PUBLIC NOTICE

 

PUBLIC CONSULTATION ON ENERGY STORAGE TARIFFS

 

The Fair Trading Commission (“the Commission”) is seeking the public’s input on the development of proposed energy storage tariffs (EST) for energy storage projects as well as the methodology for the determination of the tariffs. In the Barbados National Energy Policy, the Government of Barbados articulated its intention to move the island to a position where, by 2030, 100% of energy generated is by renewable energy (RE). The deployment of energy storage systems is critical to the national RE mandate and the sustainability and resilience of the national electricity grid. This consultation allows the Commission to determine the tariffs that will apply to energy storage technologies and the provision of ancillary services for the Barbados electricity grid.

 

As part of this evaluation process and pursuant to section 4(4) of the Fair Trading Commission (Amendment) Act, 2020 CAP. 326B of the Laws of Barbados, the Commission will consider written comments from interested parties on a number of matters which are outlined in the consultation document.

 

Comments should be submitted via mail or by email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it no later than 4:00 p.m., Friday April 21, 2023 to:

 

Chief ExecutiveOfficer

Fair Trading Commission

Good Hope, Green Hill

St. Michael

 

Copies of the consultation document may be viewed here or can be obtained from the Commission’s office between the hours of 9:00 a.m. and 4:00 p.m.

 

 

 

Dated this 31st day of March 2023