Trinidad and Tobago is predominantly a gas based economy. Legacy arrangements with the government and the power generation sector has resulted in a high level of subsidisation of the electricity cost, consequently, the present lowest rung cost of US 0.04 / KWh. These low retail prices of electricity from natural gas powered electricity generation may make it very difficult to deploy renewable energy technologies without a further level of subsidisation to match these retail prices. This paper seeks to examine the opportunities and barriers of feed in tariffs in deploying renewable energy technologies in Trinidad and Tobago. In each case a policy strategy which makes up the components of a feed in tariff is analysed with respect to world best practice. We conclude that whilst Feed In Tariffs may not be the most economically attractive option for Trinidad and Tobago, the associated diversification of the electricity market, energy security, carbon reduction and energy independence for consumers present a string case for its implementation and would necessitate government intervention for successful implementation.
Randy Ramadhar Singh is s a Ph.D candidate with the Department of Physics, UWI, St. Augustine Campus. He completed his BSc and MPhil degrees at the St. Augustine Campus. .
He has worked in the United Kingdom as an educator and researcher and was a previous Head of Physics at Putney High School in London. He currently lectures at the Arthur Lok Jack Global School of Business in the Masters of Business Administration (MBA) Sustainable Energy Management (SEM) and MBA International Trade, Logistics and Procurement (ITLP) programme.
Mr. Ramadhar Singh also previously served as Advisor on Renewable Energy at the Ministry of Energy and Energy Affairs between 2011 -2016 where he spearheaded and oversaw projects on renewable energy and energy efficiency on behalf of the Government of the Republic of Trinidad and Tobago.
In this capacity he was member of council of the International Renewable Energy Agency (IRENA) as well as a member the board of the Abu Dhabi based IRENA/ Abu Dhabi Foundation for Development which oversaw a competitive bidding process for millions of dollars of funding for sustainable energy projects backed by the Government of the United Arab Emirates. He has also served as a focal point on energy matters for the CARICOM Energy Desk and the United States Department of Energy.
His current research focuses on the integration of renewable energy as an adjunct power generation strategy for the local energy matrix.
His current work involves reviewing the current power production scenarios and reviewing modalities which would work in tandem with policy tools for a successful integration of renewables as a viable power production option for Trinidad and Tobago.