Government Treads Carefully as LUCELEC's Monopoly Ends in Renewable Energy Shift

As Saint Lucia aims to lessen its dependence on imported fossil fuels, the government is navigating the complex terrain of liberalizing its energy sector without jeopardizing the current grid. The Electricity Supply Bill, pending parliamentary scrutiny, intends to invite independent renewable producers while retaining LUCELEC's crucial role in this transition. LUCELEC currently possesses exclusive electricity generation rights until 2045. This bill aspires to sever fossil fuel reliance by embracing solar, wind, and other renewables, with all power still traversing LUCELEC's infrastructure.