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

• Jurisdiction: Barbados
• Court: Fair Trading Commission (Barbados)
• Judge: Tammy Bryan,John Griffith,Ankie Scott-Joseph,Samuel Wallerson
• Judgment Date: 28 June 2023
• Docket Number: NO.: FTCUR/ORDEST/20230628

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 June 28, 2023 on pilot Energy Storage Tariffs and Framework.

Before:

Tammy Bryan Chairman

John Griffith Commissioner

Ankie Scott-Joseph Commissioner

Samuel Wallerson Commissioner

NO.: FTCUR/ORDEST/20230628

FAIR TRADING COMMISSION

ORDER

1 WHEREAS the Government of Barbados in the Barbados National Energy Policy 2019–2030 (‘BNEP’) has outlined a roadmap for transitioning the country from a fossil fuel dependent nation to one that is 100% renewable energy (‘RE’) based and carbon neutral;

2 AND WHEREAS the Fair Trading Commission (‘Commission’) has undertaken to determine energy storage tariffs and framework on a pilot basis pursuant to its powers under Section 4(3) of the Fair Trading Commission Act, CAP. 326B and Section 24B (4) of the Utilities Regulation Act, CAP. 282 of the Laws of Barbados;

3 AND WHEREAS in recognition of the issues that have been considered and determined throughout the Commission's public consultation on energy storage tariffs;

4 AND UPON READING AND CONSIDERING the written submissions of the following parties in response to the Commission's public consultation: Arcalis Energy; Barbados Renewable Energy Association; Blue Circle Energy; Emera Caribbean Renewables Limited; Green Charge Capital Inc.; HDF Energy; Iken Renewables Group Inc.; North Beach Management Inc.; Solar Genesis; Soleco Energy; and Williams Caribbean Capital;

5 AND UPON CONSIDERING the Commission's own research.

IT IS HEREBY ORDERED THAT:-

• I. The pilot shall be for a duration of four (4) years. The first two (2) years is expected to see the design, procurement, installation and connection of the Battery Energy Storage Systems (‘BESS’) equipment. The remaining two (2) years cover the operation of the projects and collection of the relevant data to assess the performance and viability of the projects. Project participants whose applications and/or registrations are verified, shall receive the rate available at the date of verification. Participants licensed during the pilot phase of this storage programme shall be eligible to receive the associated tariffs for ten (10) years.

• II. In order to receive the Energy Storage Tariff (‘EST’), projects must meet the “used and useful” criteria. This means that the project must be able to provide three (3) or more storage power services and two (2) or more voltage/reactive power services simultaneously or temporally, and actively deliver these services to the grid. The services required are peak shaving with renewables, renewable energy firming &...