ERA starts search for more power

(CNS Business): The body which monitors the islands’ power supply has said that, as a result of a projected peak in demand and the coming disuse of some of CUC’s existing generating capacity, it is offering the opportunity for qualified companies to bid to become new generators of up to 18MW of power for Grand Cayman. The Electricity Regulatory Authority announced on Tuesday the beginning of the process of competitive procurement.  Sherri Bodden-Cowan, the Chair of the Board, explained that competition for new generation on Grand Cayman is one of the core principles on which new licences were granted to CUC back in 2008. Read more on CNS Business