Saint Lucia success energy

What are Saint Lucia's energy goals?

In 2014, the Government of Saint Lucia announced refined energy targets, setting a renewable energy penetration target of 35 per cent and an energy eficiency target of 20 per cent reduction in consumption in the public sector, both to be achieved by 2020.

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.

How much electricity does Saint Lucia have?

LUCELEC has an installed electricity generating capacity of 78.4 megawatts (MW), with peak demand of 60 MW. Most of the island’s energy is produced from imported diesel fuel that powers electrical generators. Saint Lucia’s electricity rates are more than triple the U.S. average.

Is Saint Lucia reliant on fossil fuels for electricity generation?

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. Electricity Sector Data

When did Saint Lucia start regulating electricity?

In 2010, Saint Lucia began a process to revise the electricity regulatory framework (last updated in 2006), including the concessionary agreement, in line with national objectives to increase the use of renewable energy. In early 2016, a new independent National Utilities Regulatory Commission (NURC) was established.

How will energy storage benefit Saint Lucia?

These diverging interests make it dificult to secure a successful contract that benefits Saint Lucia. Energy storage, in the form of batteries, will play a role in the Saint Lucia electricity system by avoiding reserve capacity and facilitating the integration of variable renewable energy.