RA Issues Final Report On Electricity Sector

The Regulatory Authority of Bermuda [RA] published their Final Report on the Electricity Sector.

A spokesperson said, “After a comprehensive review, the Regulatory Authority of Bermuda [the “RA”] has today published its Final Report on the Electricity Sector. The recommendations in the Final Report are intended to enhance the legal, regulatory, and policy framework for the Electricity Sector in Bermuda.

Key recommendations include:

• Further consideration for community energy schemes

• Continued monitoring of wave energy, which could play an important role in Bermuda’s Integrated Resource Plan, as the technology matures, and

• Options for the development of an electric vehicle charging infrastructure

“As the regulator for the Electricity Sector, the RA’s role is to ensure that the market is aligned with global best practices and works well for consumers and other key stakeholders.”

The full Electricity Sectoral Review Final Report follows below [PDF here]

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