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In my view, the present government of T&T is using the data centre push to diversify our economy from dependence on oil and gas and downstream oil and gas products like methanol, to a more modern industrialised economy.
Data centres will consume large amounts of energy, but any economist will tell you energy consumption correlates with GDP growth. Likely, natural gas will be a major energy input in this process, but in the long term, there is hope to pivot to renewables. However, given the forex shortage in T&T, it would be impossible for the government to invest in renewables at a large scale without massive inflows of forex, which the data centre will help provide.
A 2016 engineering research paper by K Hall and G Shrivastavab entitled Marine Current Power Generation in Trinidad: A Case Study concluded that it was feasible to use the Serpent’s Mouth and the rapid waters flowing through the Bocas for power generation.
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