GEISHA KOWLESSAR-ALONZO
Senior Reporter
geisha.kowlessar@guardian.co.tt
President of bpTT David Campbell says the company is trying to be a more efficient producer and the elimination of waste is one way of doing that.
“We should be doing that all the time,” Campbell said, when asked by members of the media at yesterday’s Caribbean Sustainable Energy Conference whether there would be any sort of cost-cutting measures locally, or any plans in terms of bpTT in the long term.
“I don’t really think about cost cutting. I mean, that’s got a very negative connotation, but elimination of waste, wherever we see it, trying to be a more efficient producer, we should be doing that all the time.
“And that’s exactly what we’ve been focused on. And our teams have been really good at bringing forward ideas. So I want people to feel empowered to point that out and use new technologies, new techniques, learn from others,” Campbell said.
On the company’s performance, he said bpTT has made a lot of progress in the last year or so adding that he was “really pleased with that.”
“Production has been stronger, the underlying performance of the business has been good. I think cooperation across the industry is very positive. I give credit to the Government that we worked with before and the early conversations we’ve had with the new government as well. So that, I think, all augurs very well for Trinidad and Tobago,” he added.
The theme of the conference is “Adapting and Recalibrating.”
Chair of the Energy Chamber of T&T Mala Baliraj, who addressed participants at the start of the event, said while there is clearly progress across the region and tremendous opportunities exist, the reality is that actual implementation lags behind ambition.
She said given the global shifts, it is important to take a hard and honest look and see what is needed to close that gap.
“The discussion on sustainable energy in the Caribbean tends to focus mainly on the electricity sector and investments in renewable energy. While this is absolutely crucial, there also needs to be a focus on the industrial sector and what are often called the ‘hard to abate’ sectors.
“Within the Caribbean, the Energy Chamber of T&T is uniquely placed to bring together experts from the traditional fossil fuel sector, heavy industry and specialists working in renewables and energy efficiency, to discuss shared challenges and opportunities to the benefit of our region. This sets apart this conference, from some of the other regional sustainable energy forums,” Baliraj said.
On the issue of skills, she said this could be used for the benefit of the entire Caribbean, noting that the Energy Chamber has always been actively involved in efforts at regional integration.
“We continue to believe that the full implementation of the Caricom Single Market and Economy—or CSME—will help boost economic development in all Caribbean countries.
“The private sector in T&T has demonstrated its readiness to share experiences, to invest and to work in partnership with companies across the region. As in many cases, it is the private sector which has led on regional integration, and we remain committed to the cause,” Baliraj said.
She advised while the private sector could and does trade across borders, it would need a collaborative approach with governments, regulators and regional organisations to fully benefit from integration of energy systems.
“There is a big potential opportunity with regional grid integration, and we think that is a conversation that needs to be actively pursued. We are clear that all of the economies in our region are small and vulnerable to external shocks. Better regional integration will help build resilience and allow for a more diversified energy mix,” Baliraj suggested.
The conference which began yesterday and is being held at the Hilton Hotel is expected to conclude on tomorrow.