The Authorities of St. Kitts and Nevis is exploring a partnership with the Saudi Fund for Improvement for a deliberate geothermal energy challenge.
A delegation from the Saudi Fund for Improvement (SFD) visited the islands of St. Kitts and Nevis (SKN) to satisfy with key authorities stakeholders and discover the potential for a partnership for the geothermal challenge primarily based in Nevis.
The SFD workforce met with SKN Minister of Infrastructure Konris Maynard and different authorities officers through the go to. “[The] Saudi Fund Improvement Crew is on our stunning twin island to analyse first-hand the feasibility of the challenge and to satisfy with quite a few Key Authorities stakeholders as we map out the best way ahead to make Geothermal a actuality,” stated Minisiter Maynard.
In December 2022, NIA and the Authorities of St. Kitts and Nevis introduced a young for the drilling of three manufacturing wells and two reinjection wells to assist a possible 10-MW growth, with funding from the Caribbean Improvement Financial institution (CDB). The bidding interval needed to be prolonged twice, owing to the large present of curiosity that the tender attracted, earlier than being formally closed on April 2023.
In a newer growth, members of the Nationwide Meeting of St. Kitts and Nevis unanimously voted in favor of a decision that outlines the Authorities of St. Kitts and Nevis’ and the Nevis Island Administration’s (NIA) dedication to collaboratively pursue the event of geothermal vitality on Nevis.
On the COP28 in Dubai, SKN delegation member Mr. Ian Ward introduced a roadmap for the geothermal challenge. The plan consists of the event not simply of the geothermal energy challenge, but in addition a 66-kV transmission system that can cowl every island to permit for distribution of sustainable and dependable baseload energy.
The highway map outlines a number of phases for the challenge, in addition to estimated prices and goal completion date. The cumulative value for your complete geothermal challenge is estimated at USD 505 million. The final section of the challenge is predicted to be accomplished by the tip of 2028.
Supply: WINN Media SKN
