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Table 14. Nevis Electricity Market Summary Item Value Notes Plants Capacity (MW) Diesel (MW) Wind (MW) Peak Demand (MW) Total Electricity Generated (GWh) Total Electrical Sales (GWh) 1 7 Diesel generators at Prospect Power Station (NEVLEC). 1 8 275kW-Vergnet Wind Turbines at Maddens (WindWatt). NEVLEC’s last expansion was 2.7MW in 2002. WIP developing 10MW geothermal by 2011 for local use. WIP expects 30 MW additional for export to St. Kitts. 9.0 Wilson, et al. expect growth to 15.9 MW by 2015. 56.1 Recorded by NEVLEC. 44.7 Experienced 4.6% annual growth during 2006–08; overall revenues similarly had 5.1% annual growth during 2004–08. 15.6 13.4 2.2 Efficiency (%) 35% Unit Retail Price (U.S. $ per kilowatt-hour) Averaged U.S. $0.21 per kilowatt-hour during 2006–08. Peaked close to U.S. $0.40 per kilowatt-hour (without fuel subsidy) in 2008. 0.22 Values current for 2008. Sources: Wilson 2009, Nexant 2010; plants and expansion: NEVLEC 2010, West Indies Power 2010. Figure 20 describes the historical electricity generation in St. Kitts and Nevis. During the last 30 years, the growth of electricity generation has been exponential. Figure 20. Electricity generation on St. Kitts and Nevis ! 3.5.4 Electricity Demand Electricity demand for the nation is expected to grow steadily in the future, at 5.6% annually into 2015 (Wilson 2009, pp. 98–99). Among the economic sectors, more energy is expected to be demanded by the hospitality sector in the future. In St. Kitts, the economy is in transition, as the government closed the sugar industry in 2005 (CIA 2010). 65PDF Image | Energy Policy and Analysis Caribbean
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