D.3.2 Private Sector Engagement (24) (25) To facilitate a more competitive environment, LUCELEC will be required to set up separate cost centres for generation, transmission, distribution and electricity sales in order that the costs related to each of these different operations can be accurately determined to the satisfaction of the Regulatory Commission. (26) (27) All investments in new power generation, transmission and distribution facilities in Saint Lucia will be through private sector interventions. LUCELEC will continue to operate as the only transmitter and supplier of publicly distributed electricity in Saint Lucia, as outlined in the Electricity Supply Act in force. It will also continue owning and operating the existing power generating facilities until the end of their economic lifetime. (28) National resource assessments will be performed in order to derive the technically and economically available indigenous energy resources that could be explored either for local use or for export. These results will enable the subsequent adjustment quotas for the contribution of realistic, cost-effective, competitive and affordable alternative energy generation as a fraction of the national electricity matrix. Alternative energy sources in this context include, among others: geothermal energy, wind energy, solar energy, waste energy, biomass energy, and hydropower, as well as technologies that may become commercially mature in the future. All existing licences held by LUCELEC shall continue to be governed by the Electricity Supply Act No.10 of 1994 and its amendments. Any new licences LUCELEC might obtain for future generation facilities in general will be valid for periods of up to twenty-five (25) years. In exceptional cases, and with significant economic reasons, this period may be extended. All generation facilities operated by LUCELEC will be licensed individually. In cases where LUCELEC does not comply with any of its generation obligations, as outlined in the approved national Power Expansion Plan, or in the Electricity Supply Act in force, the Regulatory Commission will, after a tendering process, recommend to the ministry with responsibility for Public Utilities the issuance of licences for operation with respect to the part of non-compliance by LUCELEC. Such licences in general will be valid for periods of up to twenty-five (25) years. This period may be extended in exceptional cases and with significant economic reasons. (29) Only LUCELEC, with the