OLADE signs a non reimbursable technical cooperation agreement with the Austrian Development Agency

 

To carry out the second stage of the Latin America and the Caribbean Energy Efficiency Program (PALCEE)

The Latin American Energy Organization (OLADE) signed technical cooperation agreement with the Austrian Development Agency (ADA) on November 30th, 2015, to carry out the second phase of the Latin America and the Caribbean Energy Efficiency Program (PALCEE) to be held in the Caribbean countries.

The project has been preceded by the first phase held in El Salvador, Grenada, Jamaica and Nicaragua, with the support of ADA and due to the successful fulfillment of the objectives, the cooperation continued on its second stage in Belize and Guyana. The project seeks to develop an institutional framework on energy efficiency in OLADE's Member Countries, by strengthening the responsible institution in charge of guiding and managing the energy efficiency programs nationwide, including laws and regulations in order to achieve sustainable energy savings, differing investment needs in the energy sector, improving the country's finances and reducing CO2 emissions.

The works to be performed include the development of national energy efficiency programs in the beneficiary Member Countries of the Organization containing the following aspects:

  • Strengthening institutions to develop energy efficiency, by seeking a regulatory instrument to help decision makers to ensure the sustainability of national energy efficiency plans.
  • Training energy efficiency professionals in program management for those professionals who will be part of the institution responsible for energy efficiency; professionals of the financial sector in order to implement credit lines for the development of projects of this nature and those responsible for maintaining the property where the demonstration projects will be developed on the demand side.
  • Implementation of demonstration projects; energy efficiency projects will be used to provide practical training to professionals from outside the institution, which will be responsible for implementing energy efficiency actions under the programs. Scheduled programs are:
    • Implementation of energy efficiency in the services and industrial sectors.
    • Energy savings in public and commercial buildings
    • Efficient lighting in low-income sectors.

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