ST. GEORGE’S, Grenada, CMC-The Public Utilities Regulatory Fee (PURC) stated Friday introduced Friday that it had granted licenses to the buyers within the Small-Scale Impartial Energy Producers (SSIPP) pilot venture.
It stated the eight buyers have been granted licenses to start the technology of renewable vitality from their photo voltaic services, marking a key milestone in advancing Grenada’s vitality sector and, by extension, the PURC’s renewable vitality mandate.
The PURC launched its pilot SSIPP program in 2021, permitting investments within the renewable vitality sector. This program sought to extend the penetration of inexperienced vitality into Grenada’s nationwide grid, which can be facilitated by Grenada Electrical energy Providers Restricted (GRENLEC).
“This system took fairly some time as a result of we needed to develop a rigorous regulatory framework for a profitable introduction. This program is meant to offer energy producers in Grenada the flexibility to personal photo voltaic crops to supply renewable vitality that they will then promote to GRENLEC,” stated PURC chief govt officer Andrew Millet.
“Most of Grenada’s vitality is produced from thermal generator crops, and over 100 and fifty million {dollars} are spent on gasoline for these turbines yearly. We intend to cut back this considerably within the coming years by having extra photo voltaic crops put in. That is just the start with this pilot, the Small-Scale Impartial Energy Producers program,” he added.
The PURC stated buyers should submit a Request for Proposal (RFP) for the second iteration of the SSIPP Programme by October 10 this 12 months. Chosen bidders can be notified, and the documented procedures for granting technology licenses can be adopted. As soon as accepted and distributed to the related licensees, GRENLEC and every licensee will signal Energy Buy Agreements.
“On behalf of GRENLEC, we’re more than happy to be at this level the place we will signal the Energy Buy Agreements. With regards to renewable vitality, we began manner again in 2007; we have been one of many first utilities within the area to have small homeowners with their PVs interconnected to the nationwide grid,” stated GRENLEC’s performing common supervisor, Clive Hosten.
“Nevertheless, it is very important perceive that whereas we’re extraordinarily and pro-renewables, we have now to have a look at this holistically as we’re those working the grid. Thus, we should be certain that we have now dependable electrical energy for all our clients”, Hosten added.
The Public Utility Regulatory Fee’s Small-Scale Impartial Energy Producers program units the stage for additional developments in Grenada’s renewable vitality panorama, fostering larger independence in vitality technology and contributing to bigger local weather objectives.
“As Grenada advances in direction of a sustainable vitality future, the Fee, by means of its SSIPP program, stays devoted to growing renewable vitality consciousness and utilization to help the discount of carbon emissions throughout the tri-island state,” it added.
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