U.S. Virgin Islands - Renewables Portfolio Targets (Virgin Islands)

From Open Energy Information


Last modified on February 12, 2015.

Rules Regulations Policies Program

Place Virgin Islands
Name U.S. Virgin Islands - Renewables Portfolio Targets
Incentive Type Renewables Portfolio Standard
Applicable Sector Utility
Eligible Technologies "Renewable Resources" is not specifically defined in the law.
Active Incentive Yes
Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs





Credit Trading No











Standard 20% by 2015; 25% by 2020; 30% by 2025; increasing until 51% of generating capacity is derived from renewable or alternative energy.
Technology Minimum No







Website http://www.vienergy.org/index.html
Date added to DSIRE 2009-08-01
Last DSIRE Review 2012-05-10
Last Substantive Modification
to Summary by DSIRE
2012-05-10


References DSIRE[1]


Summary

In July 2009, the Virgin Islands passed Act 7075. Among other provisions, the legislation establishes that the "peak demanded generating capacity" of the Virgin Islands Water and Power Authority* must be from renewables according to the following schedule:


  • 20% by January 1, 2015
  • 25% by January 1, 2020
  • 30% by January 1, 2025

It further establishes that a "majority" of this generating capacity must come from renewables or alternative technologies beyond 2025. Joint rulemaking is to be undertaken by the Virgin Islands Energy Office and the Virgin Islands Water and Power Authority, although the rules are not yet available (as of February 2011). All of the implementation details of the standard will be developed as a result of the rulemaking.

It should be noted that in early 2010, the US Virgin Islands signed a Memorandum of Understanding with Department of Energy (Office of Minority Economic Impact) and the US Department of Interior (Insular Affairs) to further develop the US Virgin Islands clean energy strategies. The goal set within that Memorandum of Understanding was 60% of the USVI's energy needs would be met by renewables by the year 2025. The USVI is also part of the Energy Development in Island Nations (EDIN) international partnership.


  • The Virgin Islands Water and Power Authority is an autonomous entity within the Government of U.S. Virgin Islands. This public utility provides electricity to St. Thomas, St. John, St. Croix, Water Island, and Hassel Island.


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Incentive Contact

Contact Name Don Buchanan
Division Virgin Islands Energy Office
Address 4101 Mars Hill
Address 2 Frederisksted
Place St. Croix, Virgin Islands
Zip/Postal Code 00840
Phone (340) 713-8436 Ext:3612


Website http://www.vienergy.org/


Authorities (Please contact the if there are any file problems.)

Authority 1: Act 7075
Date Enacted 2009-07-03

















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"