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Table 10.1 Overview of the Electricity Systems in the Eastern Caribbean Countries Peak Demand Installed Generation Island Utility (MW) Capacity (MW) Average Tariff (US$/kWh sold) (2014) Average Fuel Cost (US$/kWh sold) (2014) Percentage of Generation Capacity from Fuel Oil or Diesel DOMLEC GRENLEC LUCELEC SKELEC NEVLEC 16.8 29.2 59.7 24.0 10.4 26.7 48.6 86.2 43.0 13.4 0.365 0.370 0.322 0.320 0.320 (Estimated) 0.183 0.205 0.178 Dominica Grenada Saint Lucia Saint Kitts Nevis Saint Vincent and the Grenadines VINLEC 25.7 51.4 0.379 (2013) 0.352 (2014 Estimated) 75% 99% 100% 100% 85% 0.20 (2013) 0.18 (2014 80% Estimated) Source:World Bank, “World Development Indicators”; for DOMLEC: CARILEC, 2014 Average Tariffs in EC Countries (2015); for GRENLEC: GRENLEC, Annual Report 2014, and CARILEC, 2014 Average Tariffs in EC Countries (2015); for LUCELEC 2014 Average Tariffs in EC Countries (2015); for VINLEC: Financial Statistics provided by the General Manager of VINLEC in December 2014; for SKELEC and NEVLEC: National Renewable Energy Laboratory, “Energy Snapshot: The Federation of Saint Christopher and Nevis,” Energy Transition Initiative, Islands (March 2015, DOE/GO-102015-4581), accessed August 5, 2015, http://www.nrel.gov/docs/fy15osti/62706.pdf; Cartwright Farrell (NEVLEC), “Nevis Geothermal Project and Power Take-Off Presentation” (2012); CARILEC, 2014 Average Tariffs in EC Countries (2015); and SKELEC, “Request for Proposal: SKELEC’s Renewable Energy Infusion Study” (2013). The market structure All countries except for Saint Kitts and Nevis have one vertically integrated electricity utility, responsible for generation, transmission, and distribution of electricity. In Saint Kitts and Nevis, there is a vertically integrated electricity utility that is responsible for generation, transmission, and distribution of electricity on each island. There are no interconnections of the electricity grids between the countries. Although IPPs are allowed to generate electricity to sell to the utility, only one IPP operates in Nevis.133 The majority of DOMLEC, GRENLEC, and LUCELEC are privately owned, while VINLEC, NEVLEC, and SKELEC are entirely state-owned (see Table 10.2). Table 10.2 Dominica Grenada Saint Vincent and the Grenadines Saint Kitts and Nevis Saint Kitts and Nevis Saint Lucia Market Structure of the Electricity Sector in the Eastern Caribbean Country Utility Jurisdiction Government Role IPPs Allowed? Ownership (%) DOMLEC GRENLEC VINLEC NEVLEC SKELEC LUCELEC All All All Nevis Saint Kitts All 21% 21.6% 100% 100% 100% 45.4% G, T, & D G, T, & D G, T, & D G, T, & D G, T, & D G, T, & D Yes Yes Yes Yes Yes Yes Source:Note: G = generation, T = transmission, D = distribution. 133. Herbert Samuel, “A Review of the Status of the Interconnection of Distributed Renewables to the Grid in CARICOM Countries,” October 2013, accessed November 17, 2014, http://www.credp.org/Data/CREDP-GIZ_Interconnection_Report_Final_Oct_2013.pdf. 76PDF Image | Unlocking Geothermal Power Eastern Caribbean Powerhouse
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