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PM of Dominica pleading for private sector support for geothermal project

PM of Dominica pleading for private sector support for geothermal project Drilling rig on project site, Dominica (source: Enorca)
Alexander Richter 5 May 2016

The Prime Minister of Dominica in the Caribbean pleads for private sector support for the island state's geothermal project.

At a recent meeting with Swedish Ambassador Claes Hammer, Dominica’s Prime Minister Roosevelt Skerrit pleaded with private sector organisations to invest in Dominica’s geothermal project which he considers critical to the island’s development.

Given the size of the island states, the lack of resources makes the choice between renewable energy investment and other major development challenging.

“We should never have a situation where our country should have to make a determination on whether we advance our renewable energy initiatives or divert the resources to other areas,” Skerrit said.

“The sustainable use of our natural resources are too critical to our survival for us to be forced to make a determination on whether we invest in geothermal energy or we reconstruct our roads. I believe that we should have sufficient access to the resources to allow us to do both simultaneously.”

The Prime Minister restated his Government’s commitment to the geothermal project.

“The project will be pursued by the Government whether it is with a loan or with a partner, I am saying that that project will be pursued by the people and Government of Dominica. I believe it is an opportunity for the private sector…to be part owners by putting equity into this project and having a joint project between the Government and yourself,” Skerrit said.

Source: The Daily Herald