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Sustainable Development in St. Lucia Sustainable Development in St. Lucia Renewable Energy Demonstration Projects and Energy Efficiency January 14, 2005.

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Presentation on theme: "Sustainable Development in St. Lucia Sustainable Development in St. Lucia Renewable Energy Demonstration Projects and Energy Efficiency January 14, 2005."— Presentation transcript:

1 Sustainable Development in St. Lucia Sustainable Development in St. Lucia Renewable Energy Demonstration Projects and Energy Efficiency January 14, 2005 University of Vermont Alexandra Bambery

2 Sustainable Energy: The General Problem LUCELEC relies on imported fuel / electrical appliances LUCELEC relies on imported fuel / electrical appliances 98% of electricity in St. Lucia is produced using diesel fuel (2003) 98% of electricity in St. Lucia is produced using diesel fuel (2003) St. Lucia has access to indigenous sources of energy yet to be fully exploited St. Lucia has access to indigenous sources of energy yet to be fully exploited Wind Wind Solar Solar Geothermal Geothermal Micro Hydro Micro Hydro No working models in the public eye No working models in the public eye Renewable systems require up front capital Renewable systems require up front capital

3 Fuel Projections: True or False? World Bank data predicts decrease in price; scientific evidence supports reason to believe prices will increase World Bank data predicts decrease in price; scientific evidence supports reason to believe prices will increase Energy Source Units2003200520102015 Coal$/mt26.0027.0029.5032.00 Crude Oil$/bbl23.00 19.00 21.00 Natural Gas (Europe) $/mm btu2.802.602.753.00 World Bank Development Prospects Group – projections as at November 12, 2002

4 The Hubbert Curves

5 Remaining Oil Supply plus co2 plus co2 Margin of return

6 LUCELEC Profit

7 Taking Action and Making Progress “Renewable Energy Demonstration Country” “Renewable Energy Demonstration Country” Energy Awareness Week Energy Awareness Week Solar Hot Water / Renewable Tax Incentives Solar Hot Water / Renewable Tax Incentives LUCELEC Planning Wind Energy LUCELEC Planning Wind Energy Collaborating with NGO’s Collaborating with NGO’s Sustainable Energy Plan encourages investing in energy efficiency and IPP’s Sustainable Energy Plan encourages investing in energy efficiency and IPP’s

8 St. Lucia Renewable Energy Workshop Village of Dennery Dominica Renewable Energy Workshop: Springfield Guest House


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