FTC issues two decisions

The Fair Trading Commission (FTC) has approved an updated regime through which other telecommunications companies will pay Cable & Wireless (Barbados) Limited (C&W) to use its network.

At the same time, the public utility regulator issued an amended provision to govern how the Barbados Light & Power Company Limited will be able to recover costs associated with planned battery storage at its Trent’s, St. Lucy solar farm.

Both decisions were announced today.

The decision related to C&W has to do with Draft Reference Interconnection Offer (RIO) 2017, which will now be adopted as the RIO 2019.

The matter involving BL&P was the Motion to Review and Vary the Decision of the Fair Trading Commission on the Application of the BL&P to Recover the Costs of the 5MW Energy Storage Device through the Fuel Clause Adjustment.