PROJECTS

Reforming Bermuda’s Electricity Sector Overhaul

The problem

Bermuda’s electricity sector regulation was old and lacked mechanisms to ensure least-cost investment and dispatch of generation and development of renewable power generation.

How we helped

Castalia led a team that helped Bermuda to reform its electricity sector. We drafted a new National Electricity Sector Policy (approved by Cabinet in June 2015) that set a transparent planning and procurement process for new generation investments; defined a framework for distributed renewable generation; and encouraged energy efficiency with a mix of utility and private sector investments. We assisted with drafting the new Electricity Act (approved by Parliament in 2016); developed licenses for generation, transmission and distribution; and prepared tariff setting rules. We also rationalized the fiscal regime for fossil fuels to reflect the government’s policy to reduce emissions. We drafted a fuels policy (approved July 2017) and action plan; prepared drafting instructions for a Fuels Bill; and completed the licensing framework for fuels-related activities. We then helped Bermuda procure its first ever large-scale renewable energy project, a 6MW privately-financed solar PV plant that is set to start construction in 2019.

Impact

Bermuda has completely modernized its energy sector regulation, completed its first Integrated Resource Plan, and procured its first renewable energy generation plant.

Our team

David Ehrhardt

David Ehrhardt

Chief Executive
Gianmarco Servetti

Gianmarco Servetti

Practice Leader

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

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WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Level 1 Kyle House, 27-31 Macquarie Place
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

Castalia-logo-negative-2col
PROJECTS          NEWS         CONTACT
© Copyright 2019 Castalia. All rights reserved.
Terms | Privacy | Credits | Sitemap