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 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 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.

Does Saint Lucia need a power supply?

For decades, Saint Lucians have benefitted from a reliable power supply, but at a cost. Our reliance on imported fossil fuels for the generation of electricity has left our small island nation vulnerable to external shocks, due to fluctuations in global oil prices over which we have no control.

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.