Kilowatt hour

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IDB Willing To Finance Waste To Energy Projects

IDB Lead Investment Officer Stefan Wright speaks at the Gleaner Editors' Forum on Tuesday, May 9, 2017. The Inter-American Development Bank (IDB) said it would consider financing projects for waste to energy in Jamaica, but cautioned that the cost of doing so would have to be around US$0.12 per kilowatt hour for it to make [...]

By | 2017-05-10T17:12:25+00:00 May 10th, 2017|

Solar Could Beat Coal to Become the Cheapest Power on Earth

Solar power is now cheaper than coal in some parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the United Arab Emirates broke records with deals to generate electricity from sunshine for less than 3 cents a kilowatt-hour, half the [...]

By | 2017-01-03T16:56:03+00:00 January 3rd, 2017|

Elon Musk’s Clean Energy Vision Includes a Strong Role for Utilities

Elon Musk has staked a claim on a distributed energy future, but recent comments suggest he's not going to be a fundamentalist about it. The billionaire has arguably done more than any other individual to accelerate electric cars and make distributed energy desirable. His vision, detailed explicitly in his Master Plan, seemingly renders the traditional [...]

By | 2016-11-08T21:03:00+00:00 November 8th, 2016|

BMR wind farm commissioned

Malvern, St Elizabeth — Eighteen months after ground was broken, the 36.3-megawatt wind farm run by BMR Jamaica Wind at Potsdam, Malvern, high in the Santa Cruz Mountains, was formally commissioned in mid-August. Priced at US$89.9 million, the wind project, located across the road from another wind farm run by light and power company Jamaica [...]

By | 2016-08-23T23:16:42+00:00 August 23rd, 2016|

JPS Stands To Lose $400m Yearly From Prepaid Meters

Jamaica Public Service Company (JPS) claims that switching all its low-consuming users to prepaid meters would increase the risk profile of the utility provider, and secondly, cost it hundreds of millions in lost non-fuel revenue annually - an ironic twist given that the meters are meant to curtail losses. JPS currently offers prepaid meters in [...]

By | 2015-12-07T14:37:21+00:00 December 7th, 2015|

USDA Invests $63M In Renewable Energy And Energy Efficiency Projects

The U.S. Department of Agriculture (USDA) has announced $63 million in loans and grants for 264 renewable energy and energy efficiency projects nationwide. USDA is supporting these projects through its Rural Energy for America Program (REAP), which was created by the 2008 farm bill and was reauthorized by the2014 farm bill. These newly funded projects [...]

By | 2015-08-12T16:01:32+00:00 August 12th, 2015|

Electricity Should Be Based On Long-Term Considerations

With reference to your headline article, 'Solar power risk' in The Gleaner Tuesday, June 3, I think that our policy decisions in relation to electricity should be based on long-term considerations, such as the amount of foreign exchange spent on fossil fuels, and the threat of global warming, rather than on return on investments. My [...]

By | 2015-01-06T20:09:06+00:00 June 5th, 2014|

JPS goes after $10-b annual return

Electricity distributor seeks up to 93% rate hike JPS goes after $10-b annual return JAMAICA Public Service Company (JPS) is hoping to clear US$94-million ($10.3 billion) profit a year should its proposed rate hike be approved. The light and power company applied to the Office of Utilities Regulations (OUR) for a raft of changes to [...]

By | 2015-01-07T19:34:42+00:00 April 17th, 2014|

The Future Of Power In Jamaica

  Is there an energy problem in Jamaica? The growing energy crisis in Jamaica has been a cause for concern ever since the Government divested the Jamaica Public Service Company (JPS). Consumers and producers complain about the high cost of energy. Firms often blame their low productivity, low output, high price for final goods and [...]

By | 2015-01-08T20:14:42+00:00 September 25th, 2013|