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Ministry of National Security to host meeting on geothermal development plans for SVG next week


A meeting will be held next week to discuss the geothermal development plans for St Vincent and the Grenadines (SVG) and its realistic timelines and challenges.{{more}}

The meeting, which will be hosted by the Energy Unit in the Ministry of National Security, Air and Sea Port Development, will provide the opportunity for senior civil servants, members of Cabinet and Parliament, policy makers and other stakeholders to raise concerns at a national level about geothermal development for this country.

The consultation will take place on May 21, at the National Insurance Services Conference Room, from 9:30 a.m. to 12:30 p.m.

According to a release from the Energy Unit, on January 25, 2013, the government of SVG signed a Letter of Intent (LOI) with Light and Power Holdings Ltd and Reykjavik Geothermal Ltd. The LOI defined the objectives, activities, resources and timelines for the development of a geothermal plant in St Vincent and the Grenadines. Since then, all parties have been collecting various data and conducting further analysis for the feasibility of this project and ultimately the potential change to our current electricity structure and rates.

The panel for Tuesday’s meeting will also include Dr Joan Latchman and Dr Erouscilla Joseph of the Seismic Unit of the University of the West Indies, Jan Harke of the Clinton Foundation, Trent Phillip and Gun Orn Gunnarsson of Reykjavik Geothermal Ltd, Peter Morris of Light and Power Holdings and Gerald Weseen of Emera.