The year 2023 was a most significant one for the company. The transition to renewable energy marked the year as one of significant challenges. Generation capacity shortfall dominated the company’s focus during the year as it endeavored to take all steps required to ensure adherence to its statutory mandate to maintain firm capacity to meet the demand for power.

In the second half of 2023, customers experienced persistent load shedding throughout the island. This activity was necessary to address a severe shortfall in generation capacity resulting from various challenges experienced with the Generation Fleet. Load shedding was implemented in an effort to optimize the available capacity to supply the productive sectors of the economy with a reliable supply of electrical energy while ensuring that the other sectors were not adversely affected

Patrick Pemberton – Chairman