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