On Wednesday, October 23, following Cabinet's approval, the Government of the Turks and Caicos Islands, FortisTCI - the islands' utility provider, and the Clinton Foundation signed a memorandum of understanding (MOU) to begin implementing initiatives supported by the country's Resilient National Energy Transition Strategy (R-NETS). This strategy was developed by the Turks and Caicos Islands Government, FortisTCI, and Rocky Mountain Institute in 2018 and provides a roadmap for the country's energy future over 22 years, from 2019 to 2040. For more information see the IDTechEx report on Energy Harvesting Microwatt to Megawatt 2019-2029.
Under the MOU, all parties have committed to accelerate the development and integration of more clean energy sources throughout the Turks and Caicos Islands. The partnership will advance renewable energy in a number of ways:
- Building a regulatory framework;
- Support for permitting and planning of renewable energy projects;
- Assessment of resources, including wind resources, utility-scale energy storage capabilities, and land assessment of project sites using geographic information system (GIS) tools;
- Implementation of renewable energy technical skills analysis;
- Integration of electric vehicles; and
- Promotion of energy efficiency.
Speaking on the MOU, the Honorable Goldray Ewing, minister of home affairs, public utilities and transportation said, "TCIG is committed to developing a clean energy future for Turks and Caicos Islands that will decrease the islands' reliance on imported fossil fuel, reduce the cost of electricity for households and businesses, and demonstrate the country's willingness to play a lead role in efforts to combat climate change. This agreement represents the first step towards that goal."
Eddinton Powell, FortisTCI president and chief executive officer said, "The transformation of the energy sector in the Turks and Caicos Islands is taking shape, and the continued collaborative approach is critical to our success in transforming to the new energy future. By working together to advance sustainable and resilient energy projects in the TCI, we can meet the objectives established in the R-NETS. These objectives bring value and benefits to all stakeholders."
Mr. Powell added, "FortisTCI is pleased to continue partnerships with the Turks and Caicos Government and the Rocky Mountain Institute, and we look forward to working with the Clinton Foundation. Renewable energy brings with it great opportunities. There is no doubt that together, we can create an energy-producing economy and become less dependent on hydrocarbons. Together we can enable supply and price stability, entrepreneurship, and wealth creation across the TCI."
Alexis Tubb, senior project manager, Clinton Climate Initiative said, "The global community is looking to the greater Caribbean region to be first responders and champions for the fight against climate change. Replicable, scalable projects have the potential to show the world that renewable energy is affordable, economically sound, and environmentally sustainable. To make those projects possible, everyone needs to come to the table - the public, private, and non-profit sector. This MOU symbolizes that in Turks and Caicos all parties have come to that proverbial table and shown their commitment to accelerate clean energy."
The Clinton Foundation and the Rocky Mountain Institute work together with governments and utilities to help foster the development and integration of renewable energy by enabling financing opportunities and providing project support. This work is made possible by the players of the Nationale Postcode Loterij in the Netherlands and the People's Postcode Lottery in the United Kingdom.
FortisTCI Limited (FTCI) is the sole provider of electricity on Providenciales, North Caicos, Middle Caicos, South Caicos, East Caicos and adjacent Cays. In August 2012, Turks and Caicos Utility Limited (TCU), which is the sole provider of electricity on the Islands of Grand Turk and Salt Cay, was acquired by FTCI. Together the two companies serve over 15,000 electricity customers in the Turks & Caicos Islands archipelago. FTCI and TCU have an aggregate diesel-fired generating capacity of approximately 90.7 megawatts. For further information visit http://www.fortistci.com/.
FortisTCI is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit http://www.fortisinc.com/.
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About Rocky Mountain Institute
Rocky Mountain Institute (RMI)—an independent nonprofit founded in 1982—transforms global energy use to create a clean, prosperous, and secure low-carbon future. It engages businesses, communities, institutions, and entrepreneurs to accelerate the adoption of market-based solutions that cost-effectively shift from fossil fuels to efficiency and renewables. RMI has offices in Basalt and Boulder, Colorado; New York City; the San Francisco Bay Area; Washington, D.C.; and Beijing.
About the Clinton Foundation
Building on a lifetime of public service, President Clinton established the Clinton Foundation on the simple belief that everyone deserves a chance to succeed, everyone has a responsibility to act, and we all do better when we work together. For nearly two decades, those values have energized the work of the Foundation in overcoming complex challenges and improving the lives of people across the United States and around the world.
As an operating foundation, we work on issues directly or with strategic partners from the business, government, and nonprofit sectors to create economic opportunity, improve public health, and inspire civic engagement and service. Our programs are designed to make a real difference today while serving as proven models for tomorrow. The goal of every effort is to use available resources to get better results faster - at the lowest possible cost.
We firmly believe that when diverse groups of people bring resources together in the spirit of true cooperation, transformative ideas will emerge to drive life-changing action.
Learn more at http://www.clintonfoundation.org/, on Facebook at Facebook.com/ClintonFoundation, and on Twitter @ClintonFdn.
Source: Clinton Foundation
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