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Jan 9, 2014

PUC meets with potential bidders to change dynamics of energy dependency

Belize is looking for energy security and at a lower cost for the next ten years or so. As it currently stands, the national grid requires eighty megawatts of energy. The Belize Electricity Limited meets the country’s demand through multiple sources including: Belize Electric Company Ltd. (BECOL); Hydro Maya Limited in Southern Belize; Belize Cogeneration Energy Limited (BELCOGEN); and the Mexican state owned electricity company, the Comisión Federal de Electricidad (CFE). CFE supplies the country with forty percent of the energy. But the Public Utility Commission is looking to change the dynamics of energy dependency to security and is inviting bids from potential investors. At the B.E.L. Training Room on the Philip Goldson Highway, PUC officials met with stakeholders, businessmen and interested parties willing to invest millions of dollars to provide energy supply to the national grid. Chairman of the PUC, John Avery met with potential investors.

 

John Avery, Chairman, PUC

“After this meeting those concerns which need to be addressed, we will meet, we will address them and then we will have to issue new rules or new parameters for the RFP if necessary. We’ve had forty-four expressions of intent to bid—about twenty for solar, a couple for hydro and a mix of other sources including waste to energy, thermal—so we have quite a good mix of project proposals that we are expecting. However we haven’t received any bids as yet.”

 

Reporter

John Avery

“So all these people or a number of people in this room are here because they have submitted applications and they want to know how to follow up?”

 

John Avery

“Yes they have submitted an impression that they intend to big. They are here basically to clear up any concerns or questions that they may have. It is easier for us to do it this way than to answer individual questions. We have forty-four expressions of intent to bid, but those represent more than forty-four projects. Some people are bidding for more than one project. So rather than be answering questions individually, we decided to have this meeting—we are webcasting it for those who could not attend—and they will be allow to submit questions over the internet too. So this meeting is being held for potential bidders so that we may clear up any issues or concerns that they may have. Right now, we don’t have enough capacity in the dry season in country to meet our demands. It should be the policy of any country to have energy security. So as you may have heard me mention, our first concern is to satisfy the demands for electricity services in Belize for the next ten to fifteen years. That is our major concern. The next thing is to keep prices down. We are hoping that we get enough hydro, enough renewable energy technology projects that will in fact displace some of the higher cost thermal energy we get from Mexico and even from Belize. We are hoping that with this, in the long term, we will have better security; much better security for energy and actually more stable and lower prices.”

 

The deadline to submit bids is May fifteenth. Solar and wind energy is also referred to as intermittent renewable energy and the PUC is looking for some fifteen megawatts of energy from this source to add to the national grid over the next ten years.

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Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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1 Response for “PUC meets with potential bidders to change dynamics of energy dependency”

  1. Educated Dunce says:

    John Avery is a Bluff. NO serious energy company will come to Belize to invest under the climate of fear that their investments may be expropriated by this government. Hopefully this is not a another scam to use Social Security money to buy into an “energy company” owned by guess who….the UDP.

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