#Providenciales, June 11, 2019 – Turks and Caicos – Nearly 1,000 new hotel rooms and countless other new construction projects around the island coupled with the indisputable effects of climate change compelled Magnetic Media to enquire of the FortsTCI CEO about the company’s readiness in the face of it all.
In a word,
Eddinton Powell’s answer was a resounding ‘yes!’
“So we already
started to think about these things and that integrated resource plan will be
executed and implemented over the next 20 years; it is a 22-year plan from
2018-2040-42. Every
three years that plan will be updated, that plan will be revised and we will
take more data in.”
FortisTCI believes
Climate Change is real and during a press conference held last week to address
a prolonged electricity outage for the island of Providenciales, Mr. Powell
assured that there is serious work happening to incorporate alternative energy
forms.
“Climate Change is
very important and we work with the Clinton Foundation, they are partners with
Rocky Mountain Institute who did the project. And the Rocky Mountain Institute is
very, very trusted organization, they have been around for a long-time doing
work in the area of Climate Change. “
A series of town
meetings is one way, reminded Powell, that FortisTCI has been working with
government to bring the conversation to the consumer.
“We have started
(conversations) on that integrated resource plan, the RNETS, that I’ve
mentioned,” Mr.
Powell added, “there were public meetings before and after the Plan, in Provo
and in Grand Turk and many people came out to it, not enough because I would
like to see more people come out and participate, but in that over the next
22-years up to 2040, that plan forecasts that the penetration of renewable
energy on the grid will be 33 percent and actually I think it will be higher
than that.”
Renewable energy
dreams are, these days, a more cost-effective reality for home owners and small
businesses.
“In the next
three-years, when we update the plan, we will see what the market for renewable
energy has done because the cost of panels and inverters have come down
significantly, battery for storage has also come down significantly.”
FortisTCI in 2018
won the region’s CREF Award for its renewable energy strides and is the only
Caribbean energy supplier which has a roof top leasing program and the
owner-consumer is financially compensated.
“So, yes, Deandrea, we have been thinking about this for a long time and we are also thinking about a much bigger scale.”
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