • Energy Efficiency Policy and Strategy • Energy Efficient Technologies for Cooling • Renewable Energy Contribution • Non-Renewable Energy • Support Mechanisms • Concluding Remarks Ministry of Energy and Mining

  3. Global Oil Market • Emerging markets (China, India) • Reserves • Rate of new discoveries • Volatility of oil prices • Market speculation • Geopolitical developments • Changes in production strategies • Uncertainty in supplies • Crude and product prices • Crude prices could exceed US$100/bbl Ministry of Energy and Mining

  4. Energy and the Economy • Petroleum imports • Volume fairly stable (22.1 Mbbls in 2009) • Value vulnerable to international market changes (US$1.35bn in 2009) • 24% of GDP (2009) • High Concentration (96%) • Transport: 38% • Bauxite/alumina: 35% • Electricity generation: 23% • Per capita consumption: 7.6 boe • Excluding the bauxite sector: 5.0 boe Ministry of Energy and Mining

  5. Other 1% Renewables 8% Mexico Venezuela Ecuador Trinidad* Dependence on Imported Oil Petroleum 91% Ministry of Energy and Mining

  6. Electricity Sector Profile:Installed Generating Capacity Ministry of Energy and Mining

  7. Electricity Sector Profile:Efficiency of Electrical Plants Ministry of Energy and Mining

  8. NATIONALDEVELOPMENTPLAN Ministry of Energy and Mining

  9. Jamaica’s Vision “Jamaica, the place of choice to live, work, raise families, and do business” “Developed Country Status”by 2030 Long-term strategies for all sectors http://www.vision2030.gov.jm/ Ministry of Energy and Mining

  10. ENERGY SECTOR POLICIES Ministry of Energy and Mining

  11. National Energy Policy 2009 - 2030 Policy goals Modernize the energy infrastructure; Aggressively pursue energy conservation and efficiency measures; Harnessing of renewable energy resources; Security of energy supplies; Establishment of institutional framework; Private sector involvement in creating “Green Economy” GOJ lead in implementation of policies; Ministry of Energy and Mining

  12. Energy Efficiency Policy and Strategy • The ECEP speaks to: • Development of institutional frameworks • Application to the public and private sectors • Building codes and standards • Potential impact on the environment Ministry of Energy and Mining

  13. Energy Efficiency Policy and Strategy cont’d Residential Transportation • Public education programmes • Turning off lights when not in use • Water saving measures • Compact fluorescent bulbs • Use of solar water heaters • Promotion of car pooling where applicable • Public education programmes • Driving to achieve maximum fuel efficiency • Rehabilitation of the railway system • Introduction of bio-fuels Ministry of Energy and Mining

  14. Energy Efficiency Policy and Strategy cont’d Industry • Cogeneration systems • Efficient electric motors and variable speed drives • Power factor correction • Efficient industrial lamps • Steam system efficiency Public Sector • Efficiency measures in hospitals and schools • NWC (approx. 50% of the public sector consumption) Tourism Sector • Lighting • A/C • Steam system • Solar water heating • Motion censors Energy Audits and Loan Facilities Available Ministry of Energy and Mining

  15. Energy Efficient TechnologiesFor Cooling Chillers Insulated Inlet and Outlet Pipes Ministry of Energy and Mining

  16. Energy Efficient Technologies cont’d • Water • Install aerators in bathrooms faucets • Install low-flow toilets and urinals • Use of touch-less controls Ministry of Energy and Mining

  17. Investment Prospects Bio-fuels Electricity Generation and Distribution Hydro Power Stations Ministry of Energy and Mining

  18. Renewable Energy Contribution Targets 11% of total energy by 2012 12.5% by 2015 20% by 2030 Ethanol E10-87 (Nov. 2008) E10-90 (Nov. 2009) Prospects for higher blends Export potential – CBI Ministry of Energy and Mining

  19. Renewable Energy Contribution cont’d • Bio-diesel project approach • PCJ projects 4M gal for local distribution (2012) • Requires 12,000 acres (sub-par or marginal lands) • Production phases • 1st phase (2008/2009) • Small scale 5 ton a day plant (500 gallons per day) • Nut Sheller will be procured • 2nd phase (2009/2010) • Expanded by procuring 50 ton a day plant (5,000 gallons per day) • Grain storage silos and testing capabilities. • 3rd phase (2010/2011) • Building large scale 4 million gallon per year plant • Requisite tank storage, lab testing and quality control capabilities • bi-products such as fertilizer meal and pharmaceuticals recovered for resale Ministry of Energy and Mining

  20. Non-Renewable Energy cont’d • LNG Project • Approximately 90% of the existing base-load switched to LNG • JPS estimates electricity bills savings of 25-30% • Improved generation efficiency • Diversifying the fuel sources before the next JPS rate adjustment in 2014 • Capital cost approx. US$400M • Offshore and pipeline facilities • 2012 projected implementation Ministry of Energy and Mining

  21. Support Mechanisms Legislative & Regulatory Framework Acts, Codes, Standards & Labeling National Building Code National Health and Safety Code (draft HSE) Equipment & Appliance Labeling Use of Smart Meters (JPSCo) Petroleum Quality Control Act The Natural Resources Conservation Authority Act Institutional Framework Petroleum Corporation of Jamaica www.pcj.com Office of Utilities Regulation (OUR) www.our.org.jm Bureau of Standards (BSJ) www.bsj.org.jm National Environment and Planning agency (NEPA) www.nepa.gov.jm Ministry of Energy and Mining

  22. Support MechanismsFinancial incentive Development Bank of Jamaica (DBJ) US$500M Revolving Loan Energy (US$15M per project) Interest rate 12.5% fixed for life of project 7 years life span / 12 months moratorium Eligible Enterprise Commercial & Industrial Users Energy Services Co. (ESCOs) Equipment Manufacturers Commercial Bank Financing National Housing Trust (NHT) Home owners’ loans Solar water heaters Photovoltaic systems Ministry of Energy and Mining

  23. Concluding Remarks Vision 2030 providing direction Energy Policies providing support Incentives efficient end-use devices renewable energy Financial Mechanism Building Societies NHT Commercial Banks Financial institutions Infrastructure modernization Promote investment Foster growth and development Energy conservation and efficiency a national imperative Ministry of Energy and Mining

  24. Thank You… The End Contact Info: The Ministry of Energy and Mining 36 Trafalgar Road, Kingston 5 Jamaica, W.I. cwatson@mem.gov.jm Tel: (876) 929-8990-9 Fax: (876) 968-2082 Ministry of Energy and Mining

More Related