Options to Bring Down the Cost of Electricity in Jamaica ... - Castalia

Confidential
Table of Contents
Executive Summary
1 Introduction 1
2 Electricity Tariffs in Jamaica 2
3 Option 1: Changing the Main Fuel 4
3.1 Using a Cheaper Fuel 4
3.2 Change in Cost of Electricity Generation Resulting from
Using a Cheaper Fuel 5
3.2.1 Unit cost of generation from NGCC plant 5
3.2.2 Reduction in total cost of electricity generation
when using NGCC plant and converted combined
cycle plant 7
3.3 Impact on the Cost of Electricity 14
4 Option 2: Increasing the Use of Renewable Energy 16
4.1 Description of the Reform 16
4.2 Evidence of Benefits and Costs—Utility-Scale Technologies 17
4.2.1 Economic viability of adding utility-scale renewables
to the current system 21
4.2.2 Economic viability of renewables once LNG is used
as the main fuel 25
4.2.3 Reduction in electricity costs from implementing
utility-scale renewable energy technologies 28
4.3 Evidence of Benefits and Costs—Distributed Scale
Technologies 35
5 Option 3: Reducing System Losses 40
5.1 Description of the Reform 40
5.1.1 Definition of system losses 40
5.2 Potential for Electricity Loss Reduction in Jamaica 41
5.2.1 Net electricity losses in Jamaica 41
5.3 Impact on the Cost of Electricity 44
6 Option 4: Increasing the Use of Energy Efficient
Technologies 48
6.1 Description of the Reform 48
6.2 Evidence of Benefits and Costs 48
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