Untitled Document

Bermuda seeks power from renewables including ocean energy

Bermuda Electric Light Co. Ltd. (BELCO) invites expressions of interest from potential developers of large-scale renewable energy projects utilizing ocean, solar photovoltaic, wind, and waste-to-energy technologies. Responses are due November 14.

BELCO, which had a peak demand of 118 MW in 2007, plans to fully cover its demand growth between 2008 and 2020 from renewable power sources, in effect targeting 20 percent of its energy to come from renewables by 2020.

Based on a preliminary assessment of renewable energy sources on the island, BELCO determined that feasible sources were the four named renewables it seeks.

�BELCO understands that utility grade projects utilizing mature ocean energy conversion technologies are still in the development and testing stages,� the utility said. �With this in mind, BELCO will consider SOIs (solicitations of interest) from qualified companies that are interested in developing a prototype ocean energy conversion facility for testing and producing electric energy for sale to BELCO under terms of a PPA� (power purchase agreement).

The utility said it primarily is interested in purchasing energy under long-term contracts, but would consider other arrangements including ownership participation and build-own-operate-transfer projects.

The solicitation of interest document may be obtained from the BELCO Internet site, www.empoweringprogress.bm, or from the address below. BELCO will take inquiries and requests for site visits until October 31 on the Internet at www.empoweringprogress.bm/renewable/soi/questions.html or by e-mail to soiadmin@belco.bhl.bm.

Solicitations of interest are due by November 14 to the address below. BELCO plans to notify short-listed bidders December 31, take bids May 29, 2009, and award contracts June 30, 2009.

For information, contact Renewable Projects Administrator, Bermuda Electric Light Co. Ltd., 27 Serpentine Road, P.O. Box HM 1026, Hamilton HMDX Bermuda; E-mail: soiadmin@belco.bhl.bm; Internet: www.empoweringprogress.bm.

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