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Policies in the energy sector The government’s policies in the electricity sector aim to reduce energy prices, increase environmental sustainability, and reduce fossil fuel use. The Low-Carbon Climate-Resilient Strategy, adopted in 2012, sets out many of the government’s objectives for the energy sector— it envisions a “low-carbon, climate-resilient” development strategy. Specifically, it identifies the objectives of developing renewable energy projects and promoting energy efficiency and energy conservation programs.222 The government has also drafted three other key documents for the energy sector: the Geothermal Resources Development Bill (2013), the Draft National Energy Policy (2014), and the Draft Sustainable Energy Plan (2014).223 These documents have not been approved, but would establish the government’s objective for the energy policy as to “pursue sustainable energy that is reliable, extends access to energy, and provides energy at the lowest possible cost”224 and would identify the actions needed to achieve those goals. The Geothermal Resources Development Bill (2013) was first developed in 2012 and has undergone a process of revisions since then. According to the prime minister, the Ministry of Energy and the attorney general’s office have approved the Geothermal Bill. It is now undergoing a final revision to address stakeholder comments and will soon go to Parliament.225 The Geothermal Bill “provides for the regulation of geothermal resources with the objective of ensuring the sustainable development of the resource, and ensuring its allocation to the uses that are most economically beneficial to Dominica.”226 In particular, the Geothermal Bill: • Establishes procedures for allocating geothermal resources in Dominica, including a “competitive track,” under which the government tenders out a concession and awards it to the best bidder presenting the best option, and a “negotiated track” for cases where there is not sufficient information for competition to work; • Creates a statutory board to advise the minister responsible for energy (who in turn advises the cabinet) on geothermal resource development; and • Establishes an approach for securing approvals to develop geothermal projects. 222. Government of Dominica, “Low-Carbon Climate-Resilient Strategy 2012 to 2020” (2012), accessed October 30, 2014, https://unfccc. int/files/cooperation_support/nama/application/pdf/dominica_low_carbon_climate_resilient_strategy_ _(finale).pdf. 223. Lancelot McCaskey, “The Independent Regulatory Commission’s Position on RE including Geothermal Energy Development in Dominica” (The Caribbean Renewable Energy Forum, March 2014). 224. Government of Dominica, “Draft National Energy Policy,” April 15, 2014, accessed October 28, 2014, http://www.cipore.org/wp- content/uploads/downloads/2014/04/FINAL-NEP-Final-Draft-Commonwealth-of-Dominica-140415.pdf. 225. “Dominica seeks $50m loan for Geothermal Project from World Bank,” ThinkGeoEnergy, May 19, 2015, accessed December 3, 2015, http://www.thinkgeoenergy.com/dominica-seeks-50m-loan-for-geothermal-project-from-world-bank/. 226. Government of Dominica, “Draft Geothermal Resources Development Bill,” January 7, 2013, p. 2, accessed April 27, 2015, https://unfccc.int/files/cooperation_support/nama/application/pdf/geothermal-resources-development-bill-current-jan-30-2013.pdf. 101PDF Image | Unlocking Geothermal Power Eastern Caribbean Powerhouse
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