Mamy Razanajatovo Principal Officer for Energy Policy and Planning Seychelles Energy Commission UNOSD Capacity Development Workshop on Taxation Policy for Fossil Fuel and Renewable Energy for IO and African SIDS, Mauritius May 2014

Population: 88,311 (Census of Aug.2010) Total Land Area: 456 km 2 Maritime EEZ: Over 1 million km 2 GDP (at current prices for 2010) Million SCR 11,621 Million US$ 915 Per capita GDP: US$ 10,193 Number of households:22,100  Average Size of Household: 4 persons/household Consuls Conference at Ephélia Resort, 25th October 2011 Seychelles Energy Commission 2

UNOSD Capacity Development Workshop on Taxation Policy for Fossil Fuel and Renewable Energy for IO and African SIDS, Mauritius May 2014

Primary Energy Supply = Production + Imports - Exports - International Marine Bunkers ± Stock Changes = TOE in 2010 Seychelles Energy Commission 4

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7 Main Goal:  To Develop a Sustainable Energy sector Objectives:  To Reduce Dependence on Oil (Seychelles is presently 100% dependent on oil)  To Increase Energy Efficiency (Reduce energy losses and wastages in all sectors)  To Increase the share of Renewable Energy in the energy supply mix

Seychelles Energy Commission 8  5% of RE by 2020 in the Final Energy  15% of RE by 2030 in the Final Energy  100% of RE in the long-term in the Final Energy

Seychelles Energy Commission 9  Power Purchase Agreement  Feed-in tariffs for different RE sources  Fiscal incentives on imports of RE equipment (Exemption of GST: GST Amendment No.3, Regulations, 2010: 163F. )

Seychelles Energy Commission 10  Model Power Purchase Agreement to be studied/prepared  Feed-In Tariffs for Solar PV and others to be studied/ prepared  Grid absorption capacity to be studied  The Energy Commission in preparation phase

 Increased from 185,000 to 233,000 tonnes from 1995 to 2000  An increase of 26%  1 key sector for abating GHG in Seychelles is: Electricity Generation Consuls Conference at Ephélia Resort, 25th October 2011 Seychelles Energy Commission 11

UNOSD Capacity Development Workshop on Taxation Policy for Fossil Fuel and Renewable Energy for IO and African SIDS, Mauritius May 2014

Contact: Seychelles Energy Commission Unity House, Block B, 3 rd Floor, Room Victoria, Mahé, Seychelles Tel: Seychelles Energy Commission 18