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resources on SVG were insufficient for biofuels production (Government of St. Vincent and the Grenadines 2010, pp. 22, 36). • Sugarcane biomass for biofuels was not found to be economically feasible on St. Kitts and Nevis, from a 2007 study by OAS (de Cuba & Rivera-Ramirez 2007). One area requiring added attention, however, is the combination of locally produced or imported biofuels for a combination of liquid fuels for transportation and gasified waste materials for electricity (Lemoine et al. 2010). • The Bahamas is planning a study on the reuse of cooking oil, presumably as biodiesel (NEPC 2008, p. 31). Ocean Thermal Energy Conversion Due to the geographical location within the 23.5 degrees northern latitude (Tropic of Cancer) (see Figure ES-3), the unique volcanic landscape, the bathometry of the coastal waters of the Caribbean islands assessed in this report, and the present fossil-fuel price developments, ocean thermal energy conversion (OTEC) is becoming a more frequently hinted-at technology that merits serious consideration. Examples are the rejuvenated interest by multinationals, such as Lockheed Martin investing in furthering OTEC research and development efforts. OTEC Pipeline for accessing deep cold water (source: OTE Corporation) As of November 2011, the Bahamas announced its commitment to exploring the viability of installing an OTEC plant in its territorial waters and signed a memorandum of understanding (MoU) with a developer for the assessment of building a 20-MW to 30- MW OTEC plant. Electrical Interconnections Many of the nations included in this report have excellent geothermal resources and, therefore have the potential to become net energy exporters. The World Bank Report considers the following submarine electrical cable interconnections in detail and summarizes their economic potential. xxxPDF Image | Energy Policy and Analysis Caribbean
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