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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Below we provide a more in-depth description of the major responsibilities in the electricity sector and the bodies responsible for carrying them out. • Policymaking—The following two government agencies are responsible for policymaking in Saint Lucia: - TheMinistryofSustainableDevelopment, Energy, Science, and Technology is responsible for monitoring the energy sector, carrying out energy planning, and developing energy policy. It recently appointed a person that will be responsible for coordinating any PPP initiatives in the energy sector. When the National Utilities Regulatory Commission is created (see “Regulation” below), the Ministry of Sustainable Development will also advise and provide strategic direction to the National Utilities Regulatory Commission. 406 - The Cabinet of the Government of Saint Lucia also plays an active role in the development of the sector. It prepared the National Energy Policy, which lays out the planned reform of the energy sector, and establishes new renewable energy targets. • Regulation—There is no regulatory body in Saint Lucia. In the government’s 2014 Budget Statement, the prime minister announced the government’s intention to create the National Utilities Regulatory Commission, a multi-sector regulator for energy and water.407 Until the commission is established, the electricity sector will continue to be regulated by statute. The ESA establishes how the tariff should be adjusted and provides some basic service standards that LUCELEC must meet. The government’s role is limited to ensuring that LUCELEC complies with the law. The following government agencies are responsible for monitoring LUCELEC: - The Cabinet of the Government of Saint Lucia approves any sublicenses granted by LUCELEC to generate, transmit, distribute, or sell electricity. The Cabinet also has the power to revoke LUCELEC’s license after the first 55 years (with a 24-month notice). 408 - The chief electrical engineer of the Ministry of Infrastructure, Port Services, and Transport is in charge of carrying out electrical inspections at commercial and domestic sites to ensure public safety.409 - The Ministry of Finance, Economic Affairs, Planning, and Social Security is responsible for ensuring that LUCELEC follows the tariff determination guidelines established in the ESA.410 • Generation, Transmission, and Distribution— LUCELEC is a privately owned and vertically integrated utility with the exclusive license to generate, transmit, distribute, and sell electricity in Saint Lucia until 2045. In addition, LUCELEC is responsible for granting permits to customers to install distributed generators that use renewable resources and to sell the excess electricity to the grid. LUCELEC is also responsible for granting sublicenses for third parties that wish to generate, transmit, or distribute; however, no sublicense has been granted to date. 176

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