Under its Transmission and Circulation licence, CUC is needed to send a CON to the Regulator to lay out predicted electrical power need. Following this submission, the Regulator will release a competitive procurement procedure to protect brand-new generation resources required to fulfill future need.
CUC continues to make substantial financial investments in the dependability and strength of Grand Cayman’s electrical power system, investing as much as US$ 100 million each year to serve the families, services, and neighborhoods that count on it. Considering that 2020, these financial investments have actually added to a 50% decrease in interruption time.
Electrical power need continues to increase on Grand Cayman, with a record peak load of 129.5 MW being taped on July 31, 2025. Fulfilling future need will need prompt boosts in generation capability to guarantee appropriate generation reserves, as needed under CUC’s licence, and to preserve a protected and trusted supply.
Mr Richard Hew, CUC President and CEO stated:
” Energy is an important service; the approval of the CON is a crucial action towards conference Grand Cayman’s growing electrical power need and supplying a safe and trusted supply of electrical power to the families and services we serve in the coming years.”
CUC has actually released the complete CON file on its site, offered at https://www.cuc-cayman.com/regulatory-submissions.
SOURCE Caribbean Utilities Business, Ltd.
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