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Posted: Saturday 14 November, 2015 at 12:17 AM
By: SKNIS, Press Release

    Basseterre, St. Kitts, November 13, 2015 (SKNIS)—Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has recently begun geothermal exploration exercises in the Sandy Point area around Brimstone Hill, going to the top of Mount Liamigua.

     

    Five geoscientists are presently in St. Kitts conducting feasibility studies in geophysics, geology and geochemistry. President of Teranov, Jacques Chouraki, says the prospects for geothermal energy on St. Kitts are promising.

    Cue In:                       “The initial results look pretty good … 
    Cue Out:                 ....geothermal resources available or not. “   

    In September of this year, the Honourable Ian “Patches” Liburd, Minister of Public Infrastructure, Posts, Urban Development and Transport, signed a Memorandum of Understanding (MOU) with Teranov, which includes a road map that can possibly see the production of geothermal energy in 2020.

    The decision to start geothermal exploration on St. Kitts....

    Cue In:                       ““was against the backdrop.… 
    Cue Out:                …. which 6 or 7 million dollars are current,”

    He underscored the point that fossil fuel costs are very exorbitant and that.....

    Cue In:                       “if we are going to continue.… 
    Cue Out:               …. we have two volcanoes.”

    Minister Liburd said that although the development of geothermal on Nevis has already started....

    Cue In:                       “we believe it would.… 
    Cue Out:                        ……. develop that resource.”

    Minister Liburd also shared that in the upcoming sitting of Parliament the regulatory framework will be laid with the tabling and first reading of the St. Christopher Electricity Act which is being amended to accommodate alternative energy, feeding tariffs, net billing, and solar, wind and geothermal energy....

    Cue In:                       “to speed up so to.… 
    Cue Out:               …. production in St. Kitts and Nevis.”

    Chief Executive Officer of SKELEC, Mr. Cartwright Farrell, said that....

    Cue In:                       “one of the good things about,… 
    Cue Out                 …. own climate change issues.”

    Chairman of the Board of SKELEC, Mr. Errol Liburd, who is an engineer by profession, said that geothermal energy will result in lower electricity generation cost that will redound to the benefit of the consumer paying less for energy.

     
     
     


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