Bermuda is about to make a critical The Bermuda Better Energy Plan is based
decision on how electricity will be on increased energy efficiency, more
generated in the future. BELCO have energy storage and a larger contribution
proposed a plan which continues to rely from renewable energy. We are proposing
mainly imported fossil fuels. a combination of solar panels and offshore
wind turbines.
We have a better energy plan: it is more
sustainable and is a great opportunity for Our plan is preparing Bermuda for the
Bermuda. We want to spend less on future and will help to produce less
energy imports, create more local jobs in expensive, cleaner electricity.
renewable energy and keep more money
The images below illustrate the two plans
in our economy. We need your support.
showing how electricity will be generated
between now and 2038.
60 0 60 0
Energy efficiency
Annual Electricity Generation (GWh)
50 0 50 0
Annual Energy Generation (GWh)
30 0 30 0
20 0 20 0 Local resources
10 0 10 0
0 0
8
8
03
-2
-2
-2
-2
re
re
N
tu
tu
Fu
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Why is this Plan $0.23/kWh
better? $0.20/kWh
$0.17/kWh
Renewable energy is cheaper Bulk Solar Offshore Distributed Fuel Oil LNG
Wind Solar
The solar array being built at Bermuda’s airport
will sell electricity for half the cost of producing Calculated electricity cost for different energy sources
electricity from oil. Roof top solar electricity is
already cheaper than buying from the grid.
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The Bermuda
Better Energy Plan
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Compliance with the Electricity Act 2016
1 Ensure the adequacy, safety, sustainability Solar and wind energy combined with energy storage
and reliability of electricity supply in and LPG offer a safe, sustainable and reliable solution
Bermuda for Bermuda.
2 Encourage electricity conservation and the Includes robust estimates of the potential for energy
efficient use of electricity conservation and efficiency.
Electricity use reduces by almost 30%.
3 Promote the use of cleaner energy sources Results in 64% of Bermuda’s electricity being provided
and technologies by the sun and wind by 2038.
5 Protect the interests of end-users with Uses the least-cost sources of energy; solar and wind.
respect to prices and affordability, and the
Determines that small solar systems offer end-users
adequacy, reliability and quality of
cheaper electricity than buying from the grid.
electricity
Recognises that the cost of electricity from solar and
wind technology is stable and can be set by Bermuda.
Acknowledges that the cost of solar and wind
technology is forecast to reduce.
6 Promote economic efficiency and Recognises that Bermuda has excellent solar and wind
sustainability in the generation, resources. Using them could keep millions of dollars a
transmission, distribution and sale of year in the local economy.
electricity
will not happen without your • Share this document and tell as many people as
you can about this important decision. It affects
support. everyone.
For more detail on the Bermuda Better Energy Plan and how it compares to the current BELCO plan, see
the full Integrated Resource Plan Alternative Proposal report at:
www.betterenergyplan.bm
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