Tag: alternative energy
OfReg poses increase to domestic solar generation
(CNS): The utilities regulator, OfReg, has said that an additional capacity of 3MW of Distributed Generation Resources (DGR) could be added to Grand Cayman’s transmission and distribution system to allow more domestic generation of renewable energy, given the level of demand, until CUC is able to complete its battery energy storage system (BESS) for its […]
Rate hike plugs CUC costs hole
(CNS): Despite having 762 more customers in the first quarter of 2021 compared to first three months of last year, CUC’s earnings fell because of higher depreciation, as well as general and administration costs, the company said Thursday in a release outlining its latest financial results. But the drop in profits for the monopoly power […]
CUC begins home battery pilot for green energy
(CNS): CUC is about to begin a pilot project, testing home battery storage for domestic solar panels and wind turbines. In a press release issued Tuesday, the power provider for Grand Cayman said it has partnered with a California-based company to try out its energy storage, management and monitoring system in ten test homes across […]
Slow progress on renewables an ‘abysmal failure’
(CNS): James Whittaker, the chairperson of the Cayman Renewable Energy Association, has said it is an “abysmal failure” that in twelve years of aiming to introduce alternative energy, Cayman has only managed to reach a renewable power provision of just 2.5%. He has warned that the country is “nowhere near meeting the goal” of 70% […]
CORE expanded as OfReg clears new rate
(CNS): OfReg has approved CUC’s new feed-in tariff rate for an additional five hundred kilowatts of capacity which was released under the of the Consumer Owned Renewable Energy programme (CORE), diverted from the Distributed Energy Resources (DER) programme to meet increasing demand from residential customers who want to use more of their own renewable sources […]
Only 3% of 2020 power will be green
(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 […]
OfReg proposes new CORE rate for green power
(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 […]
Ministry to give one free energy ‘make-over’
(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 […]
PR drive begins for three-year-old energy policy
(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 […]
CUC’s CORE programme closed to new clients
(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 […]
OfReg proposes auction to attract green power
(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 […]
