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The mission of the Caribbean Pacific Foundation is to Research, Coordinate, Develop and Deploy technologies in the Energy, Water and Food industries where such technologies improve economies of the Caribbean and South Pacific region. CFP strives to preserve cultural heritage and natural environment by integrating and adapting suitable technologies which will improve region’s social and economic systems.
Electricity generated from liquid fossil fuels and consumed by nations and island nations in the South Pacific, Central America, and the Caribbean is a $33 billion industry. Diesel is the primary liquid fossil fuel used for the production of electrical power. These nations and island nations have become dependent on diesel for electrical production because traditional power sources are not possible or feasible. They had no other viable choice.
For many island nations and coastal regions, traditional electrical power generation from coal and natural gas is impractical due to geographical isolation and lack of resources. As a result, electrical tariffs for many of the island nations exceed $0.40 per kWh and can approach $0.60 per kWh. This high cost of energy significantly inhibits economic and social development of these regions.
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