PUBLIC NOTICE
REVIEW OF ENERGY STORAGE FRAMEWORKS AND TARIFFS
On June 28, 2023, the Fair Trading Commission (“the Commission”) issued its Decision on Energy Storage Framework and Tariffs, Document No.: FTCUR/DECEST/2023-03 (“the Decision”). This Decision determined the structure, rates and applicable size categories for a pilot program that would see the roll out and implementation of Battery Energy Storage Systems (BESS) projects in Barbados.
In accordance with the Decision, a review of the Framework and Tariffs will be conducted every two years or sooner if market conditions deem it prudent. The Commission is reviewing the decision and is now seeking public input to determine the appropriate applicable size categories and the cost assumptions which underpin the approved rates. The Commission views this framework as a critical component in facilitating the implementation of BESS assets, which are instrumental in advancing the development of renewable energy generation in Barbados.
As part of this evaluation process, and pursuant to section 4(4) of the Fair Trading Commission Act, CAP. 326B of the Laws of Barbados the Commission will consider written comments from interested parties on the matters outlined in the consultation document.
Electronic submissions in the form of a Microsoft Word format or Portable Document format (‘.PDF’) should be accompanied by a cover letter and be sent to
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
and copied to Mr. Kevin Webster, General Legal Counsel and Commission Secretary at
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Alternatively, responses may be mailed, or hand delivered addressed to the Commission Secretary at:
Fair Trading Commission
Good Hope, Green Hill
St. Michael BB12003
Responses should be submitted no later than 4:00 p.m. on February 7, 2025.
Dated this 12th day of January, 2025
|