DECISION
BARBADOS LIGHT & POWER COMPANY LIMITED’S APPLICATION
FOR THE RECOVERY OF THE RENTAL AND OPERATING COSTS OF
11 MW OF TEMPORARY AGGREKO GENERATOR UNITS THROUGH
THE FUEL CLAUSE ADJUSTMENT
The Fair Trading Commission (“the Commission”) remains committed to ensuring that
the public receives a safe, adequate, efficient and reasonable electricity service. This
regulatory oversight of the Commission brings into perspective the importance of
ensuring that generation adequacy and security of supply of the power system is not
compromised, specifically as Barbados transitions to a dominant renewable energy (RE)
power supply by 2030.
On January 29, 2024, the Barbados Light & Power Company Limited (BLPC) submitted
an Application to the Commission for the Recovery of the Rental and Operating Costs of
11 MW of temporary Aggreko Generator Units through the Fuel Clause Adjustment
(FCA).
On October 29, 2024, the Commission issued its Decision on the BLPC’s Application.
The Commission approved the following:
1. The rental of Aggreko units, 11 MW in capacity for a period of at least twelve
(12) consecutive months from the actual commercial operation date of the units
with the possibility of a further twelve (12) months being granted where the
Commission is satisfied that market conditions sufficiently warrant the need for
additional capacity at that time.
2. Costs associated with the rental of the 11 MW capacity for recovery via the FCA
commencing one (1) month from the date of this Decision for the approved
period.
The approved additional capacity is expected to bolster BLPC’s capacity reserve
provision over the twelve (12) month term in order to mitigate the impact of the high
penetration of RE online.
Should you have any queries, you may contact the
Commission at 424-0260 or email
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Dated this 29th day of October 2024
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