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dc.title Caribbean Economics Quarterly: Volume 16, Issue 1: The Price of Power: How the Caribbean Can Build a More Secure Energy System
dc.contributor.authorMercer-Blackman, Valerie
dc.contributor.authorMooney, Henry
dc.contributor.authorAiello, Roberto Gabriel
dc.contributor.authorGraham, Monique
dc.contributor.authorSaboin, José Luis
dc.contributor.authorMazzocca, Angelo
dc.contributor.authorHernaiz, Daniel
dc.contributor.authorMitchell, Travis Klaus
dc.contributor.authorHussain, Lisa
dc.contributor.authorGauto, Victor
dc.contributor.authorIvey, Wendel Garfield
dc.contributor.authorCastilleja Vargas, Liliana
dc.contributor.authorSuliman, Naiema
dc.contributor.authorOkey, Onoh-Obasi
dc.contributor.authorSatnarine-Singh, Nirvana
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageBahamas
dc.coverageBarbados
dc.coverageGuyana
dc.coverageJamaica
dc.coverageSuriname
dc.coverageTrinidad and Tobago
dc.coverageThe Caribbean
dc.date.available2026-05-29T00:05:00
dc.date.issue2026-05-25T00:05:00
dc.description.abstractFor countries around the world, regardless of size or income level, access to reliable, low-cost electricity is among the most important drivers of growth and prosperity. This edition of the Caribbean Economics Quarterly provides a detailed overview of current capacity, consumption, costs, and prices of electricity, as well as analysis of the vital economic role of energy across the six countries that constitute the IDBs Caribbean Country Department: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. These economies stand at a pivotal moment in their energy transition. Although they differ markedly in resource endowments, regulatory capacity, and economic structure, they share common challenges: high dependence on refined fossil fuels, vulnerability to oil price volatility, aging infrastructure, and, in some cases, difficulty providing electricity access to remote areas. At the same time, rapidly declining global renewable energy costs and accelerating technology adoption offer unprecedented opportunities for the region to achieve cleaner, more reliable, and more affordable power systems. The report also examines the possible impact of the of disruptions to the Strait of Hormuz on the regions economies.
dc.format.extent71
dc.identifier.doihttp://dx.doi.org/10.18235/0014057
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/-Caribbean-Economics-Quarterly-Volume-16-Issue-1-The-Price-of-Power-How-the-Caribbean-Can-Build-a-More-Secure-Energy-System.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectEnergy
dc.subjectRenewable Energy
dc.subjectPetroleum
dc.subjectElectricity
dc.subjectEnergy Subsidy
dc.subjectEnergy Security
dc.subjectEnergy Transition
dc.subjectFossil Fuel
dc.subjectSolar Energy
dc.subjectEnergy Generation
dc.subjectCommodity Price
dc.subjectRegulatory Governance
dc.subject.jelcodeQ42 - Alternative Energy Sources
dc.subject.jelcodeQ43 - Energy and the Macroeconomy
dc.subject.jelcodeQ48 - Government Policy
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeH54 - Infrastructures • Other Public Investment and Capital Stock
dc.subject.jelcodeO13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products
dc.subject.keywordsfossil fuel dependence;Regulatory Reform;electricity costs;energy subsidies;oil price volatility;macroeconomic impact of oil prices;climate commitments;Nationally Determined Contributions;solar grid
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-01183
idb.operationRG-P1864
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