Saint Vincent and the Grenadines:

St Vincent Geothermal Energy Project On Track (IPS)

Householders and manufacturers are hoping that the geothermal energy exploration, which has been underway for more than a year, will in fact produce the 10-15 MW of electricity that the country desperately needs to relieve its dependence on high-cost fossil fuels and give new life to the manufacturing and agro-processing sectors.

The geothermal energy exploration is a partnership between the Unity Labour Party government, the Icelandic Firm Reykjavik Geothermal Ltd., and Emera Inc., an international energy company with roots in Nova Scotia, Canada that also owns power stations in the Caribbean.

One year after the geothermal project was launched, Prime Minister Gonsalves, who will run for a fourth consecutive five-year term in elections this year, told Parliament in December that the geothermal power plant is on track for a 2017-2018 completion.

By June 2015, a technical report will be completed and well and plant site selection will be done, Gonsalves, who also holds the energy portfolio, told lawmakers.

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