The body responsible for regulating electricity on the island has said measures could soon be implemented to ensure that Dominica fully benefits from government’s geothermal exploration thrust.
The Independent Regulatory Commission (IRC) has said it will implement proactive measures to ensure that Dominica’s consumers receive full benefits.
Executive Director of the IRC, Lance McCaskey, made these remarks at a one-day stakeholder consultation which is seeking to advance the process towards issuing a new license to DOMLEC.
“The potential for Dominica to export energy derived from the development of its geothermal resources. The commission has formed the view that regulatory and industry arrangements must facilitate the exploitation of this potential,” he said.
He pointed out that the initiatives being taken by government to develop the country’s geothermal resources enables the commission to be proactive in ensuring that if and when these facilities become operation, the full benefits will be derived.
Meantime IRC commissioner, Eisenhower Douglas, said Dominica is ahead of the other OECS countries in terms of updated electricity regulations.
“Dominica is considered a leader and a pioneer in having a modern system of electricity regulations. Generally within OECS countries, the prevailing system is somewhat similar to what exists in Dominica prior to the electricity supply act,” he explained.
He said as the implementation of the OECS Economic Union Treaty gets underway, it is anticipated that the other countries will gradually modernize their individual systems, using the regulatory regime in Dominica as their guide.
How about an electrical system that produces less outages to consumers? Let’s start with the basics first, before we begin patting ourselves on the back.
Mr. Douglas the regulations are all well and good, but after all is said, people just want lower electricity prices. Unless you can do that, all the regulations in the world will not amoung to anything.
Interesting.
New licence for DomLec on Geothermal.
But what about the Licence, already in place with WIP Dominica Ltd for the very same thing?
The current deal with both companies, means any deal with them, will not change a thing regards Dominica.
Dominican money will continue to follow OUT of Dominica and to the majority stakeholders in Florida.
So I say:
Cancel the WIP Dominica Ltd contract and let the DomLec licence lapse.
Then Dominica will be in the driving seat, in any new contract, with whoever steps up to the plate.
Has DOMLEC updated their system yet in order to accept excess power generated by wind and solar? I would not call a system modern that can not. Has the IRC taken any steps to see DOMLEC improve this situation. The hazards of large scale geothermal
systems are now well know. Will the IRC publish an outline of the oversight measures the commission will take not just to insure utility bills will be moderated, but also what safeguards and protections will be enforced regarding environment and health risks associated with this new facility. And what enforcement authority has it been granted.
beholder You must be some ediotic expert, fyi there will be a Geothermal Act 2013….
Why don’t you read up on the Act that governs the IRC before you come on here and spill out all sorts of rubbish?? Go on the Government of Dominica website and look it up…. All how information becomes readily available the more sheet all you eddiotic Dominicans that knows it all talks!!!!