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Politics Break with Tammi Sulliman
Compass TV’s Chief Political Correspondent Tammi Sulliman breaks down the recent moves of the National Coalition for Caymanians (NCFC); where they’re at, and where they’re headed. Learn about the newest in finance, immigration reform, land purchases, and other issues affecting the community.
| 00:08:07
Cayman Compass
World Bank: Wind, wave, sun power key to cheaper energy
The Caribbean director for the World Bank has called for more use of alternative power to cut energy costs, along with faster adoption of new digital technologies.
Lilia Burunciuc highlighted the region had “abundant” alternative power sources that could be used to benefit residents and tourists.
“It’s very difficult to comprehend why the region is still relying predominantly on fossil fuels and is so vulnerable to fluctuation of prices and it is so expensive to actually … buy electricity in the Caribbean,” she said.
“How can the Caribbean be competitive with these levels of tourism when there are abundant resources of solar and wind and even the ocean energy?”
She said the World Bank had piloted a scheme in the Caribbean to use wave-generated energy to power air conditioning and that it had proven to be “much more cost-effective”.
