Pacific-first centre of excellence for renewable energy and energy efficiency takes shape PDF Print E-mail

Thursday 18 June 2015 



Suva, Fiji – The Pacific Islands will soon have a regional centre of excellence in renewable energy and energy efficiency to support efforts to accelerate the adoption of feasible renewable energy and energy efficiency technologies across the region.    


The hosting arrangement for the centre is being discussed this week at the Vienna Energy Forum being held by the United Nations Industrial Development Organisation (UNIDO) in Austria from 18 to 20 June.


At the international forum, the Secretariat of the Pacific Community (SPC) will provide an update on behalf of the Pacific delegation on progress to establish the Pacific Centre for Renewable Energy and Energy Efficiency.


In April 2014, Pacific Ministers for Energy and Transport agreed to establish the centre – a first for the Pacific – that will become part of UNIDO’s network of regional Sustainable Energy for All (SE4ALL) Centres of Excellence, along with centres for the Caribbean Community, Economic Community of West African States, the Southern African Development Community and the East African Community.


Renewable energy currently represents less than 10 per cent of total energy use in the 22 Pacific Island countries and territories.


While Fiji, Papua New Guinea and Samoa are leading the way with large-scale hydropower projects, there is enormous potential to expand the deployment of other renewable energy options such as solar, wind, geothermal and ocean-based energy sources.


The Pacific centre will work towards the creation of an enabling environment for regional renewable energy and energy efficiency markets by mitigating existing barriers.


Last Updated on Thursday, 18 June 2015 10:27
Regional fuel prices increasing again PDF Print E-mail

Monday 25 May 2015



Suva, Fiji – For the past ten months, Pacific Island countries and territories have enjoyed falling petroleum prices but there are indications that the region should prepare for rising fuel prices.    


Assessments by Economic Development Division of the Secretariat of the Pacific Community (SPC) show that between July 2014 and May 2015, annual savings for the region were USD 1.5 billion based on total regional fuel volume.


Meanwhile, the fall in fuel prices was in the order of USD 50 per barrel (representing a 45per cent drop in the underlying costs), but there were marked differences in the benefits gained by each country. 


“These savings, coupled with innovative thinking and political support, could be invested in renewable energy and energy efficiency to reduce fossil fuel dependence,” SPC’s Deputy Director of Energy, Solomone Fifita, said.


For example, American Samoa, Samoa and Tonga enjoyed the benefits of falling fuel prices with very little delay because their respective fuel price regulation systems are adjusted monthly and directly reflect what is happening in the Asian supply market, Mr Fifita explained.


Fuel pricing regulation in these three countries is achieved after extensive negotiations with fuel suppliers to achieve fair and equitable pricing.


Fiji, although it regulates its fuel price with a similar system, only adjusts its fuel prices every three months. The country therefore experienced delays in realising the benefits from the price decline. Conversely Fiji is also sheltered from price rises for the next few months, Mr Fifita said.



Last Updated on Thursday, 18 June 2015 10:21

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