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Editorial Foreword

ESTEEMED READERS,

e are pleased to bring you another edition of the CARILEC Electric
Industry Journal. Many of the topics and issues covered in this The transformation
Wedition reflect, and support, key aspects of CARILEC’s Strategic of the energy sector
Plan for the period 2023 to 2030. The CARILEC Strategic Plan outlines vision
milestones, for a ‘to be”, future state, whereby CARILEC, as an Association of hinges on electric
Electric Utility, IPP, Associate and Affiliate Members, by 2030, has: utilities having access
to suitable tools
• contributed to substantially increase the share of renewable energy and technologies.
in Caribbean power grids, whilst having contributed to increasing the We therefore offer
affordability of electricity in the region and to strengthening the resilience our members the
of Caribbean power grids, opportunity to access
• member utilities which offer new energy services related to energy and to provide these
efficiency, decentralized RE and/or e-mobility to their customers. essential resources,
enabling them to
effectively pursue their
strategic objectives

Four (4) Outcomes are also articulated in the 2023-2030 Plan, as follows:

1. Increased access to business solutions and knowledge sharing
opportunities. The transformation of the energy sector hinges on electric
utilities having access to suitable tools and technologies. We therefore
offer our members opportunities to access and to provide these
essential resources, enabling them to effectively pursue their strategic CLETUS KENNEDY
objectives. We also provide opportunities to network and learn from BERTIN, PH.D
members and industry experts to accelerate the transformation of the Executive Director of CARILEC
energy sector.

2. Increased renewable energy generation and reduced exposure to
fuel price risk is another key outcome. To create a sustainable energy
future for the Caribbean, the Association’s members are committed to
reducing the level of exposure to fuel price risk by leveraging
opportunities for renewable energy generation in our region and optimizing
our energy mix.
3. The establishment of new energy services related to energy
efficiency, decentralized RE and/or e-mobility are critical to the energy
transitioning process. We support a cleaner energy future and are
committed to doing our part to create an enabling environment. We

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