Up to £500m. should be spent on energy infrastructure - report
GUERNSEY should invest in future cable links and on-island energy generation at a potential cost of more than £500m. over the next 25 years, it has been recommended.
A States report, looking at the future of Guernsey's electricity supply, has called on deputies to support the current policy of combining on-island generation and increased links with other jurisdictions. The report has revealed seven potential options for future investment over the next quarter of a century – the cheapest being just under £500m.
The most expensive option – costing £575m. – would see the island rely solely on importation.
However, deputies have been asked to support a combined approach.
The joint report from Policy Council, Commerce and Employment and Treasury, also recommends that electricity customers continue to fund the improvements necessary, despite concern about increased prices.
'This approach can be described as the "user-pays" principle and can be readily justified,' it said.
Deputies will debate the report in June.
