Monopolistic
state-owned
utilities
are
often
considered
the
root
cause
of
stagnation
in
what
should
be
buoyant
renewables
markets,
given
the
abundance
of
sun,
sea
and
wind.
But
speculative
developers
with
questionable
intentions,
or
“raiders
of
the
Caribbean”,
as
one
Nevis
politician
puts
it,
are
also
to
blame
for
holding
back
progress.
The
most
recent
incident
is
the
case
of
the
much-anticipated
Nevis
geothermal
project.
Nevis
is
a
modest
island
of
93sq
km
—
a
sister
to
the
neighbouring
St
Kitts,
with
which
it
forms
a
nation
state.
Nevis
has
an
installed
generation
capacity
of…