Roadmap Taking Shape

The roadmap for Grenada's Hotels achieving their energy goals is finally taking shape. There is an incredible ammount of footwork to do to get there, but at least it's possible to see what needs to be done to get there now. Now that the roadmap outline is taking shape, I will be presenting my ideas to the Grenada Hotel and Tourism Association President. From there, I will have to work on gathering a lot of background data such as the surface area of the roofs so we can calculate how many PV's we can install, how much electricity we can produce, and of course - what it will cost.

So far, it doesn't look like Grants are going to provide enough money to install systems so I'm going to have to work with my national colleagues to find a really favourable financing arrangement - such as a revolving fund. Revolving funds are often used to stimulate private sector development by offering loans at favourable interest rates and with favourable terms that cannot be obtained with traditional commercial financing.

Perhaps with a combination of good commerical financing, grant funds and some donated energy saving hardware (such as LED lights) we can make a dent in our Carbon Footprint! The trick is working out the math:

Can we raise enough money to generate a surplus of electricty using PV's?

If the outline I present to the Chair is approved - next week will be a boring week of obtaining data. Every good job has it's share of grunt work!