Fifteen million US dollars has been set aside to develop the island’s geothermal resource, Prime Minister Roosevelt Skerrit has announced.
Mr Skerrit, who made this disclosure during a press conference on Friday 14 October 2016, informed that this is a five million-dollar increase from its earlier commitment.
Three test wells were constructed in Trafalgar, Wotten Waven and Morne Prosper and followed by four flow tests to determine the generation capacity of the wells, meaning how many megawatts can be obtained from that well.
In addition, a geothermal resources development bill – a critical piece of legislation to facilitate investment in geothermal energy – is to be tabled in Parliament on Wednesday 19 October 2016.
