ST. GEORGE’S, Grenada, CMC—The Public Utilities Regulatory Fee (PURC), which final month introduced that it had granted licenses to buyers within the Small-Scale Impartial Energy Producers (SSIPP) pilot mission, mentioned Tuesday that it’s conscious of issues being skilled with the second tranche of the mission.
Eight buyers have been granted licenses to start the era of renewable power from their photo voltaic amenities, marking a key milestone in advancing Grenada’s power sector and, by extension, the PUC’s renewable power mandate.
The PURC launched its pilot SSIPP program in 2021, permitting investments within the renewable power sector. This program sought to extend the penetration of inexperienced power into Grenada’s nationwide grid, which might be facilitated by Grenada Electrical energy Providers Restricted (GRENLEC).
The PURC mentioned buyers should submit a Request for Proposal (RFP) for the second iteration of the SSIPP Programme by October 10 this yr. Chosen bidders might be notified, and the documented procedures for granting era licenses might be adopted. As soon as authorised and distributed to the related licensees, GRENLEC and every licensee will signal Energy Buy Agreements, it mentioned final month.
Nonetheless, in its assertion Tuesday, PURC mentioned it wished to tell all candidates and potential buyers within the second tranche of the SSIPP program of an vital replace concerning submitting enterprise instances and monetary proposals.
The Fee mentioned it is aware of that some candidates have to work on acquiring the grid improve (three-phase) prices from GRENLEC.
“Contemplating this, we’ve got determined to permit the submission of your small business case and monetary proposal with out together with these prices. The Fee will work instantly with GRENLEC to find out and incorporate the mandatory improve prices into the ultimate price willpower.
“We nonetheless ask that you just proceed your engagement with GRENLEC on the matter, as you have to that data ought to your software proceed previous the pre-approval part,” PURC added.
It mentioned that the deadline for submitting enterprise instances and monetary proposals stays October 10, 2024, and that “failure to fulfill this deadline will disqualify your software from advancing to the pre-approval part.”
The PURC mentioned it stays dedicated to advancing power independence throughout the tri-island state of Grenada, Carriacou, and Petite Martinique “via the promotion and implementation of sustainable power options such because the SSIPP program.”
PURC chief govt officer Andrew Millet mentioned final month that the majority of Grenada’s power is produced from thermal generator crops, and over EC$150 million (One EC greenback = US$0.37 cents) is spent yearly on gasoline for these mills.
“We intend to cut back this considerably by putting in extra photo voltaic crops within the coming years. That is just the start with this pilot, the Small-Scale Impartial Energy Producers program,” he added.
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