Economics, Renewable Energy

Can Renewables Address the Economic, Social and Environmental Goals in the Caribbean?

The International Renewable Energy Agency (IRENA) in a ninety four (94) page publication titled "REthink Energy towards a new power system" articulated the point that policies that promote renewable energy can simultaneously address economic, social and environmental objectives. I too share this sentiment. As global warming becomes more apparent, policymakers in the developed world have… Continue reading Can Renewables Address the Economic, Social and Environmental Goals in the Caribbean?

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Economics, Wind Energy

The Economics of Wind Power in Jamaica

In late 2013, the Office of Utilities Regulation (OUR) named three preferred bidders for the supply of up to 115 MW (megawatts) of electricity generation capacity from renewable energy. The three preferred bids amounted to a total 78 MW of energy only renewable energy capacity, including two projects offering energy from wind amounting to 58 MW,… Continue reading The Economics of Wind Power in Jamaica

Economics, Renewable Energy

Distributed RE Integration Policies in the Caribbean

The high cost of electricity in the small islands of the Caribbean has drive the various governments to take a serious look at incorporating various forms of renewable energy source into their country's energy mix. As a result electricity markets across the region have seen the introduction of grid interconnection policies, allowing end users with… Continue reading Distributed RE Integration Policies in the Caribbean

Economics

Renewable Power is Cost Competitive

The International Renewable Energy Agency (IRENA) in its REmap 2030 report highlighted that "renewable technologies are now the most economic solution for new capacity in an increasing number of countries and regions." This was attributed to the declining cost to deliver electricity from solar photovoltaics (PV), concentrated solar power (CSP) and wind, meanwhile hydropower, biomass… Continue reading Renewable Power is Cost Competitive

Economics, Energy

Island Electricity Market Liberalization

The Islands of the Caribbean are known to have some of the highest electricity rates in the world, with the exception of only a few. The following chart shows the average price of retail electricity across the region.  These can be linked to, some extent, the existent of monopoly electricity markets in the region. The… Continue reading Island Electricity Market Liberalization

Economics, Solar Energy

Solar PPA – the straw to break the supply monopoly

Over the past couple of years I have listened to cries emanating from all sectors of the society to break the monopoly held by the Jamaica Public Service Company (JPS) on the nation's electricity market. The Honorable Minister, himself, Phillip Paulwell, has echoed similar sentiments and has publicly underscored his intention to break up the monopoly -… Continue reading Solar PPA – the straw to break the supply monopoly

Economics, Energy

JPS 2k13 Tariff Adjustment – impact analysis part 2

In this post, the sequel to JPS 2k13 Tariff Adjustment - impact analysis part 1, I will make good on my promise to provide detail impact analyses of the proposed 10.35% increase of JPS's non-fuel rates across the different class of customers. It turns out that in the submission to the OUR, JPS gave sample… Continue reading JPS 2k13 Tariff Adjustment – impact analysis part 2

Economics, Energy

JPS 2k13 Tariff Adjustment – impact analysis part 1

This has never been done before, at least not by me! In this post I will attempt to break down and assess, for the purpose of the readers, JPS's Annual Tariff Adjustment Submission to the OUR (Office of Utilities Regulations) for an increase in the Non-Fuel Base Rates for electricity for the period June 1,… Continue reading JPS 2k13 Tariff Adjustment – impact analysis part 1

Economics, Energy, Renewable Energy, Smart Grid

XenogyRE – humble beginnings

The motivation to start xenogy really originated out of my love for and interest in energy - clean, renewable and sustainable energy - and thus the name. My primary interest in energy sprung from my love of physics and by extension electronics and electrical, all of which I was exposed to at Holmwood Technical High… Continue reading XenogyRE – humble beginnings