PROJECTS / FortisTCI Limited Review Renewable Energy Legislation

FortisTCI Limited Review Renewable Energy Legislation

Latin America and the Caribbean

October 22, 2020

FortisTCI (FTCI), the electricity utility in the Turks and Caicos Islands, contracted K&M to review and advise on draft legislation for renewable energy (RE). This included reviewing and marking up the draft amendment to the Electricity Ordinance to ensure proposed mechanisms for introducing RE were complete and internally coherent. The proposed mechanisms included licenses for independent power producers, integrated resource plans, interconnection requirements and standards, feed-in-tariffs, and a new tariff structure for distributed generation. K&M also submitted a report identifying potential risks and making recommendations to improve the consistency, adequacy, and reasonableness of the provisions in the draft bill.

Economic and Financial Due Diligenc

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