Sustainable Sustainable Development in St. Development in St.

LuciaLuciaRenewable Energy Demonstration Renewable Energy Demonstration

Projects Projects

and Energy Efficiencyand Energy Efficiency

January 14, 2005January 14, 2005

University of VermontUniversity of Vermont Alexandra BamberyAlexandra Bambery

Sustainable Energy: The Sustainable Energy: The General ProblemGeneral Problem

LUCELEC relies on imported fuel / electrical appliancesLUCELEC relies on imported fuel / electrical appliances 98% of electricity in St. Lucia is produced using diesel fuel 98% of electricity in St. Lucia is produced using diesel fuel

(2003)(2003) St. Lucia has access to indigenous sources of energy yet to be fully St. Lucia has access to indigenous sources of energy yet to be fully

exploitedexploited WindWind SolarSolar GeothermalGeothermal Micro HydroMicro 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

Fuel Projections: True Fuel Projections: True or False?or False?

World Bank data predicts decrease in price; World Bank data predicts decrease in price; scientific evidence supports reason to believe scientific evidence supports reason to believe prices will increaseprices will increaseEnergy Source

Units 2003 2005 2010 2015

Coal $/mt 26.00 27.00 29.50 32.00

Crude Oil $/bbl 23.00 19.00 19.00 21.00

Natural Gas(Europe)

$/mm btu 2.80 2.60 2.75 3.00

•World Bank Development Prospects Group – projections as at November 12, 2002

The Hubbert Curves

Remaining Oil SupplyRemaining Oil Supply

plus co2plus co2

Margin of returnMargin of return

LUCELEC ProfitLUCELEC Profit

Taking Action and Taking Action and Making Progress Making Progress

““Renewable Energy Demonstration Renewable Energy Demonstration Country”Country”

Energy Awareness WeekEnergy Awareness Week Solar Hot Water / Renewable Tax IncentivesSolar Hot Water / Renewable Tax Incentives LUCELEC Planning Wind EnergyLUCELEC Planning Wind Energy Collaborating with NGO’sCollaborating with NGO’s Sustainable Energy Plan encourages Sustainable Energy Plan encourages

investing in energy efficiency and IPP’sinvesting in energy efficiency and IPP’s

St. Lucia Renewable St. Lucia Renewable Energy WorkshopEnergy Workshop

Village of Dennery

Dominica Renewable Energy Workshop:

Springfield Guest House