Showing posts with label Bahamas Energy Policy. Show all posts
Showing posts with label Bahamas Energy Policy. Show all posts

Wednesday, September 24, 2014

Bahamas National Energy Policy 2013-2033


Bahamas Energy Policy


20-Year Energy Policy Outlined


By Jones Bahamas:


Environment and Housing Minister Kendred Dorsett on Monday released The Bahamas National Energy Policy 2013-2033 a document which serves as the road plan to securing the energy future of The Bahamas.

Minister Dorsett said recognising the critical need for reform within the energy sector of The Bahamas, the government has set out to effect transformation through legislation and policy changes.



“In August of 2013, Prime Minister Perry Christie, released a document on behalf of the government, stating the case for energy sector reform with several key objectives.   All of which when achieved would lead to a, modern, diversified and efficient energy sector, providing Bahamians with affordable energy supplies and long term energy security towards enhancing international competitiveness and sustainable prosperity.’

“The document also foreshadowed, at the time, the realignment of the Bahamas Electricity Corporation (BEC), which is key to real reform within the sector.   In the past two years, in the furtherance of our objective to change the energy sector, this administration has established an Energy Task Force which was charged with advising on solutions to reducing the high cost of electricity.   We eliminated the excise tax on fuel used by BEC in the 2013-2014 budget.

“We eliminated tariffs on inverters for solar panels and LED appliances to ensure that more our citizens would be able to afford these energy saving devices.    With the assistance of the Inter-American Development Bank (IDB) and the Global Environment Facility (GEF), the government was also able to advance two pilot projects devised to collect data on renewable energy technologies.   The first project provided for the installation of solar water heaters and the second project for the installation of photovoltaic systems in Bahamian homes.

The minister added that The Bahamas National Energy Policy 2013-2033 is a document which serves as the road plan to securing the energy future of The Bahamas, presenting the government’s vision and goals for a reformed energy sector after consultation with industry stakeholders.

The four goals covered in the policy are to ensure that Bahamians will become well aware of the importance of energy conservation, use energy wisely and continuously pursue opportunities for improving energy efficiencies with key economic sectors embracing eco-efficiency; ensuring that The Bahamas will have a modern energy infrastructure that enhances energy generation capacity and ensures that energy supplies are safely, reliably, and affordably transported to homes, communities and the productive sectors on a sustainable basis; ensuring that The Bahamas will be a world leader in the development and implementation of sustainable energy opportunities and continuously pursues a diverse range of well- researched and regulated, environmentally sensitive and sustainable energy programmes, built upon geographical, climatic and traditional economic strengths and ensuring that The Bahamas will have a dynamic and appropriate governance, institutional, legal and regulatory framework advancing future developments in the energy sector underpinned by high levels of consultation, citizen participation and public-private sector partnerships.

“This document provides the country with a guide to total energy reform by the year 2033 through strategic steps such as fuel diversification, infrastructure modernisation, renewable energy source development, conservation and efficiency.  It also includes a table for target evaluation and monitoring,” Minister Dorsett said.

“As it states in the policy, ‘to ensure that the goals of the policy are achieved, the government in consultation with the private sector and civil society will develop three year action plans that will enable the development of key actions to support the strategies articulated in the policy document.   These plans will provide detailed information on specific actions to be undertaken, the implementing agencies or stakeholders, time lines and costs.’”

In conjunction with the release of this policy document, Cabinet has also approved the framework for the Residential Energy Self Generation (RESG) and Renewable Energy Power Purchase/Inter- connection agreements prepared by BEC.

“The Electricity Act will be amended in short order to enable the government to advance the programme which will provide a framework for residential and certain commercial customers with renewable energy generation capabilities sited on their respective properties for serving their own electricity requirement to connect to the grid,” he added.    “The applicable renewable energy technologies will be wind turbines or solar photovoltaic power sources.   BEC will reserve the right to limit the number of services per individual, entity or classification.”

Minister Dorsett and Prime Minister Christie left the country yesterday as part of a delegation representing The Bahamas at the United Nations climate change summit being held in New York.

According to a statement released by the UN on its website, Secretary-General Ban Ki-moon has “invited world leaders, from government, finance, business, and civil society to Climate Summit to galvanise and catalyse climate action.

The prime minister is expected to address the general assembly today.

23 September, 2014

Jones Bahamas

Wednesday, April 6, 2011

Political interference has resulted in "low operating efficiency" and "misuse" of the Bahamas Electricity Corporation (BEC) - says Consultant's Report


BEC Bahamas


BEC 'misused' from political interference


By NEIL HARTNELL
Tribune Business Editor


Political interference has resulted in "low operating efficiency" and "misuse" of the Bahamas Electricity Corporation (BEC), a consultant's report has confirmed, urging that it be allowed to operate as a commercial, profit-driven business supervised by an independent regulator.

Fichtner, the German consultants hired to perform an overview of the Bahamian energy sector's ownership and regulatory structure as part of an Inter-American Development Bank (IDB) funded project, recommended that there be "a basic change in the institutional set-up and the existing framework of the regulatory sector".

Noting that BEC was currently under government control, with the administration and BEC effectively regulating itself, the Fichtner report concluded: "The existing direct relationship between the Government of the Bahamas and BEC.... creates direct political influence on the provision of services, which very often results in the misuse of the Corporation for political targets, low operating efficiency due to missing efficiency incentives and low accountability of the utility."

Consultants:

As a result, the consultants urged that going forward the Government had to confine itself to setting policy and strategies for BEC and the energy sector, overseeing their implementation.

An independent regulator, likely the Utilities Regulation & Competition Authority (URCA), was also recommended for the Bahamian energy sector, with BEC charged to "operate as a profitable, commercial enterprise" regardless of whether it is publicly or privately owned.

Fichtner's report also noted that BEC had a "quasi monopoly" under the existing Electricity Act, as no other person could produce power exceeding 250 kilowatts (kWh) without prior approval from the relevant minister.  The only exceptions to this were back-up generators.

"The Electricity Act, as the major piece of sector legislation, does not address the relevant issues that are required to implement the objectives of the Government of The Bahamas as set out in the National Energy Policy," the report said.  "In fact, the Electricity Act adversely affects the implementation of such policy, and is therefore suggested to be replaced."

Wednesday, April 06, 2011

tribune242