St. Lucia Geothermal gets S. Korea Interest (Jamaica Gleaner)
 |
| (Courtesy CIA.gov) |
Baptiste, who recently ended a visit to the Asian country, held talks with the Korea East West Power Company Limited (EWP), according to a government statement.
Baptiste said the Korean company became interested after the St Lucia delegation made a presentation on new and renewable energy on the island.
Baptiste said that the Koreans appear interested in geothermal energy.
He said with international crude oil prices skyrocketing frequently, an investment in renewable energy would result in tremendous benefits for the local economy.
"Can you imagine what it would be to have geothermal energy in St. Lucia where we can actually generate electricity at a few cents - maybe less than ten cents per kilowatt?," said Baptiste.
