Feasibility study proves geothermal potential of St. Kitts and Nevis

At the meeting, from left Mr. Joseph Williams; Dr. Devon Gardner; Dr. Vince Henderson; Hon. Ian Patches Liburd; Mr. Jacques Chouraki
At the meeting, from left Mr. Joseph Williams; Dr. Devon Gardner; Dr. Vince Henderson; Hon. Ian Patches Liburd; Mr. Jacques Chouraki (Photo via SKNIS)

Basseterre, St. Kitts, March 24, 2017 (SKNIS): A feasibility study done by Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has proven that there is potential in St. Kitts to develop at least 18 to 36 megawatts of geothermal power.

Speaking at the conclusion of a two day meeting of geothermal stakeholders, which was held at the Ministry of Finance Conference Room in St. Kitts from March 21- 22, Minister of Public Infrastructure, Honourable Ian Patches Liburd, hailed the findings as “heartening” but that the government is to consider the way forward.

Minister Liburd said that the meeting was convened with other stakeholder representatives including His Excellency Dr. Vince Henderson, Ambassador, Extraordinary and Plenipotentiary of the Commonwealth of Dominica to the United States; Jacques Chouraki, President of Teranov; Dr. Devon Gardner, Programme Manager for Energy at the Caribbean Community (CARICOM) Secretariat; Joseph Williams, Sustainable Energy Advisor at the Caribbean Development Bank (CDB); representatives from the St. Kitts Electricity Company Ltd (SKELEC), Ministry of Finance, Office of the Attorney General, and private sector “as it relates to solidifying our roadmap in respect of our geothermal development here on St. Kitts and in Nevis with particular focus on the development on St. Kitts.”

“We have so far done the 3G studies—the geological, geophysical and geochemical studies or the surface studies…there is potential on St. Kitts to develop at least 18 to 36 megawatts of geothermal power and that’s heartening for us here in St. Kitts and Nevis,” said Minister Liburd, while indicating that the next step is to consider the way forward for slim-hole and exploration drilling.

Geothermal Stakeholders Meeting  in St. Kitts and Nevis (Photo via SKNIS)
Geothermal Stakeholders Meeting in St. Kitts and Nevis (Photo via SKNIS)

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CDB announces US$40M in funding for poverty reduction in eight countries

BRIDGETOWN, Barbados –  The Caribbean Development Bank (CDB) has announced US$40M in funding for poverty reduction in eight countries in the Caribbean Region, through the Basic Needs Trust Fund (BNTF). 

The resources will support improved access to quality education; water and sanitation; basic community access and drainage; livelihoods enhancement and human resource development services in low-income and vulnerable communities under the ninth phase of BNTF (BNTF 9). Countries that will benefit are: Belize; the Commonwealth of Dominica; Grenada; the Cooperative Republic of Guyana; Jamaica; Saint Lucia; St. Vincent and the Grenadines; and Suriname.  

“The participating countries share many common characteristics and face a number of challenges inherent to small, open economies. BNTF 9 will respond to the development needs of these countries, which face challenges associated with limited diversity in production and extreme vulnerability to natural hazards, which is  now exacerbated by climate change and other external shocks,” said Daniel Best, Director of Projects, CDB.

Caribbean Development Bank
The Caribbean Development Bank (CDB), is a regional financial institution which was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. The Bank came into existence for the purpose of contributing to the harmonious economic growth and development of the member countries in the Caribbean and promoting economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the region (Article 1 of the Agreement establishing CDB). In the Revised Treaty of Chaguaramas, the CDB is recognised as and Associate Institution of CARICOM

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