Energy Economics in Small Pacific Island Countries: Some Issues

Development of renewable energy is now on the global agenda due to looming energy crisis and climate change impacts of fossil fuel emissions. While the science of renewable energy is necessary, understanding the economics of new forms of energies is equally urgent. Generally, the scientific knowledge and issues pertaining to the production and use of new energy forms may be universal but the economics of different forms of energies vary between countries and regions. The Pacific Island countries (PICs) are faced with a number of energy constraints and associated problems that are unique. This paper provides evidence of increasing energy bills for the PICs to establish a case for domestic alternatives