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Energy News – Towards the Domestic Adoption of Wind and Solar Energy Technologies

June 24, 2013

ABSTRACT

Towards the Domestic Adoption of Wind and Solar Energy Technologies: Assessing Awareness, Knowledge, Attitudes and Predicting Householder Behaviour

Davina W. Gayle

This exploratory study assessed awareness and knowledge levels of Jamaican household heads, their attitude towards microgeneration technologies specifically wind turbines and solar panels, as well as the likelihood of them changing from conventional energy sources to renewable using these technologies.

The diffusion of innovations theory, theory of reasoned action and theory of planned behaviour formed the theoretical framework of the research.

Two hundred household heads living in urban and rural, lower to upper class neighbourhoods, with ages ranging 19 to 85, participated in a KAP survey. Respondents were selected based on a mix of quota, convenience and purposive nonprobability sampling.

The findings showed high awareness levels of microwind turbines and solar panels; low to moderate knowledge levels of these technologies and the renewable energy they generate; generally a favourable attitude towards both; and a modest percentage of household heads indicated the likelihood of installing a wind turbine or solar panel in the near future.

Further research is needed.

It is recommended that although some household heads may be willing to make the change from conventional energy sources to wind and solar powered using microgeneration technologies, intervention is needed from government and civil society, for there to be wide scale behaviour change.

Keywords: Davina W. Gayle; Wind and solar energy technologies; Jamaica

NB: This study was not commissioned by the JSEA, but was intended for the public domain, via organizations such as the JSEA, to help promote the use of Renerwable Energy in Jamaica

Full Document
http://jsea.org.jm/docs/Wind%20and%20Solar%20Energy%20Technology%20Adoption.pdf

JPS News

Paulwell launches new diesel fuel tomorrow

June 24, 2013

MINISTER of Science, Technology, Energy & Mining Phillip Paulwell will tomorrow morning launch the Ultra Low Suplhur Diesel (ULSD) fuel at two service stations in St Andrew.

The first launch will be at the Petcom Dunrobin service station at 8:30, followed by another at the nearby Shell Gore Terrace station.

PAULWELL… promised fuel in his recent budget presentation

Both stations will join others in retailing the new product to the market, following years of complaints by owners of diesel engine vehicles about the quality of fuel that they get at service stations.

ULSD is a fuel with a maximum sulphur content of 15 parts per million. The introduction of this fuel is also a response to consumer demand for diesel that is compatible with newer model diesel engines with improved emission-controlling devices.

JPS News

Paulwell launches new diesel fuel tomorrow

June 24, 2013

MINISTER of Science, Technology, Energy & Mining Phillip Paulwell will tomorrow morning launch the Ultra Low Suplhur Diesel (ULSD) fuel at two service stations in St Andrew.

The first launch will be at the Petcom Dunrobin service station at 8:30, followed by another at the nearby Shell Gore Terrace station.

PAULWELL… promised fuel in his recent budget presentation

Both stations will join others in retailing the new product to the market, following years of complaints by owners of diesel engine vehicles about the quality of fuel that they get at service stations.

ULSD is a fuel with a maximum sulphur content of 15 parts per million. The introduction of this fuel is also a response to consumer demand for diesel that is compatible with newer model diesel engines with improved emission-controlling devices.

JPS News

Compensation For NWC, JPS Consumers Spikes To $21m

June 20, 2013

The Office of Utilities Regulation (OUR) said it has caused J$21.15 million to be credited to the accounts of customers of the island’s two main utilities during the past year.

The money was credited to the accounts of customers of the National Water Commission (NWC) and the Jamaica Public Service Company (JPS) during the period June 2012 to May 2013, the OUR said in a statement yesterday.

The figure dwarfed the $1.19 million secured on behalf of customers during the June 2011 to May 2012 period. The OUR said the sums secured during the past year represents an increase of more than 1,600 per cent.

The OUR said the money was secured as a result of appeals done by the regulator on the behalf of customers. However, the nature of the main complaints against the companies was not obtained byWednesday Business

Government JPS News

JPS Still Creating Value For Korean Investor

June 17, 2013

Korea Electric Power Corporation (Kepco), which holds 40 per cent interest in the Jamaica Public Service Company (JPS) reported a 3.4 per cent increase in the book value of its investment in the utility to 303 billion won (US$267 million) in its March 2013 financials.

It indicates that JPS continues to provide value for its shareholders despite its March 2013 quarterly loss totalling some US$789,000, of which 40 per cent represented Kepco’s share of the loss.

Kepco is a subsidiary of Korea East-West Power.

The rise in the book value was caused by a 17-billion won (US$15-million) increase in ‘other comprehensive income‘ which represents certain gains not reflected in the profit and loss account. The financials posted to the US Securities and Exchange did not disclose the nature of the gains.

Kepco acquired JPS shares in 2011 for 301.9 billion won. Last financial year, the Korean company earned US$2 million in dividends from its JPS investment. The utility paid out a total of US$5 million in dividends last year.

For the three months ending March 2013, the company took no dividends, according to the financials.

The profitability of JPS, one of the largest companies in Jamaica, was affected by higher-than-usual finance costs at US$17 million for the quarter (US$11 million a year earlier) which nearly ate through the US$18 million of gross profit.

JPS’s other top owners are Japan’s Marubeni Corporation, at 40 per cent, and the Government of Jamaica, which holds 19.9 per cent.

The power utility currently earns US$1.14 billion (J$112b) of revenue annually as the monopoly distributor of electricity. It is capitalised at US$378.77 million (J$37.5b) while its net assets amount to US$838.46 million (J$83b).

business@gleanerjm.com

Read more:

Government JPS News

JPS Still Creating Value For Korean Investor

June 17, 2013

Korea Electric Power Corporation (Kepco), which holds 40 per cent interest in the Jamaica Public Service Company (JPS) reported a 3.4 per cent increase in the book value of its investment in the utility to 303 billion won (US$267 million) in its March 2013 financials.

It indicates that JPS continues to provide value for its shareholders despite its March 2013 quarterly loss totalling some US$789,000, of which 40 per cent represented Kepco’s share of the loss.

Kepco is a subsidiary of Korea East-West Power.

The rise in the book value was caused by a 17-billion won (US$15-million) increase in ‘other comprehensive income‘ which represents certain gains not reflected in the profit and loss account. The financials posted to the US Securities and Exchange did not disclose the nature of the gains.

Kepco acquired JPS shares in 2011 for 301.9 billion won. Last financial year, the Korean company earned US$2 million in dividends from its JPS investment. The utility paid out a total of US$5 million in dividends last year.

For the three months ending March 2013, the company took no dividends, according to the financials.

The profitability of JPS, one of the largest companies in Jamaica, was affected by higher-than-usual finance costs at US$17 million for the quarter (US$11 million a year earlier) which nearly ate through the US$18 million of gross profit.

JPS’s other top owners are Japan’s Marubeni Corporation, at 40 per cent, and the Government of Jamaica, which holds 19.9 per cent.

The power utility currently earns US$1.14 billion (J$112b) of revenue annually as the monopoly distributor of electricity. It is capitalised at US$378.77 million (J$37.5b) while its net assets amount to US$838.46 million (J$83b).

business@gleanerjm.com

Read more:

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