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The Rollout of Smart Grids in the Caribbean: Regulatory Challenges and opportunities

Organisation of Caribbean Utility Regulators (OOCUR) the Annual Conference Venue: Belize 6-8 November 2013 “Challenges to Regulatory Power in Borderless Societies”. The Rollout of Smart Grids in the Caribbean: Regulatory Challenges and opportunities MS . Carol Balkaran

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The Rollout of Smart Grids in the Caribbean: Regulatory Challenges and opportunities

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  1. Organisation of Caribbean Utility Regulators (OOCUR)the Annual ConferenceVenue: Belize6-8 November 2013“Challenges to Regulatory Power in Borderless Societies” The Rollout of Smart Grids in the Caribbean: Regulatory Challenges and opportunities MS. Carol Balkaran Senior Tariff Analyst Regulated Industries Commission (RIC) Trinidad and Tobago

  2. Structure of Presentation • Defining the smart grid – What is it? • Benefits of the smart grid. • Regulatory Challenges. • Role of the Regulator and Importance of the Regulatory Framework for Promoting smart grid Investment. • Evaluating smart grid Projects – cost/benefit analysis overview. • Financing - Regulatory Options. • Other Financing Options. • Status of the smart grid in Trinidad and Tobago. • Recommendations.

  3. What is the Smart Grid?

  4. What is the Smart Grid?

  5. Core Features of the Smart Grid It facilitates active and informed consumer interaction with the utility. It accommodates all types of generation and storage options. It encourages new products, services and markets. It provides improved power quality for a digital society. It optimizes asset utilization and operates efficiently. It anticipates and responds to system disturbances (self-heals). It operates with a high level of resilience against all types of disasters, both natural and otherwise.

  6. Smart GridTechnology Systems • Wide-area monitoring and control. • Information and communications technology integration. • Renewable and distributed generation integration. • Transmission enhancement applications. • Distributed Grid Management. • Advanced metering infrastructure. • Electric vehicle charging infrastructure. • Customer side systems.

  7. The Smart Grid Source: www.renesas.eu

  8. Benefits of the Smart Grid

  9. Smart Grid – Regulatory Challenges

  10. Smart Grid – Regulatory Challenges

  11. Smart Grid – Regulatory Challenges

  12. Smart Grid – Regulatory Challenges

  13. Smart Grid – Regulatory Challenges

  14. Importance of the Regulatory Framework for Promoting Smart Grid Investment

  15. Evaluating Smart Grid Projects – Cost/Benefit Analysis overview

  16. Cost/Benefit Analysis

  17. Cost/Benefit Analysis

  18. Cost/Benefit Analysis

  19. Cost/Benefit Analysis

  20. Cost/Benefit Analysis

  21. Financing - Regulatory options

  22. Financing - Regulatory options - Specific Country Experience

  23. Financing - Regulatory options - Specific Country Experience

  24. Financing - Regulatory options - Specific Country Experience

  25. Financing - Regulatory options - Specific Country Experience

  26. Other Sources of Finance

  27. Status of Smart Grid Projects in Trinidad and Tobago

  28. Sector Structure and institutional Arrangements

  29. Assessment of Smart Grid Rollout in Trinidad and Tobago

  30. Policy Framework

  31. Renewable Generation

  32. Economic Regulation

  33. Economic Regulation

  34. Assessment of efficient costs

  35. Assessment of efficient costs

  36. Policy related to time of use tariffs, feed in tariffs and net metering tariffs

  37. Roll-out of technologies which support smart grid applications.

  38. Roll-out of technologies

  39. Safety and Standards

  40. Recommendations

  41. Recommendations

  42. Thank You!

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