The Jamaica Public Service Firm (JPS) has careworn the significance of a progress technique to increase its sustainability, amidst a big slowdown in electrical energy gross sales.
Late final 12 months, the Workplace of Utilities Regulation (OUR) informed a sitting of Parliament’s Public Administration and Appropriations Committee (PAAC) that JPS’ gross sales in megawatt-hours had slowed to about 1% from 2% within the final 5 years.
The OUR additionally famous the numerous impression on JPS’ electrical energy gross sales, following the passage of Hurricane Beryl in July 2024.
Talking throughout Tuesday’s assembly of the PAAC, Chairman Peter Bunting pointed to the OUR’s indications, noting that gross sales would have been additional impacted by Hurricane Melissa final October and with extra clients switching to photo voltaic power.
He requested JPS President and Chief Government Officer, Hugh Grant in regards to the firm’s means ahead.
In response, Mr. Grant famous that JPS should search progress alternatives in various industries similar to these associated to synthetic intelligence (ai).
He additionally famous that JPS is exploring different choices similar to connecting ships to the onshore electrical grid whereas docked, permitting them to show off their auxiliary diesel engines.
Mr. Grant added that alternatives may very well be potential if the nation’s transportation sector is inspired.
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