The Caribbean region is catching the eye of investors and energy companies alike as climate change and rising energy costs demand the use of renewable energy. For more about Caribbean energy programs including the "Save As You Pay - Pay As You Save Program" founded by Reel Caribbean Energy LLC, visit http://www.reelcaribbeanenergy.com.

1. TOP 10 REASONS
Why The Caribbean Is Primed To Be
The Next leader In
RENEWABLE ENERGY
www.reelcaribbeanenergy.com

2. The Caribbean region is catching the eye of investors and
energy companies alike as climate change and rising energy
costs demand the use of renewable energy.
Here's 10 reasons to keep your eye on this region:

3. 10. Big investment potential.
The Caribbean Development Bank (CDB) is stepping up efforts to
attract investors to the Caribbean due to the fact that every year
there's a 1 in 5 chance that a storm could rupture through the region
and cause $20+ billion in storm damage.
It's been stated that $30 billion is needed to update and modernize
the Caribbean’s energy infrastructure in order to protect it from
extreme weather circumstances.

4. "There's a 10 to 24 per cent possibility of one or more of our
countries being hit by a major weather event each year and the
damage would average about one percent of GDP but in some
instances it's significantly greater," Dr. Warren Smith, president of the
CDB, tells Business Green (full article here):
http://www.businessgreen.com/bg/interview/2355643/howthe-
caribbeanplansto-becomeagreenenergypowerhouse).
9. A long term solution to weather is needed.

5. Solar, biogas and wind projects across the region are
increasing as more countries seek to get "off the grid" and not
be dependent on expensive traditional utilities
8. Renewable energy projects are already
being deployed in the region.

6. The CDB has secured a €50 million line of cheap credit from the
European Investment Bank (EIB) to invest towards those member
states committed to building up their renewables capacity.
7. The European Investment Bank has opened
a €50 million line of credit for the CDB.

7. The region needs policy support from governments if it is to get the
funding for future survival as viable economies. Only two countries
Jamaica and Barbados currently have legislation in place allowing
households and businesses generating their own power through
technologies. This leads to a policy gap that acts as a barrier to
wider investment.
6. The CDB is working to update legislation.

8. Smith told Business Green, "Much of the eastern Caribbean the
smallest Caribbean countries have large amounts of geothermal
potential, allowing them to dramatically reduce their fossil fuel
imports and put them in a position where they could become an
exporter of energy because of the proximity of nearby islands
without these resources."
5. There’s big geothermal potential in the
eastern Caribbean.

9. The cost of energy is higher than ever in the Caribbean, and only
going up as climate changes, devastating storm threats and
outdated policies continue. More companies and consumers are
seeking and demanding alternative energy solutions.
4. There is growing concern about the
climate and a push to find alternatives to
traditional utilities.

10. The Caribbean Renewable Energy Forum (CREF) holds annual
meetings in Miami to focus on these topics and increase initiatives.
The CREF is the largest and longest established Caribbean
renewable event in the hemisphere.
3. The Caribbean is going global.

11. 2. Dominica, Montserrat and Guyana are
blazing a trail.
The three took the top three spots in the Castalia
Renewable Energy Island (CREF) Index for 2013.
Their biggest areas of progress are in planned
renewable energy generation.

12. "There's a 10 to 24 percent possibility of one or more of our
countries being hit by a major weather event each year and the
damage would average about one percent of GDP— but in some
instances it's significantly greater," Smith told Business Green.
"The threat is getting more and more ominous as climate change
unfolds and as the world delays its response to that phenomenon."
Due to the shifts in climate and increasing energy demands, finding
renewable energy sources is becoming a necessity..
1. Renewable energy will no longer be a choice.

13. For more about Caribbean energy programs including
the "Save As You Pay, Pay As You Save Program"
founded by Reel Caribbean Energy LLC, visit
http://www.reelcaribbeanenergy.com.