NewsSpeaking Out #BTSpeakingOut – Consider mini-power grids by Barbados Today 07/01/2024 written by Barbados Today Updated by Barbados Today Traffic 07/01/2024 2 min read A+A- Reset Share FacebookTwitterLinkedinWhatsappEmail 597 Disclaimer: The views and opinions expressed by the author(s) do not represent the official position of Barbados TODAY. by Michael Ray The chickens have come home to roost. Some years ago when this letter-writer had an issue with the Barbados Light & Power Company, it was drawn to both the company and the regulator that the โbuy all/sell allโ arrangement was disadvantageous to residential renewable energy (RE) producers. The disadvantage was simply that RE producers were not allowed to take advantage of the energy they were producing other than selling it directly to the utility company.ย The flawed regulation allowed the utility company to purchase renewable energy from individual producers, with the company selling energy back to producers at a higher price. This regulation and arrangement negatively affected the return on investment of small private producers whose systems were labelled and designated as โgrid-tiedโ. You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition Business owners disappointed Police investigate shooting Producers whose systems were fitted with a battery storage system had no such difficulty because they were not tied to the companyโs grid and were able to utilise all of what they produced. Lo and behold, the utility company is now declaring that they are unable to โbuy allโ because the grid is close to full capacity. Is this not a breach of the original regulations related to the production, sale, and distribution of renewable energy? Unless regulations governing renewable energy are streamlined with balance and equity for all stakeholders, then the Barbados National Energy Policy (BNEP) is doomed to fail. It would be a great idea to construct a series of mini-community grids in the various residential areas and abandon the current arrangements with the utility company.ย If Barbados Light & Power Company is unable to abide by the regulations set out by the Fair Trading Commission, then the private sector in conjunction with the government should ensure that the goals of the BNEP are achieved by the utilisation of mini-community power grids. The national plans and economic development of Barbados should not be derailed as a consequence of the business models and policies undertaken by locally operating multinational corporations. Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like Govโt pushes workplace wellness in biz tour 06/03/2026 Worrell: Barbados canโt get cheaper oil deals in CARICOM as regional trade... 06/03/2026 Govโt moving to clean up former Mobil refinery site 06/03/2026