Castalia advises on clean energy policies and strategies to mitigate greenhouse gas emissions.
  • Market Analysis for US$300 million Clean Energy Fund, Asia
    Castalia helped a US$300 million Clean Energy Fund develop the business case for renewable energy investments in emerging economies in Asia. Castalia provided analytical support to the fund on the viability of market opportunities and evaluated areas where government incentives for investing in clean energy provided particularly attractive commercial opportunities
  • Trading Ukranian Carbon Credits for New Zealand Coal Producer, Ukraine and New Zealand
    The countries of the former Soviet Union are large suppliers of carbon credits under the Kyoto Protocol. Castalia helped New Zealand’s largest coal producer, Solid Energy, negotiate to acquire assigned amount units (AAUs) from the Ukraine at a lower cost than meeting its domestic obligations through emissions abatement. Castalia also helped to develop a business model to bundle AAUs with coal sales and profitably market the product to international coal buyers
  • Coal Generators Response to Proposed Cap and Trade Regulation, Australia
    The Australian Government proposed a carbon trading scheme that threatened to wipe hundreds of millions of dollars off the value of Australian coal-fired generation plant. Castalia advised the owner of Babcock & Brown Power on ways to negotiate with the Government on the availability of compensation, based on established legal remedies for regulatory expropriation
  • Encouraging Renewable Energy and Fuel Diversification, Pacific Islands and the Caribbean
    Small islands in the Pacific and the Caribbean are dependent on diesel for electricity generation. Castalia has developed policies to encourage investment in renewable generation on small islands, as an environmentally sustainable and cost-effective strategy for fuel diversification
  • Critique of Government Assessment of Carbon Balance, New Zealand
    When New Zealand ratified the Kyoto Protocol in 2002, the Government claimed that New Zealand would be a net seller of carbon credits due to the impacts of structural changes in the economy. Castalia checked the factual basis of the Government’s claims and found that, rather than a net seller, New Zealand would need to purchase carbon credits on international markets. After disputing Castalia’s analysis, the Government eventually conceded that New Zealand would face a deficit of carbon credits. Castalia then argued that the resulting contingent liability should be disclosed on the Governments accounts. Media releases discussing Castalia’s work can be found here and here. Castalia report on policies to reduce emissions in New Zealand can be downloaded here [PDF]
  • Evaluating Tenders for 60MW of Renewable Electricity Generation, Jamaica
    To promote the development of renewable energy in Jamaica, the Office of Utilities Regulation called for tenders for renewable electricity developments that will be underpinned by power purchase agreements. Castalia helped the regulator develop a methodology for this first evaluation of renewable energy tenders, and provided external quality assurance throughout the evaluation process. The tender successfully achieved the objective of facilitating least-cost renewable electricity investment in Jamaica
  • Developing a Legislative Framework for Renewable Energy, Dominica
    The Government of Dominica wanted to develop overall legal and regulatory framework for renewable energy initiatives in the country, with a particular focus on geothermal energy. Castalia evaluated how renewable energy resources are developed internationally, and recommended policy and regulatory measures to help the Dominican Government achieve its objectives. We are also developing draft legislation and regulations to implement these recommendations
  • Barbados Sustainable Energy Framework, Inter-American Bank
    The Inter-American Bank engaged Castalia to develop a sustainable energy framework for Barbados. The projects aims to reduce the country's dependence on imported fossil fuels, enhance security and stability of energy supply, and improve environmental sustainability by promoting renewable energy and energy efficiency.