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St. Kitts and Nevis Signs EC$15M Renewable Energy Programme with EU

by
March 8, 2019
in Featured, Press Releases
St. Kitts and Nevis Signs EC$15M Renewable Energy Programme  with EU
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St. Kitts and Nevis has signed a Sector Budget Support Programme with the European
Union for 5 million euros (EC$15.437M) aimed at supporting the country in
advancing towards energy self-sufficiency from local renewable energy sources. The
overall objective of the programme is to develop a sustainable energy sector through
the increased integration of renewable energy and energy efficiency technologies in
public facilities.

This three-year programme will also support the Government in its attempt to build
resilience within the energy and water sectors, to ensure that the population has access
to the basic needs of water and electricity when the country is severely impacted by
exogenous shocks such as hurricanes.

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Some specific outcomes will include the installation of energy efficient street lights,
the installation of underground electrical power supply to three pumping stations and
the establishment of an Energy Unit.

The contribution from the European Union is strongly aligned with the country's
efforts and plans to promote sustainable economic development and faster economic
growth through a linked series of policy initiatives and specific investments in the
energy sector. This ensures that the Government continues on its path towards
reducing its dependence on fossil fuels.

The need for this Programme became even more apparent following the passing of
Hurricanes Irma and Maria in September 2017 as St. Kitts and Nevis, a Small Island
Developing State (SIDS), continues to grapple with the effects of Climate Change and
environmental degradation which is exacerbated by the occurrence of natural
disasters.

The programme will also support private sector development and participation in the
renewable energy sector. In particular it will support specific economic investments
and energy reforms which promote business opportunities.

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