PROJECTS

Designing PPPs in Renewable Energy and Energy Efficiency, Barbados

The problem

The Government of Barbados had an opportunity to implement energy efficiency and renewable energy PPP projects by using retrofits of public facilities. These projects would replace fossil fuels and reduce electricity consumption by the public and private sector. However, the government needed help establishing a framework for procuring performance-based contracts. The IDB hired Castalia to help the Government of Barbados implement privately financed energy efficiency and renewable energy projects.

How we helped

Castalia created a procurement strategy, designed performance-based contracts for renewable energy and energy efficiency projects, and delivered training to government staff on designing, structuring, and negotiating PPPs. We also developed a concept for a revolving performance-based contract scheme where savings from previously retrofitted buildings would be applied towards retrofitting new buildings—thereby making the scheme self-financing over time.

Impact

In 2019, the Government implemented this scheme to replace 28,000 streetlights with LED technology. It is estimated that the retrofit will result in annual energy cost savings of BDS$3.7 million and 50 percent reduction of energy consumption. In 2022, the Energy Efficient Retrofit of Public Streetlights project received an award for “Best Energy Efficiency Project” during the Caribbean Energy Conference Forum (CREF). The award recognizes the projects in the Caribbean energy sector that make a lasting impact on the development of resilient and renewable energy systems.

Our team

David Ehrhardt

David Ehrhardt

Chief Executive

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 84 60 02 00
64-66 Rue des Archives
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

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WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

Castalia-logo-negative-2col
PROJECTS        NEWS        BLOG        CONTACT
© Copyright 2019 Castalia. All rights reserved.
Terms | Privacy | Credits | Sitemap