{"id":315631,"date":"2024-01-21T08:00:53","date_gmt":"2024-01-21T12:00:53","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=315631"},"modified":"2024-01-22T10:41:53","modified_gmt":"2024-01-22T14:41:53","slug":"government-invested-closet-to-50-million-in-geothermal-project-so-far","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/governance\/government-invested-closet-to-50-million-in-geothermal-project-so-far\/","title":{"rendered":"Government has invested close to US$50 million in geothermal project, says Energy Minister"},"content":{"rendered":"
\"\"
Dr Vince Henderson – focus on Government and Development<\/figcaption><\/figure>\n

Energy Minister Dr. Vince Henderson has announced that the government has made great progress and is at a stage where it is ready to build the geothermal power plant for Dominica. He was speaking during the \u2018Focus on Government and Development\u2019 program on DBS Radio on Friday.<\/p>\n

According to him, wells have been drilled in Laudat where the geothermal plant is located and it has proven that Dominica has Geothermal resource potential, enough to transmit and distribute throughout Dominica.<\/p>\n

Government has made investments so far of close to US$50 million, half of which are grants that it has been able to attract from friends, donors, institutions as well as bilateral partners.<\/p>\n

\u201cHaving done that we have gotten to the stage where we are ready to actually build the power plant and to get the power to DOMLEC through a transmission system which will take us from the Roseau Valley all the way to Fond Cole,\u201d Dr. Henderson explained. \u201cWe have made great progress and we are very excited about where we are now, because we are at the stage where we are ready to actually start work on the power plant.\u201d<\/p>\n

Furthermore, he said the government did not choose geothermal because it was easy, geothermal was chosen because of the potential to transform Dominica.<\/p>\n

\u201cWe have the potential and some islands don\u2019t. So, we have the potential and we see how it can help to transform Dominica\u2019s energy landscape, but also we can change things around,\u201d he stated. \u201cBecause one of the highest costs of operations is energy\/electricity.\u201d<\/p>\n

Additionally, Dr. Henderson pointed out that it is one of the most resilient forms of renewable energy.<\/p>\n

\u201cSolar and wind are good, they have their place, but there are also some serious challenges that geothermal doesn\u2019t have,\u201d he noted. \u201cBecause, once you go, you drill, you build a proper housing or a proper facility for that plant, you don\u2019t have to worry about hurricanes. It\u2019s not like panels that can be blown away or broken if some flying object knocks it up\u2026\u201d<\/p>\n

Furthermore, he mentioned that geothermal energy goes 24\/7. \u201cIt just keeps on going,\u201d Dr. Henderson indicated. \u00a0\u201cIt doesn\u2019t stop as long as you maintain it properly.\u201d<\/p>\n

Government has signed an agreement with Ormat Technologies Inc of Nevada USA recently to ensure they can get a cost of generation, meaning that Ormat will sell power to DOMLEC at a rate that is much lower than what it currently costs to generate electricity with diesel generators.<\/p>\n

The company provides 80 percent of the equipment for geothermal power generation in the world using binary technology.<\/p>\n

\u201cIn terms of diesel it will knock off the fuel surcharge so we won\u2019t be paying fuel surcharge..,\u201d Dr. Henderson revealed.<\/p>\n

He said the plant will produce 10 megawatts of power which will, in effect, “knock off” the diesel generators that would have been required to provide that amount of power.<\/p>\n

This, he said, will reduce the fuel surcharge significantly.<\/p>\n

Government has been working on the geothermal project for the past 20 years.<\/p>\n

In October last year while speaking at the opening ceremony of a two-day \u2018Geothermal Global Partners Conference\u2019, Prime Minister Roosevelt Skerrit stated that a total of over EC$150 million<\/a> had so far been invested in Dominica’s geothermal project.<\/p>\n

\u201cOver US$55 million or EC [Eastern Caribbean] 150 million dollars have been invested thus far in this project,\u201d he said, adding that most of the investment was in infrastructure and that \u201c45 percent [about US25 million] of this cost has been shouldered by the government of Dominica, but significantly 55 percent of this funding has come in the form of infrastructure grants and technical assistance from partners.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Energy Minister Dr. Vince Henderson has announced that the government has made great progress and is at a stage where it is ready to build the geothermal power plant for Dominica. He was speaking during the \u2018Focus on Government and…","protected":false},"author":13,"featured_media":315632,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[279,22,286,77,235,285,9],"tags":[],"class_list":["post-315631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-environment","category-governance","category-homepage","category-homepage-carousel","category-infrastructure","category-news"],"acf":[],"yoast_head":"\nGovernment has invested close to US$50 million in geothermal project, says Energy Minister - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/governance\/government-invested-closet-to-50-million-in-geothermal-project-so-far\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government has invested close to US$50 million in geothermal project, says Energy Minister - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Energy Minister Dr. Vince Henderson has announced that the government has made great progress and is at a stage where it is ready to build the geothermal power plant for Dominica. 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