Implementation of Geothermal Energy at Montserrat as a Public Private Partnership (PPP) Arrangement
Keywords:Geothermal Energy, Public Private Partnership (PPP) arrangement, Energy Policy, Montserrat
Though geothermal energy is a much more involved and expensive undertaking than solar or wind, the benefits may well be worth the effort. It is geothermal energy that holds real promise for Montserrat as she seek to gain greater energy independence, reduce energy costs, and drive towards sustainable development. In this paper, we examine and discuss how the implementation of Geothermal Energy will be a contributing factor to the consumers and economic growth and development of Montserrat. The Institutional and Management mechanisms to be put in place if Geothermal Energy was to be implemented as a Public Private Partnership (PPP) arrangement are also discussed before explaining the challenges and solutions foreseen in implementation of Geothermal Energy as a Public Private Partnership (PPP) arrangement.
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