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In 2008, a draft power purchase agreement template was prepared with the assistance of GSEII, followed by a wind energy–specific tailored PPA that was negotiated between a wind developer and the Nevis Island Administration. The PPA contains the technical schedules and the terms and conditions applicable for a predetermined period, normally 25 years. A PPA next to guaranteeing clarity and payment on delivery of power also allows the developer to secure finance for the construction of the wind farm which, for RETs, is the most capital-intensive phase of such projects. Although there is limited information publicly available on the nature and characteristics of such PPAs, it is a widely used policy instrument to promote RET development and deployment. The Nevis Geothermal Ordinance (“The Ordinance”) is another notable renewable energy–related instrument. It provides the definition and ownership of the geothermal resources and establishes corresponding regulations for the development of the resource. The Ordinance provides that IPPs with licenses to develop geothermal resources are allowed to transmit and distribute only to clients beyond the borders of SKN, based on clear prerequisites and guidelines including those related to royalties. Moreover, it ensures the adequate development of geothermal resources that foster the economic growth and welfare of Nevis and decreases dependency on fossil fuels. The Ordinance mandates the creation of a Geothermal Resources Advisory Committee to serve as an advisory group for developing adequate policy and providing advice to the ministry with responsibility for natural resources. 3.5.13 Assessment of the National Energy Policy and Action Plan The government’s vision for St. Kitts and Nevis in relation to energy is that it becomes “an island nation with a sustainable energy sector where reliable, renewable, clean and affordable energy services are provided to all its citizens.”17 The strategy planned to accomplish this vision is to increase diversification, utilization, and generation of indigenous or renewable energy resources; and to promote smarter, efficient, and innovative approaches. To support the implementation of the NEP, the action plan proposes short-term (1 to 5 years), medium-term (5 to 10 years), and long-term (10 to 20 years) tasks. In terms of policy expression, the national energy policy and action plan address issues including energy- sector management, diversification of energy supply, electricity generation, transportation, and energy use. 3.5.13.1 Energy-Sector Management The policy objective for the management of the energy sector is “efficient and well-coordinated planning and management activities to ensure sustainable supply, generation, distribution and use of energy.”18 The policy statements in this section are sound. Additional statements on reporting requirements for high-consumption sectors; and the development of mechanisms to ensure inter- and intra-institutional cooperation should be included. Action Plan (AP): There seems to be some confusion regarding the establishment of a National Energy Committee under institutional requirements, as it is first listed as a “committee” then as a “commission.” Moreover, the AP indicates that the entity will function as a regulatory body, which raises the question as to how this comports with the role of the “Commission” identified in the revised Electricity Supply Act. This issue also arises in Section 2.1.3: Future Energy Structure, Market and Integration. It includes a mandate to “institute an independent and permanent Energy Regulatory Board for controlling energy market specifics like energy pricing for consumers. . . .” It is unclear why an 17 Supra note 1, at 23. 18 Supra note 16, at 24. 71PDF Image | Energy Policy and Analysis Caribbean
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