Tag: solar energy
CUC urge equitable rollout of solar for greener economy
(CNS): Caribbean Utilities Company said it welcomed the publication of the Value of Solar Study (VOSS) that was released by OfReg last week. The power company that owns the electrical infrastructure on Grand Cayman and generates more than 90% of the power through diesel said it strongly supports increasing solar deployment in a manner that […]
Solar report shows CUC underpaying on CORE
(CNS): A now dated and previously secret report on the value of solar has finally been released by the utilities regulator, OfReg. But because the report took two years to complete and was kept under wraps for even longer, it calls into question the usefulness and relevance of the work, which is now more than […]
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 […]
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 […]
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 […]
Policy falls short of a legal right to green energy
(CNS): The draft updated National Energy Policy includes changes promoting more equitable access to green energy sources. But officials have said the proposed new implementation plan only considers consumers’ right to access the national grid but doesn’t mandate it. Fourteen years after the CORE programme began, only 3.5% of local power comes from renewables, and […]
CORE rates for solar are fair to all, says CUC
(CNS): Grand Cayman’s power provider has said it will not increase the rates it currently pays for solar energy generated by customers in its CORE programme. Responding to a statement by the Cayman Renewable Energy Association, CUC said it is not against rooftop consumer solar but it “does not support paying inflated prices for energy” […]
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 […]
CUC opens grid for another 3MW of renewables
(CNS): As Cayman continues its painstakingly slow adoption of renewable energy, OfReg has cleared the release of three more megawatts of power for CUC’s CORE and DER Programmes, which allow customers to connect their solar and wind-generated power to CUC’s grid. While it is only a fraction of the power consumed each day, it was […]
OfReg finds consultants for solar market review
(CNS): The Utility Regulation and Competition Office (OfReg) has awarded a CI$78,000 contract to consultants to conduct a ‘Value Of Solar Study’ to help the country move towards its renewable energy goals. OfReg is responsible for regulating the emerging solar sector and this is a small step in the long process towards that aim. In […]
