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4.3 Case Study St. Lucia St. Lucia has an area of 616 km2 with an estimated population of 160,267 in July 2009. The GDP per capita is 10,900 USD (2009 est.). Its main industries are clothing, assembly of electronic components, beverages, corrugated cardboard boxes, tourism, lime processing and coconut processing (CIA St. Lucia 2010). St. Lucia has no natural gas or oil reserves, and to cover its energy needs St. Lucia imported 120.700 barrel oil in 2005 (Loy 2007). The imported diesel oil used for electricity production is the second major energy consumer behind the transport sector (Loy & Farrell 2005). In 2008, the estimated oil consumption was 3,000 bbl/day (CIA St. Lucia 2010). In 2008, 17.9 million imp. gallons (about 0.5 million bbl) were consumed by GRENLEC to produce electricity which increased to 18.3 million imp. gallons in 2009, an increase of 2.2% (LUCELEC AR 2010) 4.3.1 Energy Market Actors Electric Utility St. Lucia Electricity Services Ltd. (LUCELEC) is the sole commercial generator, transmitter, distributor and seller of electricity since 1964 (LUCELEC 2010). LUCELEC has an exclusive statutory license till 2045. In 1994, the company went public and the electricity act of 1964 was replaced by the Electricity Supply Act, which allows electricity generation from independent power producers but only with agreement and sub-license of LUCELEC and certain conditions (Loy 2007). The shareholders of LUCELEC are the Commonwealth Development Corporation (24.87%), the Caribbean Basin Power Fund St. Lucia Ltd. (20.00%), the Castries Town Council (16.33%), the National Insurance Scheme (12.51%), the Government of St. Lucia (12.44%) and other private and institutional shareholders (Loy & Farrell 2005). Government Institutions The responsible Ministry for the utility is the Ministry of Communications, Works, Transport and Public Utilities. The Ministry of Economic Affairs, Economic Planning, National Development and Public Service was newly established in 2006 and is responsible for the development of the energy politics and planning (Loy 2007). Case Studies 48PDF Image | CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME
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