Tag: renewable energy

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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CUC’s use of renewable energy up 250%

CUC’s use of renewable energy up 250%

| 02/05/2018 | 13 Comments

(CNS): As Caribbean Utilities Company published its financial results for the first quarter of 2018 this week, Grand Cayman’s power provider has also revealed an increase in renewable energy use on the grid from 1 million kilowatts to 3.5 million kilowatts — a 250% jump from the same period last year. The company’s residential customer base […]

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