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This is essential to the islands as the 10 MW geothermal plant will be the first such power plant in the eastern Caribbean and will make Nevis the first 100 % green island in the world. The acquisition of this technology and pragmatic approach to energy security will ensure the population of Nevis low cost, reliable, clean, renew- able energy. This development on the small 269 square-kilometre island will be ex- tremely beneficial to the population of some 47,318’ . This will set St. Kitts and Nevis apart from any other country in the region by creating a fully independent energy economy and having a significantly reduced carbon footprint. The context of St. Kitts and Nevis is very appropriate for the purposes of this re- search paper. The integration of this new energy in a SIDS, specifically in relation to the endogenous growth theory, establishes a vital framework for other island states. The company that is operating and managing the geothermal project is West Indies Power (Nevis). This arm, operating in Nevis, is a subsidiary of West Indies Power Holding B.V. The subsidiary arm commenced geothermal explorations and drilling in Nevis in 2008. The latter is an independent power producer which specializes in the exploration and development of geothermal energy in the Caribbean. According to Dr. Denzil Douglas, Prime Minister of St Kitts and Nevis, I am very, very impressed, very hopeful, that one of the serious challenges that we face as a people, as a nation, in the escalating high energy prices, that we may be able in the not too distant future, to provide a solution to this problem through the pos- sibilities of geothermal energy the eventually that eventually will come to the island of Nevis and will be able to be I am sure, shared by the people of St. Kitts and Nevis generally and the people of the Caribbean islands, whom I am sure will benefit from this very important exploration (Caribbean Net News ). St. Kitts and Nevis has provided energy security given the most practical route avail- able. Solar energy is limitlessly available as well, but in this instance, geothermal energy is entirely sufficient to meet the demands and requirements of the country. Guyana It is important to note the invaluable role of new, environmentally friendly and ef- ficient energy supplies. In its drive for sustainable development, Guyana has formu- lated a National Energy Policy (NEP) that promotes the substitution of imported fos- sil fuels and the increased use of renewable sources. Guyana covers a large land mass of some 216,000 square kilometres with a population, as of 2004, of some 767,000 (Association of Caribbean States 2008:24). Additionally, in 2004, GDP was estimat- ed at near $788.5 million. Despite the limited financial capacity of the country, there has been significant headway towards promoting energy security in both fossil fuels and renewable and alternative energies. New energy legislation has paved the way for the establishment of a new Guyana Energy Agency with overall responsibility for coordination among various energy related departments and units. The exploration of renewable energies has been studied for a long time in Guyana. The extensive waterways have been seen as a constant and underutilized energy ENERGY SECURITY OF THE CARIBBEAN 115PDF Image | Confronting the Energy Security Dilemma of the Caribbean
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