Tag: CORE
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 […]
OfReg clears more piecemeal CUC green capacity
(CNS): The Utility Regulation and Competition Office (OfReg) has given CUC the green light to release another 6MW of capacity for the Consumer-Owned Renewable Energy (CORE) and Distributed Energy Resources (DER) programmes in the continuing piecemeal approach to the adoption of renewable energy in Cayman. As the clock ticks on the government’s unrealistic goal to […]
CREA blames CUC for stalled adoption of green energy
(CNS): The rapid uptake of the latest release of just 3MWs of renewable energy capacity under CUC’s CORE programme is due to the “scarcity and artificial demand” intentionally created by CUC and allowed by OfReg, according to Cayman Renewable Energy Association Chairman James Whittaker. In a statement posted on social media, he said the latest […]
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 […]
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 […]
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 […]
Homeowners snap up green energy option
(CNS): The Ministry of Commerce, Planning and Infrastructure (CPI) has re-allocated 700 kilowatts from the government’s Consumer Owned Renewable Energy (CORE) power capacity, paving the way for affordable and smaller homes to include solar panels and allowing more people in the community to use renewable energy while remaining on the CUC grid. The policy change […]
