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After much Jamaican Hot Air, natural gas power plant rises

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  • After much Jamaican Hot Air, natural gas power plant rises

    Baby Bruce mi ah put yuh pon notice...if di Termite dem tun dis up, dawg nyam JLP suppa

    EWI, JPS Agree On Energy Price - Energy Minister Expects 30 Per Cent Reduction In Bills
    Published: Friday | December 6, 2013
    Daraine Luton, Senior Staff Reporter

    Energy World International Limited (EWI) will be selling power generated from the soon-to-be-built 360 megawatt plant to the Jamaica Public Service company (JPSco) at the base price of US$0.12.88 cents per kWh.

    The price, which has been agreed, is 56 per cent less than the approximately US$0.30 cents on average which it costs to generate power. The total cost for generation and distribution of electricity is approximately $US$0.40.

    Phillip Paulwell, the Minister of Science, Technology, Energy and Mining, said he understands that the agreed price is a ceiling, and if the price of natural gas falls, power could be sold to the JPS cheaper than US$0.12.88 cents per kWh.

    "I think that is a tremendous win for the Jamaican consumer," Paulwell told The Gleaner.

    Jamaica's peak demand for electricity is 600 megawatt, but Paulwell notes that the power produced by the 360 megawatt plant will be dispatched first.

    The OUR approved the power purchase agreement on Wednesday, and Director General Albert Gordon said the regulators were working within an aggressive timeline, and so, "EWI will be pinned down to specific performance targets".

    "The reduction in the price of electricity is a national imperative, so we look forward to the commencement of the construction of the plant at the earliest possible time," Gordon said

    Work to start next year

    Upon approval by the JPS' board of directors, the power purchase agreement will be formally executed, paving the way for the start of the project.

    Construction of the plant is expected to begin in early 2014 and completed within 24 months.

    Kelly Tomlin, president and CEO of the JPS, told The Gleaner yesterday that the inking of the agreement is good news for Jamaica.

    "We have agreed to the base price of US$0.12.88, but our job in this environment is more to work out the technical terms of integrating the grid online," Tomlin said.

    Paulwell said the building of the new power plant will lead to about 30 per cent reduction in energy prices and Tomlin said it will go a far way in lowering power prices.

    "It will certainly help lower energy prices. I hate to give a percentage because there are so many things happening at once. People are going off the grid, doing wheeling, going solar, which drive up certain prices for the rest of us," Tomlin said.

    She added: "When large scale users go off the grid, the overall price has to be distributed among the rest of us."
    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

    D1 - Xposing Dummies since 2007

  • #2
    suh wheh yuh want Holiness fi duh.. shut it down ?

    sound more like a wish than notice !

    lol ! woiee !

    Comment


    • #3
      Originally posted by Don1 View Post
      "It will certainly help lower energy prices. I hate to give a percentage because there are so many things happening at once. People are going off the grid, doing wheeling, going solar, which drive up certain prices for the rest of us," Tomlin said.
      Anyone who believes light bills will go down is a fool...yuh see Kelly start posturing already?

      Comment


      • #4
        Yep I do wish the project every success regardless of any political fallout to any PNP Termite or JLP ChiChi
        Last edited by Don1; December 6, 2013, 10:28 AM.
        TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

        Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

        D1 - Xposing Dummies since 2007

        Comment


        • #5
          Originally posted by Bricktop View Post
          Anyone who believes light bills will go down is a fool...yuh see Kelly start posturing already?
          I see she's not committing to a number... that's intelligent
          TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

          Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

          D1 - Xposing Dummies since 2007

          Comment


          • #6
            she is not committing to a number because there will be no savings to the consumer...JPS will use the reduced price to turn a profit for JPS...then tell us that large entities have left the grid & that lost revenue needs to be absorebed by those still on the grid...yuh cyaan so gullible

            Comment


            • #7
              LOL...Gullible?? I made no prediction of a rate reduction so that's null

              However if the EWI pricing to the JPS is as declared (13c/kWh) and the JPS distribution cost number is known (~10c/kWh) and the public is 1000% engaged on the power issue and the minister has put his neck on the block....

              I'd say the signs look good for some reduction
              TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

              Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

              D1 - Xposing Dummies since 2007

              Comment


              • #8
                "if di Termite dem tun dis up, dawg nyam JLP suppa"

                Wishing and hoping...

                Comment


                • #9
                  Minister put his neck on the block ?!

                  lol ! woiee !

                  Yuh nuh fraid yuh pull a muscle ?

                  Comment


                  • #10
                    Nope just insightful political analysis yute

                    As mi seh... mi DEFINITELY hope dat project manifest

                    Whicheva Termite ar ChiChi dat trouble mi nuh concern wid dat
                    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                    D1 - Xposing Dummies since 2007

                    Comment


                    • #11
                      mi convince seh yuh nuh sensible
                      TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                      Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                      D1 - Xposing Dummies since 2007

                      Comment


                      • #12
                        A power plant is not needed..

                        How many elections has the JLP won since 1972 ??

                        Comment


                        • #13
                          Non sequitur
                          TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                          Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                          D1 - Xposing Dummies since 2007

                          Comment


                          • #14
                            Winning elections in Jamaica is not about delivering good governance.. it is about who best panders to the lumpen (until crisis awakens those slightly above to dip dem finger and spurn their 'beloved party')..

                            PJ and Paulwell gave us Mirant.. they were rewarded..

                            Stop trying to be profound..

                            Comment


                            • #15
                              Yuh lost... JLPNP nuh stan fi good governance... di two ah dem corrupt same way

                              Fiya bun unnu an all Vampiya
                              TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                              Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                              D1 - Xposing Dummies since 2007

                              Comment

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