In a statement, the Ministry of Sustainable Development, Energy, Science and Technology said it hosted last week a delegation of technical experts from the World Bank, the U.K. Department for International Development and the New Zealand government to discuss the project.
"The Geothermal Resource Development Project in Soufriere is a key pillar of Saint Lucia's Sustainable Energy program, as it has the potential to provide a steady base-load of electricity; stabilize energy prices way into the future; attract investment as a result," the government stated.
According to a 2008 study by the Trinidad branch of the University of the West Indies, St. Lucia's estimated geothermal potential is 680 MW.
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