Power bosses to talk shop in Cayman

(CNS): The Cayman Islands is playing host this year to the annual CARILEC conference where industry big wigs and stakeholders come together to talk about the power industry. Over one hundred CEO’s and industry representatives are expect to attend the four day 20th anniversary conference at the Grand Cayman Marriott Beach Resort 7-10 June. “This conference is the most prestigious of CARILEC’s conferences and I am very pleased that CUC has the opportunity to host this special anniversary event,” said President and Chief Executive Officer of CUC Richard Hew.

CARILEC, the Caribbean Electric Utility Service Corporation is an association of electric utilities, suppliers, manufactures and others operating in the electricity industry in the Caribbean which plays a coordinating role in training, research, information sharing and disaster recovery.   

Hew said that the conference which normally attracts Caribbean Utility CEO’s and top level executives from companies which do business with them from Europe, Latin America, and the US would be busy but also provide an opportunity for visitors to enjoy Cayman.

“I am sure that the business programme over the four days will be busy with enlightening presentations and discussions but we will also ensure that the over one hundred delegates attending have the opportunity to explore our Island and enjoy our famous Caymanian hospitality,” Hew added.

This is the second time the conference is being held in Grand Cayman. The first time was in 1994 the same year CUC joined CARILEC. There will be a number of industry issues discussed and according to Nigel Hosein the Executive Director of CARILEC a key issue will be the impact of high oil prices on investment in clean energy. He believes that the conference is an excellent forum for ensuring that utilities across the Caribbean stay the course for integrating renewable sources of energy as part of their supply despite the recent reprieve from skyrocketing oil prices.