Tag: alternative energy

Only 3% of 2020 power will be green

Only 3% of 2020 power will be green

| 23/11/2020 | 87 Comments

(CNS): As 2020 draws to a close, the president of CUC has said he expects the total percentage of power used in Cayman this year generated through green technology will just about reach 3%. With just 16 years to get to the government’s energy policy target of 70% of the islands’ electricity being generated through […]

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OfReg proposes new CORE rate for green power

OfReg proposes new CORE rate for green power

| 15/10/2020 | 14 Comments

(CNS): OfReg has proposed that CUC customers who are part of the power company’s green energy programme will receive just over 13 cents per kWh for the newly transferred allocation of 1-megawatt of capacity. This tranche of potential power provision is being moved from the Distributed Energy Resources (DER) programme to the Customer-Owned Renewable Energy […]

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Ministry to give one free energy ‘make-over’

Ministry to give one free energy ‘make-over’

| 07/10/2020 | 34 Comments

(CNS): The ministry responsible for energy has announced a competition to give just one home in Grand Cayman a free energy efficiency make-over. The gimmick is to promote a new 12-month public education campaign about the aim to reduce our dependence on fossil fuels to just 30% in less than 17 years. Cayman’s use of […]

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PR drive begins for three-year-old energy policy

PR drive begins for three-year-old energy policy

| 11/08/2020 | 20 Comments

(CNS): With the clock ticking on the ambitious goals set out in the National Energy Policy, which was adopted more than three years ago, the Ministry of Infrastructure is beginning a new public relations and education campaign to promote energy efficiency. However, government has not yet taken any meaningful action to achieve the goal of […]

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CUC’s CORE programme closed to new clients

CUC’s CORE programme closed to new clients

| 20/01/2020 | 52 Comments

(CNS): CUC has revealed its Consumer Owned Renewable Energy (CORE) programme is now fully subscribed and closed to new private customers. The quota for the initiative, designed to encourage people to produce their own renewable energy while staying on the grid, is full except for one remaining megawatt allocated to the public sector. This means […]

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OfReg proposes auction to attract green power

OfReg proposes auction to attract green power

| 30/09/2019 | 36 Comments

(CNS): The Utility Regulation and Competition Office (Ofreg) has published a consultation document on a proposed renewable energy auction scheme to attract providers of renewable energy. The idea is to have procurement auctions that will promote the steady deployment of green energy and keep the market competitive. OfReg said it would issue requests from potential […]

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CUC reports green energy use increase of 47%

CUC reports green energy use increase of 47%

| 18/02/2019 | 4 Comments

(CNS): Renewable energy on the CUC grid grew by 47% last year, according to the annual report of Grand Cayman’s monopoly power provider. At the end of the year, 343 of its near 30,000 customers connected almost 5,000 kilowatts of renewable capacity with the Customer Owned Renewable Energy (CORE) programme. Along with 5MW from the […]

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OfReg gives nod to CUC plan to ease off fossil fuels

OfReg gives nod to CUC plan to ease off fossil fuels

| 16/01/2019 | 19 Comments

(CNS): The utilities regulator, OfReg, has accepted a plan submitted by the Caribbean Utilities Company (CUC) that sets out a road-map for future energy use and a transition from a fossil fuel based portfolio to one dominated by renewable energy, introducing natural gas and increasing the storage and baseload of renewable generation technologies. The plan was prepared by […]

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Branson company buys Bodden Town solar farm

Branson company buys Bodden Town solar farm

| 10/01/2019 | 48 Comments

(CNS): BMR Energy, a regional sustainable clean energy company that is now owned by Sir Richard Branson, has acquired the 5MW solar plant in Bodden Town from Entropy Cayman Solar Ltd. According to a press release from the Virgin Group company, it will now take over the operations of the utility-scale solar project and the […]

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OfReg tries to steer CUC to reward renewables

OfReg tries to steer CUC to reward renewables

| 28/12/2018 | 27 Comments

(CNS): The Utility Regulation and Competition Office (OfReg) has approved changes to Caribbean Utilities Company’s terms of service that create more choices and promote the use of renewable energy. The revisions to Grand Cayman’s monopoly power provider’s service terms impacts how consumers acquire electricity and what they pay for it. Customers can continue to consume as they always have […]

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OTEC refutes OfReg CEO’s claims over cost

OTEC refutes OfReg CEO’s claims over cost

| 13/12/2018 | 49 Comments

(CNS): Cayman OTEC International Ltd, a company proposing to build an ocean thermal energy conversion plant of the North Coast of Grand Cayman, has said the acting CEO of OfReg, Gregg Anderson, was incorrect when he told Finance Committee recently that the project rate is too high to be viable. In a press release from the company about […]

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