Hamilton, Bermuda --- (METERING.COM) --- September 28, 2011 - Advanced metering and a smart grid will underpin Bermuda’s future electricity delivery and metering system, according to the country’s recently released energy white paper.
Achieved largely through the integration of information and communications technologies with existing generation, delivery and metering systems, these will enable electricity consumers to have real time access to information on their electricity consumption, reduce peak demand, integrate renewables and energy storage, and offer a wide range of dynamic rates to consumers and independent power producers.
The 2011 white paper, A National Energy Transition, which also constitutes Bermuda's first national energy policy, aims to provide a 9-year plan of how the government will reduce fossil fuel dependency, establish greater energy security, and reduce greenhouse gas emissions to below 10 t CO2e per capita by 2020 – a 30 percent reduction from 2008 levels.
The vast majority of Bermuda’s energy supply is currently provided by imported liquid fossil fuels, giving rise to growing concerns over the country’s long term energy security as well as the environmental consequences in terms of greenhouse gas emissions. As a vulnerable small island community, the government believes it is imperative for Bermuda to set a responsible example, the white paper states, and thus has set the long term goal of reducing emissions to less than 1 t CO2e per capita by 2050.
The white paper introduces a broad range of solutions, including the introduction of a legal framework that provides greater clarity regarding access to the grid by independent power producers, the upgrading of the electricity delivery system, growth of renewable energies, and the introduction of feed-in tariffs for renewable generators.
Energy efficiency also will play a leading role in meeting the 2020 target, and minimum efficiency standards will be introduced to prohibit the importation of inefficient products, while consumer awareness will be increased through public education and mandatory energy performance labelling. Amendments to the building codes will also be made to include requirements for energy efficiency and renewable energy.
The white paper states that due to the importance and urgency of electrical system reform, the government will begin work with the incumbent electric utility (Bermuda Electric Light Company) immediately to lay out a framework for the future of electricity delivery and metering systems in Bermuda.
As part of putting in place the legislative and regulatory foundation, the government will also develop a new Energy Act that establishes a new independent regulatory authority with the authority necessary to enable Bermuda to reach the white paper targets.