Gasoline retailers are bracing for a further fall-off
AT LEAST two key industry players say there is no time for delay in the implementation of policy or other measures to
CLAIMING he was distressed at the price of electricity at US 40 cents per kilowatt-hour, Minister of Science, Technology, Energy and Mining Phillip Paulwell said he is determined to ensure the full liberalisation of the energy sector to help drive down the electricity costs.
Speaking at a function in Kingston yesterday, Paulwell said that he was not prepared to wait on the Jamaica Public Service Company’s (JPS) three-year plan to bring down the cost of electricity to the consumer.
“I believe we have to free up the system. We have to liberalise. We have to enable the private sector with their R&D (research and development) to decide on the best technology for Jamaica at this time,” Paulwell stated.
The liberalisation of the market will not happen by “sitting around and waiting on a plan from JPS that in three years’ time we are going to do so and so”, the minister noted.
“It is when you unleash the spirit of competition, the vibrancy of the market, allow our consumers to finally become the rulers when it comes to energy,” he said.
Earlier this month, the JPS
Phillip Paulwell, Minister of Mining and Energy
Anastasia Cunningham,
Energy Minister Phillip Paulwell
The Jamaica Public Service Company’s (JPS) plan to invest US$616 million (J$53 billion) to construct a new liquefied
Jamaica Public Service Co. building in New Kingston -File.
Livern Barrett, Gleaner Writer
After months of mounting criticism about the high cost of electricity, the Jamaica Public Service Company (JPS), will today outline plans to reduce energy costs.
The announcement will come at a press conference scheduled for 10 a.m. today, at the company
ENERGY Minister Phillip Paulwell has announced that Opposition Spokesman on Energy Gregory Mair will be named to a National Energy Council that will be set up to preside over a range of developments and concerns relating to energy.
Paulwell, who was addressing an energy forum convened by the American Chamber of Commerce of Jamaica (AMCHAM) at the Knutsford Court Hotel on Thursday, described the issue of energy as being too critical for it to be the subject of political squabbles.
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Energy Minister Phillip Paulwell in discussion with Executive Director of AMCHAM Becky Stockhausen (left) and AMCHAM
Recently we were asked to set up one of our energy saving pool pumps to compare against the existing inefficient 1.5 horsepower. Below is the shortened video we created showing the energy comparison of both pumps which is undeniably in favor of our energy efficient pump. Please read the case study which is below the video after watching. |