Page 6 - CARILEC CE Industry Journal_Oct_2019

30 AND COUNTING… PREPARE TO BE DISRUPTED
REPOSITIONING & RENEWAL OR PREPARE TO DISRUPT…

The Caribbean Electric Utility Services Corporation Through the implementation of the CARILEC Strategic
(CARILEC) was established in 1989 as an association of Plan for 2018-2022, it is expected that the Association
electric utilities operating in the electricity industry in the will be able to assist its members to be part of the cadre
Caribbean region, Central and South Americas and of “disrupters” and innovators, as opposed to merely
globally. The CARILEC Secretariat endeavors to improve coping with and responding to the disruption. As stated
communication among its members, providing technical by Christensen: “disruptive innovation can hurt, if you
information, training, capacity building, conferences and are not the one doing the disrupting.”…and there are
other industry related services; and plays a leading role indeed significant disruptions brought about by a myriad
in electric utility advocacy, growth and sustainability in of factors: the escalating and devastating impacts of
the Caribbean region, Central and South Americas. With climate change with the increasing frequency and
a progressive vision to continue to drive change and intensity of weather systems; vulnerability to cyber and
transformation in the electric energy industry, a information security threats of various kinds; the rapid
comprehensive strategic review exercise was embarked pace of technological innovations; uncertainty in
upon from 2017 and on the eve of the 30th anniversary adjustments in energy demand and supply dynamics;
of the Association, a bold and transformational Strategic energy policies, legislative and regulatory reform in the
Plan was launched for the five (5) year period, sector and growing interest in electrification of transport
2018-2022. This signaled a significant re-positioning of in the region.
the organization for an even greater level of engagement,
service delivery and value to our members across the CARILEC understands the importance of collaboration,
industry and to more effectively facilitate the research, shared learning, and networking in improving
development of world class sustainable electric energy utility operations and the development of the energy
solutions for all peoples of the Caribbean Region. sector, more generally. With the increasingly important
role of Independent Power Producers (IPPs), regulatory
The new Strategic Plan was based on a fundamental bodies and consumer groups, forums, publications and
reexamination of the main tenants of the Association partnerships are necessary to promote effective
and resulted in a renewal of the Vision, Mission, Values communication, development and dissemination of relevant
and Bye Line, as well as the articulation of six strategic solutions among stakeholders. In this regard, CARILEC
objectives, and related initiatives, programmes and regularly hosts utility symposiums and conferences for
activities for the ensuing period of the Plan. industry professionals and other stakeholders.

04 CE INDUSTRY Journal