Mr. Mark Lambrides
Charlestown
May 19, 2008
Three Washington based renewable energy experts participated in a recent press briefing with officials of the Nevis Island Administration (NIA) to update the Press on matters pertaining to geothermal legislation. Policy and legal expert, in renewable energy resources, laws and commercial transactions at the United Nations Industrial Development Organization (UNIDO) Mr. John Armstrong said that he found it remarkable that the island of Nevis was able to develop its own resource.
The UNIDO expert stressed the importance of having the appropriate legislation and confirmed that the Ministry and the island’s electricity provider Nevis Electricity Company Ltd. (NEVLEC) had worked tirelessly to finalise the legal framework, which would govern geothermal energy on Nevis. Mr. Armstrong revealed that through the joint efforts of the NIA and NEVLEC and with some assistance from the Organization of American States (OAS) a solid legal framework was in place, and was an indication that protection would be made not only for the electricity prices for tomorrow but the electricity prices and the availability of the resources for generations to come.
He further elaborated on the need for specific geothermal legislation, to be appropriate for most legal systems. Geothermal energy, he explained, was unique and was normally addressed separately from other renewable sources of energy. He also clarified that it was not quite as necessary to legislate the other renewables because they fell under pre-existing laws. Mr. Armstrong lauded the NIA for its professionalism and unrelenting commitment to develop and finalise Nevis’ geothermal energy and its legislation.