On the 5th of December a ground breaking ceremony was held for drilling of geothermal energy in Laudat. Drilling will be undertaken by the Icelandic Drilling Company who entered into a contract with the Government of Dominica in April 2011. The project which is worth over 17million dollars is funded by the French ,the European Union and the Dominican Government.
In 2008, Dominica spent $49.1 million on diesel import for the purpose of energy generation. In 2009 the figure was $63.1 million and in the first half of 2010 38.9 million.
It will be interesting to see how Domlec embrace Geothermal energy which Dominicans hope will lower their energy costs. At the present time excess solar energy can be given back to to domlec but no payment is recerived.
An interesting web site to read about the pros and cons of geothermal energy is http://www.energy-consumers-edge.com/pros_and_cons_of_geothermal_energy.html
