According to VINLEC, if the Government does not take action to diversify energy sources, seek for long-term energy security and promote energy efficiency, the energy sector will develop as follows: Peak electricity demand will be 27 MW on the island of St. Vincent by 2015 and 31 MW by 2020, together with reserve power requiring an installed capacity of 48 MW and 55 MW respectively.  Additional capacity will be based on diesel-powered generators and/or heavy fuel oil (HFO).. Gross Electricity generation will rise to 158 GWh by 2015 and 184 GWh by 2020 (VINLEC, 2009), leading to an additional requirement of 1 million imperial gallons of diesel imports by 2015 and more than 3 million imperial gallons by 2020 (assuming that all new generation comes from diesel gensets). Consequently, CO2 emissions will also augment. For the smaller islands of SVG it is also projected that electricity consumption and load will increase over the next decade at a rate of 3% to 4% per year. The number of vehicles is projected to increase at a 2% rate per year (i.e. ~10,000 more cars will be imported by 2015). Meanwhile, fuel consumption in the transport sector will continue increasing as well, reaching 13 million imperial gallons of diesel and 8.3 million imperial gallons of gasoline by 2015, based on observed behaviour in the last years and expected increase in the transport fleet. 19 Based on current investments made by VINLEC and projected growth of the power sector 20 As it relates to projected development in the electricity sector only. 21 There is a considerable discrepancy between values reported by the Licensing Department and Statistics Office.