10 March 2020
Press Release
For Immediate Release
The Utilities Regulation and Competition Authority, URCA today issued the final document in respect of Guidelines for the Approval of Renewable Energy Self-Generation Projects (RESG) for Small and Commercial and Government. The document, (ES 05/2019), was first published for consultation on 26 September 2019.
The period for submission of written responses and comments to the consultation document was closed on 29 November 2019. Responses were received from Bahamas Power and Light (BPL) and several industry stakeholders. URCA thanks the respondents for their participation in the process.
In this Statement of Result and Final Decision, URCA:
- summarizes the written submissions received to the Public Consultation document (ES: 05/2019) on Guidelines for the Approval of Renewable Energy Self-Generation Projects (RESG) for Small Commercial and Government;
- provides URCA’s analysis of the submissions made by key stakeholders; and
- sets forth URCA’s Final Decision.
URCA, pursuant to Part V of the Electricity Act, 2015 (EA), is empowered to provide guidelines for the approval of Renewable Energy Self-Generation (RESG) projects. In so doing, URCA must have due regard to the Government’s National Energy Policy (NEP) and Electricity Sector Policy (ESP) objectives, whilst ensuring that the rules and established processes are consistent with applicable legislation. The legal framework for the EA places upon URCA the responsibility to take such action as it may deem necessary to ensure the availability, security, and reliability of Renewable Energy (RE) consistent with the NEP.
The full Statement of Results and Final Determination can be found here.