BASSETERRE: Prime Minister Dr. Denzil Douglas says the continuing high cost of imported oil for electricity generation is not sustainable and his administration is pursuing alternative energy sources.
Following talks with representatives of the Clinton Foundation Climate Initiative, Dr. Douglas said the Foundation is providing technical support and will be working with the government of St. Kitts & Nevis to bring the cost of electricity down.
“We are dependent upon the importation of petroleum products, diesel in particular, from which we generate electricity; the fuel that we consume to generate electricity is diesel. Diesel is imported from overseas. It has been having a very unstable climb in the price.
“The price keeps going up with very few opportunities for it to come down and the more the price of the diesel goes up, the more therefore it costs us to generate electricity and thus the fuel charge on your electricity bill will be higher,” he said.
Douglas said the continuing high price of electricity is not sustainable.
“It means it cannot continue forever, it is going to create serious problems for us. We have agreed that they (the Clinton Foundation) are going to send a team here in two weeks’ time. They are going to look at where we have reached so far in removing ourselves from the dependence of fossil based energy or diesel energy; they are going to look at how much the Taiwanese have done so far in assisting us in the creation of a solar energy farm and their promised assistance with another two megawatt plant down there at the Agro Tourism Project.
“They are going to be looking at the prospects for wind energy that we have been working on for some time with the North Star Company. They are going to look at how we dispose of our waste and maybe how we might be able to work closely on a new project to convert waste into energy or electricity and then they would allow us with their support to find the necessary investors who will be joining with the government in joint ventures,” said Douglas.
He said the Clinton Foundation representatives will also provide technical support to the Nevis Island Administration with regard to the geothermal energy project on that island that has been ongoing for several years.
“They will also look at the potential of the island of St. Kitts to generate geothermal energy and thus revolutionize our dependence on fossil fuel energy in St. Kitts & Nevis and bring us into a new realm, where they will be green energy, cheaper energy, sustainable energy and this will impact on the cost of generating electricity and the consumers then, will pay less for their electricity use.
“This is a very important initiative that is being aggressively pursued by the Clinton Foundation. We expect the Clinton Foundation will work with us to impact positively on the lives of the people of St. Kitts & Nevis by bringing cheaper energy sources and thus cheaper electricity for the consumers of St Kitts & Nevis,” said Douglas.