The Fair Trading Commission Act, CAP.326B of the Laws of Barbados

JurisdictionBarbados
JudgeMrs. Tammy Bryan,Mr. Brian Francis,Mr. John Griffith,Ms. Ruan Martinez,Mr. Samuel Wallerson
Judgment Date01 January 2019
Docket NumberFTCUR/FITORD2019
CourtFair Trading Commission (Barbados)
In the Matter of the Fair Trading Commission Act, CAP.326B of the Laws of Barbados;
And in the Matter of the Utilities Regulation Act, CAP.282 of the Laws of Barbados;
And in the Matter of the Utilities Regulation (Procedural) Rules, 2003 and the Utilities Regulation (Procedural) (Amendment) Rules, 2009;
And in the Matter of the Electric Light & Power Act, 2013–21;
And in the Matter of the Decision of the Fair Trading Commission dated September 24, 2019 on Feed-in-Tariffs for Renewable Energy Technologies up to and including 1MW.
Before:

Mrs. Tammy Bryan Chairman

Mr. Brian Francis Commissioner

Mr. John Griffith Commissioner

Ms. Ruan Martinez Commissioner

Mr. Samuel Wallerson Commissioner

FTCUR/FITORD2019

FAIR TRADING COMMISSION

ORDER
1

WHEREAS the Government of Barbados in the National Energy Policy 2019–2030 has outlined a roadmap for transitioning the country from a fossil fuel dependent nation to one that is 100% RE based and carbon neutral.

2

AND WHEREAS the Commission has undertaken to determine a pricing framework for RE technologies for installations sized up to and including 1 MW pursuant to its powers under Section 4(3) (a) of the Fair Trading Commission Act, CAP. 326B

3

AND WHEREAS in recognition of the issues that have been considered and determined throughout the Consultation on Feed-in-Tariffs (FITs) for Renewable Energy Sources;

4

AND UPON READING AND CONSIDERING the written submissions of The Barbados Light and Power Company Ltd (BL&P); The Barbados Renewable Energy Association (BREA); Mr. Hallam Hope (CARITEL); Mr. Michael Ray, Mr. Khalid Grant (Solar Genesis), Blackstone Megawatt Energy Services Inc. and Williams Industries;

IT IS HEREBY ORDERED AS FOLLOWS THAT:-

  • I The effective start date for the FIT programme shall be October 1, 2019. The applicable categories, rates and capacity allocations shall be as set out at paragraph IV hereof and shall remain in effect until December 31, 2021 or until such time as the expiration of the capacity, stated herein, whichever comes first. Thereafter the rates shall be reviewed annually. New rates shall be announced three (3) months prior to the end of each review period.

  • II All terms shall remain constant for the duration of the 20-year contract. New or revised terms, conditions and tariff prices shall only be applicable to new projects entering the market in future programme years.

  • III The FIT shall be based on a 20-year fixed tariff with no front loading and differentiated by technology and size. The tariff is based on the LCOE, using a multi-criteria approach according to the guidelines espoused in the BNEP.

    Fit Policy Design

    FIT Policy Element

    RE Systems up to 1 MW

    Proposed Effective Date

    1/10/2019

    Rate: Fixed, Tiered or Variable Options

    Fixed

    Rate: Differentiated by Technology & Size

    Yes

    Tariff Duration

    20 years

    Administratively-Determined or Competitively-Bid

    Administratively-Determined

    Presumed Off-taker

    BL&P

    Quantity Covered by FIT

    100% of output

    Periodic Review of Rates and MW Allocation

    27 months initially, thereafter, annually

    FITs Differentiated by Technology and Size (Up to and including 1 MW)

    Technology Category

    Size Category

    Solar

    Up to 10 kW

    Solar

    Above 10 kW to 100 kW

    Solar

    Above 100 kW to 250 kW

    Solar

    Above 250 kW to 500 kW

    Solar

    Above 500 kW to 1 MW

    Land-Based Wind

    Up to 10 kW

    Land-Based Wind

    Above 10 kW to 1 MW

    Anaerobic Digestion

    Up to 1 MW

    Solid Biomass

    Up to 1 MW

  • IV The applicable categories, rates and capacity allocation shall be as outlined below:

    Technology, Size Category

    Oct. 1, 2019 – Dec. 31, 2021 Allocation (MW)

    Oct. 1, 2019 – Dec. 31, 2021 FIT (BDS cents/kWh)

    Solar, Up to 10 kW

    42.75

    5

    Solar, Above 10 kW to 100 kW

    44.75

    Solar, Above 100 kW to 250 kW

    41.75

    8

    Solar, Above 250 kW to 500 kW

    38.25

    Solar, Above 500 kW to 1 MW

    36.25

    12.7

    Land-Based Wind, up to 10 kW

    39.75

    3

    Land-Based Wind, Above 10 kW to 1 MW

    38.25

    Anaerobic Digestion, Up to 1 MW

    44.25

    2

    Solid Biomass, Up to 1 MW

    52.25

    2

    Total Allocation

    32.7

  • V Capacity shall be allocated on a first come first...

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