Unlocking Geothermal Power Eastern Caribbean Powerhouse

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Unlocking Geothermal Power Eastern Caribbean Powerhouse ( unlocking-geothermal-power-eastern-caribbean-powerhouse )

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Ordinance defines what a geothermal resource is and establishes the legal framework for exploring and exploiting geothermal resources in Nevis.325 The Geothermal Ordinance also establishes the Geothermal Resources Advisory Committee, which is led by the minister responsible for natural resources, to develop and implement renewable energy policies in Nevis.326 14.1.3 Institutional structure of the electricity sector Nevis Electricity Company Ltd. (NEVLEC), a vertically integrated and state-owned electricity utility, is the sole provider of electricity in Nevis. NEVLEC is overseen by the Ministry of FIGURE 14.1 Nevis Island Administration Housing. The Ministry of Finance is responsible for formulating energy policies for sustainable development at the national level.327 Figure 14.1 presents the relationships between the key entities in the Nevis electricity sector. Key Entities in the Nevis Electricity Sector Owner 100% Oversees the energy sector and grants and revokes licenses Nevis Electricity Company Ltd. (NEVLEC) Customers Geothermal Resource Advisory Committee Ministry of Housing, Public Works, Energy and Public Utilities Ministry of Finance, Sustainable Development and Human Resource Development Nevis Ministry of Communications and Works, Public Utilities, Posts, Physical Planning, Natural Resources, and environment Policymaking for sustainable energy development Coordinates and implements renewable energy policy Policymaking in energy sector and oversight over natural resources 325. “Landmark Geothermal Development Ordinance Passes in NIA,” WINN FM 98.9, July 11, 2008, accessed November 5, 20134, http://stkittsweb.com/winnfm/winnfm/www.winnfm.com/news275a1.html?NewsID=2503. 326. National Renewable Energy Laboratory and Organization of American States, “Energy Policy and Sector Analysis in the Caribbean 2010–2011,” accessed October 31, 2014, http://www.ecpamericas.org/data/files/Initiatives/lccc_caribbean/LCCC_ Report_Final_May2012.pdf. 327. 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. 145

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