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Energy, artificial intelligence and central banks: a new global cocktail

While central banks remain highly influential, markets are increasingly being shaped by two additional forces: energy markets and artificial intelligence

Premier: Reducing energy prices key to cost-of-living challenge

Government is seeking to tackle high energy costs as part of a broader effort to ease mounting cost-of-living pressures in Cayman. Premier André Ebanks, speaking...
energy

Middle East conflict highlights Cayman’s energy fragility

Learn how tensions in the Middle East impact energy prices and the potential economic consequences for Cayman.
The Bodden Town solar farm is the only power plant of its kind in Cayman currently.

Mystery power company aiming to invest $180 million in Cayman

A potential new Cayman Islands power company is advertising for local partners in a company that aims to invest up to $180 million on the islands over the next five years.
Sign of the times: The new Island Energy facade at the Brac company's office.

Solar farms planned as Sister Islands look to renewable future

New solar farms are planned on both Cayman Brac and Little Cayman as the sister islands take their first steps towards a renewable energy future.

10 key issues for 2024: From artificial intelligence to government transparency

New year, same problems? Well, kind of. The Cayman Compass list of issues we will be watching closely in 2024 features some familiar concerns as well as pressing new challenges that loom on the horizon.
The Bodden Town solar farm is the only power plant of its kind in Cayman currently.

Solar power auction proceeding without government involvement

Plans for a new utility-scale solar farm are moving forward with OfReg insisting it cannot wait for government to pass the legislation and policy framework required to support its recently-announced intention to co-own renewable power plants.

CUC: Renewable energy investment will cut power bills

Massive investment in large scale renewable energy projects in Grand Cayman over the next decade will help control escalating electricity bills, according to the Caribbean Utilities Company.

Solar entrepreneur takes key energy role

Renewable energy entrepreneur James Whittaker aims to accelerate Cayman’s conversion to green power, after being appointed chair of the National Energy Council.

Column: Sunset for oil is no longer just talk

Forecasts more than a decade in the future are easy to make and break, but the same does not go for shorter-term promises to investors.

Berger: Could Puerto Rico be a model for energy independence?

As Puerto Rico emerges from the darkness, its uneven recovery is shining a light on a challenge that will shape the future of electricity across the United States.

China can help turn the lights on in Puerto Rico

With no resolution in sight, and roughly 70 percent of the island’s residents still without power, Puerto Rico should turn to companies with real expertise in repairing power grids in developing regions.

Governments play a role in paving way for electric vehicles

Fortunately, the Cayman Government is playing its part with plans which include for zero duty on EV’s for a five-year period.

Regional forum exploring electricity, power issues comes to Cayman

Energy efficiency, public-private energy projects and “a new paradigm” for power generation are on the agenda at next week’s three-day Caribbean Electric Utility Services Corp. gathering at the Marriott resort.

Agreement for sea-based power possible by late March

Executives from the company designing Cayman’s first floating platform for generating electricity from the ocean hope to complete a power purchase agreement with the Caribbean Utilities Company by late next month.

EDITORIAL – Power lines: Our stance on ‘green’ energy

We (and no doubt our readers) were cheered by all aspects of the headline that appeared in Thursday’s Cayman Compass: “Oil, solar contribute to...

Oil, solar contribute to decrease in CUC power bills

Caribbean Utilities Company announced on Tuesday a continuing decline in electricity prices – and consumer bills – as the price of oil falls on...

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