Tag: CUC
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 […]
OfReg blames CUC’s failings for blackout warnings
(CNS): The Utility Regulation and Competition Office (OfReg) has rejected the idea that it is to blame for the possibility of rolling power outages on Grand Cayman this summer if, as expected, demand on the grid reaches the peak of CUC’s ability to generate electricity. For some time, CUC has been warning that the island […]
CUC warns rising heat could cause power cuts
(CNS): Grand Cayman’s sole power supplier, CUC, has issued a statement warning that its shrinking reserve margin means customers could soon see rolling power outages as the mercury climbs this summer. Growing demand driven by already record high temperatures, economic growth and delays in OfReg’s bid for new generating capacity for the grid means that […]
CUC kicks off 2024 with 18% earnings increase
(CNS): Grand Cayman’s power provider got off to a very profitable year with a $1 million rise in net earnings to over $6.2 million for the first quarter of 2024, an 18% increase compared to the first three months of 2023. A 6% increase in sales, a 2% growth in customers and an increase in […]
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 sues gas station boss over cash collected on bills
(CNS): CUC is claiming that the operator of the Eastern Avenue Rubis gas station failed to pay over $130,000 in bill payments collected from CUC customers when the station acted as an agent for the power company. In the first instance, CUC is seeking over $60,000 plus interest from Roger Tatum and his company, Serve-Pro […]
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 […]
Saltwater fizzes up CUC lines, causing outages
(CNS): Last week’s Nor’wester caused severe salt contamination to power lines around Grand Cayman, particularly in western and coastal areas, CUC has said. This salt contamination can cause electricity to track across the devices, resulting in buzzing and crackling sounds along with visible arc flashes. A spokesperson from CUC explained to CNS that this is […]
