Energy
CREA welcomes ‘long overdue’ increased solar rate
(CNS): James Whittaker, the president of the Cayman Renewable Energy Association (CREA), has welcomed the recent changes made to CUC’s Consumer Owned Renewable Energy (CORE) programme after OfReg announced the rate paid by CUC to domestic renewable energy producers would increase. He said the long overdue improvement had been eagerly anticipated but disputed CUC’s claims […]
OfReg blames CUC for stifling solar with low CORE rates
(CNS): The utility regulator has approved new rates and capacity brackets to increase the number of people on Grand Cayman taking up renewable energy generation options. OfReg said CUC’s Consumer Owned Renewable Energy (CORE) programme rates have stifled the adoption of green energy in Cayman and have done nothing to advance sustainability goals in the […]
Power conference opens with regulatory meeting
(CNS): The Caribbean Electric Utility Services Corporation (CARILEC) and Caribbean Utilities Corporation (CUC) are hosting the annual CARILEC Resilient Energy Community (CAREC) Conference in the Cayman Islands this week. Over 120 members of the energy sector, including industry experts, government officials, regulators, renewable energy innovators, and stakeholders from the Caribbean, will meet under the theme […]
CUC seeks 100MW of solar energy and storage for 2027
(CNS): With an eye on the National Energy Policy targets and the increase in demand for power, CUC has made an application to OfReg for a Certificate of Need (CON) for 131 megawatts of generating capacity, which includes 100MW of solar and storage. The remaining 31MW will be generated from fossil fuels, either diesel or […]
CUC and CREA welcome revised energy policy
(CNS): The Cayman Renewable Energy Association (CREA) and CUC have welcomed the recent publication and Cabinet’s acceptance of the new National Energy Policy and its target of getting Cayman to a 100% renewable energy supply by 2045. After years of disputes, both parties have offered their support to the policy, which requires each of them […]
UPM green-lights new 2045 target in energy policy
(CNS): Cabinet has finally approved an updated National Energy Policy more than seven months after the draft was published. In a press release about the decision to accept the revised and more ambitious plan, drafted under Wayne Panton as the sustainability minister, the Cayman Islands Government acknowledged that the process needs to move more quickly, […]
CUC will battle in court to keep solar secrets
(CNS): Officials at the Caribbean Utilities Company have told CNS that their decision to challenge the release of two reports that CUC prepared for OfReg relating to the bidding process for future power generation is to protect “commercially sensitive information” that could help competitors in any future bids. The company also said it was in […]
Utility solar needed to avert power crisis, says CUC boss
(CNS): Richard Hew, the president and CEO of CUC, Grand Cayman’s electricity provider, has warned that the island is facing a power generation crisis because the company has surpassed its ability to meet peak demand with its existing fixed diesel generators and is currently resorting to temporary, leased machines to meet it. With the rapid […]
CUC denies conflict, blames licensing obligation
(CNS): Caribbean Utilities Company (CUC) has claimed it is not conflicted over the bidding process for the generation of renewable power, even though it worked with OfReg to shape the bid. Officials have said that under CUC’s Transmission and Distribution (T&D) Licence, it is obligated to assist the regulator with the facilitation of competitive bids […]
Students urge support for energy policy
(CNS): Local youth environmental activist group Protect Our Future recently hosted a demonstration and presentation of letters in front of the Government Administration Building last week to show their support for the plans and goals set out in the government’s revised National Energy Policy and to urge others to help roll out the adoption of […]
Renewables are the way forward, says ministry
(CNS): The Ministry of Sustainability has said that the draft revised National Energy Policy makes it clear that renewable energy is the way forward for Cayman and that any use of other fuels is expected to be just an interim measure that should not increase the cost of bills. The comments follow the revelation that […]
