Our recent event on the electricity strategy was sold out signalling significant interest and support from the business community towards a sustainable energy future. The strategy is scheduled to be debated on the 5th of July, and aims to deliver enhanced security, resilience, and sustainable energy. This marks a significant milestone in Guernsey’s journey towards a more environmentally responsible and secure energy landscape.
The event provided a platform for discussions on the strategic vision, challenges, and opportunities in Guernsey’s electrification journey. Deputy Lindsay de Sausmarez provided a clear overview of the strategy and the roadmap for delivery. Alan Bates, Chief Executive of Guernsey Electricity, played a vital role in myth-busting common misconceptions and addressing important questions about the security of importing energy and the much-discussed contract. You can look at the slides here
The Chamber of Commerce recognises the benefits of the electricity strategy and has publicly voiced its support. The strategy’s ambitious solar targets and encouragement of local renewables generation align with the Chamber’s vision of a more sustainable and economically empowered Guernsey. The progressive approach to tariffs, granting flexibility to incentivise local generation, is seen as a crucial factor in unlocking the island’s full potential in renewable energy sources.
The event highlighted the urgency of updating the electricity strategy to ensure Guernsey’s long-term economic prosperity. By addressing common misconceptions and providing clear insights, the event fostered a shared understanding of the strategic vision and challenges involved in the electrification journey.
One of the key questions addressed during the event was whether the French could ‘cut off’ Guernsey’s electricity supplies. Alan Bates clarified that this was not legally possible, but also provided reassurance that the interconnection does not tie us solely to French suppliers. The subsea cable connection with Europe allows the island to purchase from any supplier in Europe. The planned second interconnector will diversify supplies and provide Guernsey with the ability to import electricity from different sources, ensuring a secure and reliable supply even in the face of potential disruptions.
Another myth tackled during the event was the necessity of the power station in light of the proposed electricity strategy. Alan explained that while the power station currently plays a crucial role in meeting peak demand, it will be needed less and will move to providing backup generation only. The proposed strategy, with its emphasis on local generation and renewable energy sources, will gradually decrease the need for the power station but there is urgent investment required as much of the generation equipment is at end of life.
Overall, the event outlined that by encouraging local generation and investing in our network the strategy aims to secure the island’s energy supply, reduce carbon emissions, and benefit both the environment and the local community.
The Chamber of Commerce remains committed to driving the implementation of the electricity strategy. With a shared vision for a resilient and sustainable energy landscape, Guernsey is poised to take significant steps towards a greener future, ensuring a reliable and affordable electricity supply for all residents.