On Friday November 18th, 2022, a delegation from the Nevis Electricity Company Ltd. (NEVLEC) journeyed to our sister island St. Kitts to participate in an Energy Fair hosted by the Energy Unit of the Ministry of Public Infrastructure, Utilities, et […]
On Thursday November 17th and Friday November 18th, 2022, The Nevis Island Administration (NIA) and The Nevis Electricity Company Ltd. (NEVLEC) hosted Public Consultations in an effort to sensitize the general public on the Nevis Geothermal Wells Drilling Project. Thursday’s […]
The Nevis Electricity Company Limited (NEVLEC), in conjunction with the Nevis Island Administration (NIA), is planning to develop a 10MWs of geothermal energy for Nevis,. The Project is being considered to be partially financed by the Caribbean Development Bank (CDB) through the Sustainable Energy Facility for the Eastern Caribbean Global Credit Loan of the Inter-American Development Bank (IDB). As such, the Project must adhere to national guidelines as well as the International Finance Corporation’s (IFC) Performance Standards (PS) on Environmental and Social Sustainability (2012) and applicable IFC Environmental, Health, and Safety (EHS) Guidelines, as well as to the IDB Environmental and Social Operational Policies. ERM, an international sustainability consulting firm, was retained to prepare a Preliminary Supplemental Environmental and Social Impact Assessment (ESIA) of the Nevis Geothermal Project, to complement a 2017 EIA and 2020 Addendum carried out by Point Impact Analysis.
| A = Average Fuel Price for JULY | $14.86 ($/IG) |
| B = Fuel Base Price | $1.60 ($/IG) |
| C = Fuel Used for JULY | 288,676 (IG) |
| D = Electricity Sales for JULY | 4,775,786 (kWh) |
| VIEW FULL SURCHARGE REPORT | |
