Bermuda Electric Light Company Limited (‘BELCO’ or the ‘Company’) today commented on statements made by the Bermuda Regulatory Authority (RA) concerning the fuel used at the North Power Station (NPS).
BELCO President Wayne Caines said: “Last week I along with our Managing Director of Transmission, Distribution and Retail, Shelly Leman, and our Managing Director of Bulk Generation, Nadir Wade, went on various radio shows to explain to the public the reasons behind a recent emission fall out at the NPS and what we are doing to improve operations at the plant. During the show, we discussed how BELCO has been unable to burn natural gas in the new plant.
The fact is that the Regulatory Authority’s (RA) 2019 Integrated Resource Plan (IRP) did not prefer natural gas as a fuel option. Contrary to the legislative process, the RA published its own version of an IRP that did not select a scenario that included natural gas.
“We never had any intention to mislead the public and do not believe we did.
“BELCO is committed to and working towards achieving Net Zero by 2050 and is exploring alternative and renewable energy generation through the use of wind, solar and the possible transition from Heavy Fuel Oil to natural gas.
We are committed to transparency and continuing to engage in communication between the Company and all of our stakeholders. BELCO looks forward to continuing dialogue and engagement with the community as we continue to build a clean, safe and renewable energy future for Bermuda.”
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