Results for Tonga Power Ltd

A training series on Power Purchase Agreements for a Pacific Energy Regulators Alliance was launched by the Asian Development Bank on April 14.

A new five years Electricity Concession Contract, to secure the supply of electricity to Tonga’s main island groups of Tongatapu, ‘Eua, Ha’apai and Vava’u was signed in Nuku’alofa on 12 January 2021.

This increase in fuel prices during the quarter has resulted in an increase on our electricity tariff from the current electricity tariff of 61.02 seniti per kWh to 63.82 seniti per kWh and was approved by the Tonga Electricity Commission to be effective on 1 November 2020. / Na’e palani ‘e he Kautaha ‘Uhila ke kamata ngaue’aki e totongi ‘uhila fo’ou ko’eni ‘i ‘Okatopa 2020, ka ‘oku toloi ke toki ngaue’aki he ‘aho ‘uluaki ‘o Novema 2020, tu’unga he ngaahi ngaue na’e fakahoko ki hono fakapaasi e totongi ‘uhila fo’ou. - Tonga Power Ltd.

Tonga Power Ltd. announced its lowest electricity tariffs in 14 years, as diesel prices continue to drop during the CoViD-19 pandemic. A 16.4% reduction in the tariff will last for three months from 1 July 2020 unless otherwise reviewed.

A total powerstation blackout on Tongatapu for a few hours this morning, was caused by a temporary cooling system failure on the generators.

The price of electricity has increased starting today, 1 November, from $0.799 to $0.8316 per kWh, approved by the Electricity Commission. With the tarriff increase, Tonga Power Ltd. expects to recover $1.6 million over 12 months, to offset losses in fuel costs.

Tonga’s first large scale Battery Energy Storage System to be built at the Popua Power Station is expected to be operational in May 2020, contributing to Tonga’s 50% Renewable Energy target.

Tonga’s aim to reach 50% of renewable energy by 2020 is on track said Tonga Power Ltd CEO, Seti Chen. “The goal of renewable energy is to reduce our reliance on fossil fuel (diesel),” he told Matangi Tonga, while they have seen growth in demand for power increasing more than they thought it would. He said one of the biggest misconceptions is people thinking their electricity bills will be reduced by 50% once the project is completed. “It’s not 50% off the tariff that will be reduced, it’s actually 50% off the diesel that we are displacing,” said Seti. By Eleanor Gee

US$29.9 million funding for the Tonga Renewable Energy Project (TREP) was approved by the Green Climate Fund during its 21st Board Meeting in Bahrain on October 17.