Saint Lucia: A Model for Caribbean Energy Independence

Saint Lucia relies on imported petroleum for over 99% of its electricity generation, burning 20.7 million imperial gallons of diesel annually for power generation.

Electricity in Saint Lucia costs about $0.34 per kWh on average for households, more than triple the U.S. average. The country spends approximately 6.75% of GDP on fuel imports for electricity.

All ten diesel generators are housed at a single power station, with aging infrastructure posing reliability challenges despite the utility's efforts to maintain service.

Replacing diesel generation with nuclear yields major savings on imported fuel, potentially saving $16-25 million annually.

With an SMR's low generation cost, there is potential to reduce end-user tariffs substantially, easing the burden on consumers.

The SMR project will directly create jobs in both the construction phase and long-term plant operations, boosting the local economy.

Consistent, non-intermittent power can attract data center facilities or cloud service hubs serving the Caribbean region, creating a new digital economy sector.

Inexpensive SMR power can afford large-scale seawater desalination plants to ensure a drought-proof water supply for communities and irrigation.

Affordable power allows Saint Lucia to pursue light manufacturing and assembly operations, diversifying the economy beyond tourism and creating skilled jobs.

By becoming the first Caribbean nation to deploy an SMR, Saint Lucia would establish itself as the region's clean energy leader and potential energy exporter to neighboring islands.

An SMR would significantly enhance Saint Lucia's national security by drastically reducing dependence on imported fuels, which currently account for 6.75% of GDP.

Saint Lucia has committed to a 14.7% reduction in greenhouse gas emissions by 2030 and 22% by 2035. An SMR would help exceed these targets and position the country as a climate leader.

SMRs incorporate multiple layers of safety, including passive safety features that automatically shut down the reactor in case of an emergency.

SMRs produce less waste than traditional reactors, and advanced technologies are being developed to further reduce and manage nuclear waste.

Comprehensive site assessments will be conducted to ensure the SMR is located in a geologically stable area with adequate cooling water and minimal environmental impact.

Unlike solar and wind, SMRs provide a consistent and reliable power supply, operating 24/7 regardless of weather conditions.

SMRs require significantly less land compared to large-scale solar or wind farms, making them ideal for island nations with limited space.

SMRs produce virtually zero greenhouse gas emissions during operation, contributing to a cleaner environment and helping Saint Lucia meet its climate goals.