Modern energy pro Saint Lucia

What is the future of electricity in Saint Lucia?

At the same time, recent developments in energy efficiency, renewable energy, cleaner-burning fuels (e.g., natural gas), electricity storage, and advanced controls and metering present a myriad of opportunities. Saint Lucia’s current electricity system is well managed, reliable, and equitable.

What is the energy potential of Saint Lucia?

Saint Lucia is a volcanic windward island, with large tech- nical potential for geothermal, wind, and solar renewable energy generation, as well as use of solid waste generated by residents. Little technical potential for biomass or hydroelec- tric generation exists on the island.

What is Saint Lucia's energy transition opportunity?

RESULTS Saint Lucia’s energy transition opportunity provides a win-win situation in which the Government of Saint Lucia supports constituents through cheaper electricity, and LUCELEC continues to profit and provide reliable service.

Who is modern energy®?

Modern Energy® is a diversified clean energy company that launches, scales and operates energy transition platforms to help the world reach a carbon-free economy. We partner with early-stage entrepreneurs and developers. Our Capital + Culture + Capabilities approach is tailor-made to accelerate new platforms quickly and efficiently.

Is biomass a source of electricity in Saint Lucia?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important source in lower-income settings. Saint Lucia: How much of the country’s electricity comes from nuclear power? Nuclear power – alongside renewables – is a low-carbon source of electricity.

How much does electricity cost in Saint Lucia?

The 2015 electricity rates in Saint Lucia are $0.34 per kilowatt-hour (kWh), in line with the Caribbean regional average of $0.33/kWh. Like many island nations, Saint Lucia is almost 100% reliant on imported fossil fuels for electricity generation, leaving it vulnerable to global oil price fluctuations that directly impact the cost of electricity.