Dominica to use geothermal energy
to reduce electricity costs
Mar 24, 2008 - BBC Monitoring
Dominica says it intends to fully exploit the geothermal
potential of the island so as to transform its economy
and improve the lives of its citizens. "Potentially
the development of geothermal resources could become
the single most important economic activity on the
island for decades to come," said Energy Minister
Charles Savarin. "What oil and natural gas has done
for petroleum-exporting countries, geothermal energy
can do for Dominica," Savarin said. He said geothermal
could significantly reduce the cost of electricity
to consumers and would transform the island "from
being the OECS (Organization of Eastern Caribbean
States) state with the highest cost of electricity
to the OECS state with the lowest unit cost of electricity".
Trade and Foreign Affairs Minister, Dr Collin McIntyre
says he wants the generation of geothermal energy
to remain in local hands even as the European Union
announced a multi-million dollar project for the energy
sector. "What I would like for Dominica is the intellectual
property rights to geothermal. I want Dominica to
have in its grasp what belongs to us for the benefit
of the Dominican people," Mc Intyre said. Europe is
providing Euro 4 million (6.16 million US dollars)
towards developing the geothermal sector on a commercial
basis and McIntyre said while partnerships with international
firms would be required, Dominica must remain the
main beneficiaries of its geothermal resource. The
European Union funded project is intended to measure
the size of Dominica's geothermal resource and its
chemical characteristics, conduct a feasibility study
to supply electricity to neighbouring islands and
to conduct an Environmental Impact Assessment. A feasibility
study is now being undertaken on the project and would
be used as a guide to lure potential investors towards
the geothermal sector. "We want the investment but
I don't want us to let it go completely where we have
no control over it. I am in favour of keeping the
benefit for Dominica," McIntyre said. Dominica also
intends to export geothermal energy to the French
islands of Martinique and Guadeloupe. The Dominica
Electricity Services (DOMLEC), which has a monopoly
on electricity production, has already indicated that
it wants to be part of efforts of the commercial project.
Source: Caribbean Media Corporation news agency website,
Bridgetown, in English 1800 gmt 24 Mar 08
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