Barrington Jackson – Generation Procurement Entity

THE FULL STORY

Another request for a proposal for a further 168 megawatts of renewable energy will be launched in the new financial year, which begins on April 1.

This is in addition to the supply of up to 100 megawatts of electricity generation, for which the Generation Procurement Entity invited tenders last September.

The disclosure was made by Governor-General, His Excellency the Most Hon. Sir Patrick Allen, as he delivered the Throne Speech to open the 2024/25 Parliamentary Year in Gordon House on Thursday (February 15).

The Governor-General said the Government continues to develop policies that will contribute to reducing Jamaica’s energy intensity and carbon footprint, while advancing the adoption of new technologies.

The policy and guidelines for energy efficiency and conservation in public facilities, particularly for schools and hospitals, and the electric vehicle policy, were tabled in Parliament in June 2023.

Efforts to diversify energy sources for public passenger vehicles for the Jamaica Urban Transit Company (JUTC) received a major boost with the acquisition of five battery electric buses, as well as 20 compressed natural gas (CNG)-fueled buses.

Increased focus will be placed on improved quality of service by telecommunications operators.

In addition, the Telecommunications (Quality of Service Standards) Rules, which establish the formal framework for the parameters and targets against which operators’ performance is measured, is to be published.

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100 MW renewable energy being sought in this latest call

Durrant Pate/Contributor

Jamaica has gone to market for 100 megawatts (MW) of renewable power, as the authorities have divulged the details of its planned Power Purchase Agreements (PPAs) being sought through Requests For Proposals (RFP).

The draft PPA term sheet just released by Jamaica’s Generation Procurement Entity (GPE), which issued a call for expressions of interest last month, outlined the process by which the government is seeking to procure PPAs for 100MW of renewable energy on a build, own and operate basis for an initial period of 20 years.

Based on the draft PPA term sheet winners of the bidding process will enter into PPAs with the buyer, the Jamaica Public Service Company. These PPAs are eligible for an extension, subject to approval from the Office of Utilities Regulation (OUR), which regulates Jamaica’s energy sector.

The term sheet addresses risks, construction security deposits, payment and currency, termination, and force majeure, among other areas. GPE also published the draft term sheet for the RFPs.

Response period extended

In the meantime, the consultation period has been extended to July 7 with the end of the response period being pushed back to July 21 with expressions of interest now due by July 28. The Government of Jamaica back in 2018 increased its renewables target to 50% from 30% by 2030.

In making the declaration at that time, Prime Minister, Andrew Holness said, “we are working even harder to a more ambitious target to reach 50% of our electricity generation being from renewables by 2030. Pushing our energy generation to be 50-50 by 2030; fossil fuels and renewables is in our national security interest, in our survival interest.”

He added that at present pace the previous target of 30% could be achieved by 2020 if the country remains on track in diversifying its energy use.

Source: https://our.today/new-jamaica-ppa-details-disclosed/

GPE’s Tender Documents: https://gpe.gov.jm/tenders/

Author: Barrington Jackson

Author: Barrington Jackson

Gov’t to Invite Bids for Another 168 Megawatts of Renewable Energy

Photo: JIS File

THE FULL STORY

New Jamaica PPA details disclosed

100 MW renewable energy being sought in this latest call

Response period extended