PDF Publication Title:
Text from PDF Page: 092
FIGURE 11.5 Recommended PPP Structure for Saint Vincent and the Grenadines ADFD and IRENA Multilateral Development Banks Loan Grants Government Equity L&P Holdings and Reykjavik Geothermal Concession (exploration, production chilling, design, build, own, Geothermal operate, and finance) SPV (Off-taker) Payment Support Mechanism PPA (20-30 years) VINLEC Customers Equity Contingent Grants and Loans Commercial debt Commercial Leaders Sources: The percentage ownership of the SPV comes from the following source: Ellsworth Dacon, “Presentation: Geothermal Development in Saint Vincent and the Grenadines” (August 3, 2015, Malaysia), accessed December 3, 2015, http://www.irena.org/EventDocs/S5_Ellsworth_Da- con_St.Vincent_Malaysia_Presentation.pdf This model can be successful in Saint Vincent and the Grenadines for three main reasons. First, the proposed project developers have demonstrated commitment and have the expertise and resources. Light and Power Holdings knows the Caribbean energy market, and has partnered with Reykjavik Geothermal, who has solid technical expertise in identifying and developing geothermal resource; and the government can grant the right to develop the geothermal resource and owns the project’s off-taker. The fast progress of the project and the investment by Light and Power Holdings and Reykjavik Geothermal also indicate that the proposed PPP should be successful. Secondly, the project should be successful because it is likely a financeable project. The proposed project has the agreements needed to limit the risk faced by investors and lenders, which increase the likelihood of structuring a financeable project. In particular, the PPA and a payment support mechanism for VINLEC’s payments under the PPA reduce the revenue risk for the SPV. VINLEC would ensure full cost recovery by passing on the PPA rate to its customers through the tariffs. The concession agreement and the PPA would then ensure that the SPV is able to repay its debts and allow the investors to receive the expected return. Lastly, this project should be successful because of the potential size of geothermal resources on Saint Vincent. The geothermal resources on Saint Vincent are estimated to be large enough to power the planned 10–15 MW geothermal plant. The exploratory surveys provide potential investors with key information about the size and quality of the resource and with further confidence that Saint Vincent will be able to successfully develop a geothermal plant. 91PDF Image | Unlocking Geothermal Power Eastern Caribbean Powerhouse
PDF Search Title:
Unlocking Geothermal Power Eastern Caribbean PowerhouseOriginal File Name Searched:
Eastern-Caribbean-Geothermal-Powerhouse.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |