Selected Issues Papers

Powering the Future: Energy Transition Strategies for the ECCU

By Peter Nagle, Camilo E Tovar Mora, Diego A Gutierrez

May 26, 2025

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Format: Chicago

Peter Nagle, Camilo E Tovar Mora, and Diego A Gutierrez. "Powering the Future: Energy Transition Strategies for the ECCU", Selected Issues Papers 2025, 066 (2025), accessed May 31, 2025, https://doi.org/10.5089/9798229010566.018

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Summary

Reducing energy dependence in the ECCU entails improving energy efficiency and shifting from fossil fuels to renewable energy. This energy transition will affect the transmission of and vulnerability to shocks (e.g., from natural disasters or commodity markets) while at the same time helping to reduce economic imbalances and enhance growth potential. Policymakers need to establish frameworks to maximize the benefits of the energy transition, while ensuring it is sustainable and equitable.

Subject: Commodities, Economic integration, Electricity, Energy conservation, Energy prices, Environment, Monetary unions, Non-renewable resources, Oil, Oil prices, Prices, Renewable energy

Keywords: Caribbean, ECCU, Economic Resilience, Electricity, Energy conservation, Energy prices, Energy Transition, Monetary unions, Natural disasters, Non-renewable resources, Oil, Oil Dependence, Oil prices, Private investment, Renewable energy

Publication Details

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