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(SKNIS): The Honorable Konris Maynard, Minister of Energy for St. Kitts and Nevis, presented an ambitious vision for the nation''s sustainable energy future.
Speaking at the Energy Conference held at the Sir Cecil Jacobs Auditorium, Eastern Caribbean Central Bank, on November 28, Minister Maynard underscored the critical importance of energy in propelling the country towards sustainability. He detailed the government''s commitment to transforming St. Kitts and Nevis into a sustainable island state, highlighting key strategies to significantly boost the utilization of renewable energy sources across the country.
One of the key milestones in this journey is the exploration of geothermal energy in Nevis.
"Upon coming to the government we were presented with an opportunity that existed for the exploration or the fruition of geothermal in Nevis where it was required for the government to support an initiative for drilling of production wells in Nevis," said Minister Maynard, adding that the Labour-led Administration of St. Kitts and Nevis was completely on board with that initiative as it aligned with their sustainable island state agenda.
Minister Maynard outlined specific actions undertaken to reach an ambitious goal of 30% renewable energy usage within the next two years, with the aim of increasing this to 50-60% in three years. The government has introduced initiatives like tax incentives for renewable energy products and created a supportive environment for private investments in sustainability.
The Minister further emphasized a public awareness campaign aimed at encouraging citizens to embrace renewable energy practices, such as using energy-efficient LED lamps. Addressing the transformation of the transport system, St. Kitts and Nevis is being positioned as a prime location for electric vehicles. Minister Maynard noted that here in St. Kitts, the range of an electric vehicle, can span the entire island for a week on just one charge, presenting it as a feasible and beneficial option for our residents.
Addressing the need for a comprehensive strategy, Minister Maynard announced the development of a feeding tariff for renewables. This initiative aims to incentivize investors and homeowners to contribute to the energy grid by selling excess electricity, thus reducing dependence on fossil fuels for power generation.
The Minister''s vision and the government''s proactive measures underscore St. Kitts and Nevis'' commitment to a sustainable energy future, setting an example for other nations to follow.
St. Kitts was once known as the Gibraltar of the West Indies for its domination of 18th- century colonial battles. How the island rose to become the world''s leader in sugarcane cultivation, an inspiration for the industrial revolution in the process.
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St Kitts and Nevis'' journey from geothermal exploration to electric vehicles, discover the nation’s proactive steps in shaping a sustainable island state.
On 28 November 2023, in a compelling address at the Energy Conference, Minister Konris Maynard outlined a visionary plan to position St Kitts and Nevis as a beacon of sustainability in the Caribbean region.
Minister Maynard revealed a strategic roadmap aimed at achieving 30 per cent renewable energy usage within the next two years, with an ambitious target of 50 to 60 per cent in the next three years.
The plan includes tax incentives, private investments, and a public awareness campaign.
Addressing the transportation sector, the Minister positions St Kitts and Nevis as a hub for electric vehicles, emphasising their practicality and efficiency in covering the entire island on a single charge.
This move aligns with the nation’s commitment to reducing carbon emissions.
Minister Maynard announces the development of a feeding tariff for renewables, aiming to incentivise individuals and investors to contribute excess electricity to the grid.
This initiative plays a crucial role in reducing dependence on fossil fuels for power generation.
Minister Maynard highlighted the government’s support for geothermal energy exploration in Nevis, aligning with their commitment to becoming a sustainable island state.
Premier Mark Brantley of Nevis, emphasised St Kitts and Nevis’ full commitment to geothermal energy, signalling its status as a national project.
During the GEOLAC conference, Premier Brantley asserted that geothermal energy serves as the foundation for St Kitts and Nevis to construct the world’s first sustainable island state.
Premier Brantley outlined the broader vision of harnessing geothermal energy for the benefit of both Nevisians and Kittitians.
Highlighting the transformative potential, Premier Brantley emphasised that geothermal energy would enable St Kitts and Nevis to become the best place in the world to live, work, and do business.
Premier Mark Brantley expresses solidarity with Prime Minister Honourable Dr Terrance Drew at COP28 in Dubai, United Arab Emirates (UAE), making a strong statement on the urgent need for geothermal energy development.
Premier Brantley commended the UAE for its leadership role, specifically acknowledging the creation of a loss and damage fund to aid vulnerable countries in recovering from climate disasters.
He proposed viewing renewable energy as an international public benefit in terms of financing, differentiating it qualitatively from fossil fuel energy.
His call aimed at recognising the environmental impact and the planet-saving nature of renewable energy.
Geothermal energy promises to make St Kitts and Nevis the first nation independent of fossil fuels for electricity generation, marking it as the greenest place on earth.
Premier Brantley outlined the transformative impact, including economic security, clean energy, increased water supply, and affordable food production in the twin federation.
Premier Brantley envisions large deposits of geothermal energy in St Kitts and Nevis, positioning it not only to meet local needs but also to export renewable energy to neighbouring islands, fostering a revolutionary shift toward a new economy based on clean energy.
Premier Brantley pinpointed the necessity of investment for realising the promises of geothermal energy, stating that the government’s transformational initiatives require critical financing.
Calls for support from investors to contribute to this revolutionary pursuit of a newer, greener economy.
The St Kitts and Nevis Citizenship by Investment (CBI) programme becomes a strategic tool for attracting investment and fostering projects that align with the nation’s vision of becoming the world''s first sustainable island state.
The Nevis Island Administration, in collaboration with the Federal Government, is making steady progress in advancing the geothermal project.
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