A BRAND NEW ENERGY POLICY
From the Bahamas Information Services:
June 13, 2024
Contribution by Minister of Energy and Transport, the Hon. JoBeth Coleby-Davis to Budget Debate 2024/2025 in the House of Assembly, June 12, 2024 — to the theme, “Changing the Status Quo, Changing Lives.”
In her presentation, Minister Coleby-Davis stated the comprehensive plan to tackle and resolve the current energy crisis comprises these reforms:
1 – Building of utility-scale solar power in the Family Islands
2 – Expansion of solar projects on New Providence
3 – Modernization of the Electricity Grid and Transmission and Distribution Network for New Providence, through a joint- venture partnership between BPL and Island Grid
4 – Transforming Energy Generation through LNG Implementation in New Providence, and
5 – Equity Rate Adjustment