ST. GEORGE’S, Grenada, May 24, CMC – The Grenada government says it is making significant headway in geothermal exploration on the island and thanked both the Japanese and New Zealand governments for pumping more than one million US dollars into the venture.
A government statement noted that ever since signing a 2014 agreement with New Zealand aimed at facilitating the exploration and eventual use of geothermal energy, several initiatives have been completed including the undertaking of extensive geochemical, geophysics and geological surveys as well as the analysis of the institutional, legislative and regulatory frameworks for undertaking environmental and social impacts relative to developments requiring such.
In in July last year, the presence of a high temperature geothermal reservoir, located north of Mt. St. Catherine was confirmed.
“It was also stated that this reservoir has a potential temperature between 220-2400C or higher, which if correct, is of a capacity to generate between 15-20 megawatts (MW) of power,” the statement noted.
It said that within the first quarter of this year, experts from both the Japan International Cooperation Agency (JICA) and New Zealand’s JACOBS completed: a second geoscience report on the status of the geothermal resource; a geothermal resources development roadmap and a preliminary civil engineering survey.
The statement noted also that in April, JICA’s Deputy Director for Central America and the Caribbean and his Deputy, Nakayama Shun visited Grenada and it was agreed that the immediate next step in the geothermal process will be the hosting of broad based Geothermal Forum before the second half of 2016.
“The government of Grenada welcomes the bilateral cooperation and the technical assistance provided by friendly Governments, and takes this opportunity to acknowledge its gratitude to the governments of New Zealand and Japan …for their demonstrated cooperation and collaboration in this initiative,” the statement said, adding that to date, more than one million US dollars has been spent by these governments on the Grenada Geothermal process”.