Does Sint Maarten have a trade regime with the EU?

The trade regime with the EU is defined by the DOAG and Sint Maarten’s associated status as an OCT. Several islands in the Caribbean have already started using alternative energy sources in order to generate energy. Sint Maarten can benefit also from lessons learned of existing initiatives.

What is Sint Maarten's national energy policy?

renewable energy.10 The plan also emphasizes the need to raise awareness of energy conservation among individuals and businesses through communication campaigns. Sint Maarten developed a National Energy Policy (NEP) in 2014 that aims to mitigate the impact of energy use on the environment while reducing electricity tariffs.

How much does electricity cost in Saint Martin?

For Sint Maarten, the equivalent rates are roughly $0.35/kWh. Like many islands, Saint Martin is highly dependent on imported fossil fuels, leaving it vulnerable to global oil price fluctuations that directly impact the cost of electricity.

Who is the sole supplier of electrical energy in Sint Maarten?

N.V. GEBE is thus the sole supplier of electrical energy. Sint Maarten is seeking for ways to cut costs and to decrease tariffs by increasing the utilities’ efficiencies and by looking at energy conservation and efficiency measures.

How does the EU help Sint Maarten?

This budgetary aid comes on top of the Dutch-funded reconstruction Trust Fund (EUR 470 million, implemented by the World Bank). EU interventions have to stand in synergy with Dutch initiatives to avoid overlaps and redundancies. Sint Maarten will be eligible for the European programme for environment and climate (LIFE) 2021-2027.

How can Sint Maarten move towards a resilient energy infrastructure?

By leveraging smart metering infrastructure, cloud-based controls and better distributions systems, Sint Maarten could start moving towards an energy infrastructure that provides a resilient adaptation to projected future climate impacts and hazards.