PUBLIC NOTICE

 

DECISION ON THE BARBADOS LIGHT AND POWER COMPANY LIMITED’S APPLICATION FOR PREAPPROVAL OF INVESTMENTS AND COST RECOVERY THROUGH THE CLEAN ENERGY TRANSITION RIDER

 

On May 6, 2024, the Fair Trading Commission issued its Decision on the Barbados Light and Power Company Limited’s (BLPC) Application for preapproval of investments and cost recovery through the clean energy transition rider.

 

The Commission approved the following proposed investments for recovery through the cost recovery mechanism:

 

1. 15 MW of the 90 MW Battery Energy Storage Systems (BESS);

2. Automatic Generation Control Systems;

3. Distributed Energy Resources Aggregation and Control Platform; and

4. Interconnection Infrastructure to facilitate the integration of Independent Power Producers on the public grid.

 

The remaining 75 MW of BESS and Synchronous Condensers were not approved.

 

These proposed projects represent the BLPC’s first Clean Energy Transition Plan in support of the achievement of the Government of Barbados’ (GoB) transitional goal of 100% renewable energy (RE) by 2030.

 

The full Decision and Order can be accessed here.

 

Should you have any queries, you may contact the Commission at 424-0260 or email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 

 

 

Dated this 7th day of May 2024