October 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,553.20, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Nov 8 2024 Bermuda Stock Exchange Report: Nov 7 […]

October 29 saw 45,380 shares trade on the Bermuda Stock Exchange, valued at $485,635.00 BD. 8,280 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.8% at $36.00 per share, while another 37,100 shares were traded by Argus Group Holdings Ltd, closing up 9.8% at $5.05 per share. The BSX finished at 2,507.61, […]

October 30 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,507.61, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Nov 8 2024 Bermuda Stock Exchange Report: Nov 7 […]

October 31 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,507.61, even on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Nov 8 2024 Bermuda Stock Exchange Report: Nov 7 […]

November 1 saw 4,000 shares trade on the Bermuda Stock Exchange, valued at $1,312,443.22 BD. 4,000 shares were traded by Argus Group Holdings Ltd, closing down 7.9% at $4.65 per share. The BSX finished at 2,498.07, down 0.38% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for […]

November 4 saw 3,000 shares trade on the Bermuda Stock Exchange, valued at $13,950.00 BD. 3,000 shares were traded by Argus Group Holdings Ltd, closing even at $4.65 per share. The BSX finished at 2,498.07, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day […]

November 5 saw 43,592 shares trade on the Bermuda Stock Exchange, valued at $519,557.00 BD. 9,892 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $36.00 per share, while another 33,700 shares were traded by Argus Group Holdings Ltd, closing up 4.3% at $4.85 per share. The BSX finished at 2,502.84, up […]

November 6 saw 1,300 shares trade on the Bermuda Stock Exchange, valued at $ 6,045.00 BD. 1,300 shares were traded by Argus Group Holdings Ltd, closing down 4.1% at $4.65 per share. The BSX finished at 2,498.07, down 0.19% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report […]

November 7 saw 18,327 shares trade on the Bermuda Stock Exchange, valued at $414,535.50 BD. 10,327 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.4% at $36.50 per share, while another 8,000 shares were traded by Argus Group Holdings Ltd, closing up 1.1% at $4.70 per share. The BSX finished at 2,526.08, […]

The Bermuda Stock Exchange [BSX] will be closed on Monday, November 11, in observance of the Remembrance Day Public Holiday. A spokesperson said, “The Bermuda Stock Exchange [BSX] advises that the Exchange will be closed on closed Monday, 11 November 2024, in observance of the Remembrance Day Public Holiday. The BSX will re-open on Tuesday, […]

November 8 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,526.08, even on the day. There were 0 advances, 0 decline, and 52 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock […]

Legislation to create a regulatory sandbox will “allow innovators in the energy sector both the physical and legislative space to carry out their development and testing of technologies,” Minister of Home Affairs Walter Roban said. Speaking in the House of Assembly today [May 20] the Minister said, “Today I am tabling the Bill entitled the […]

Greenrock released a report from BVG Associates “to help progress offshore wind as a key potential element of a sustainable, low carbon energy system for Bermuda.” A spokesperson said, “Bermuda’s greenhouse gas emissions need to reduce 60% by 2030 to align with international efforts to limit global warming to 1.5 degrees centigrade. If warming exceeds […]

The Government has introduced the Draft Consultation Fuels Bill and is inviting the public to provide feedback by emailing the Department of Energy at energy@gov.bm by September 7th. A Government spokesperson said, “The public will recall the efforts of the Department of Energy that led to the Government’s adoption of Bermuda’s National Fuels Policy in […]

The ‘Fuels Bill 2022′ will move the “responsibility for the regulation of fuels under the auspices of the Regulatory Authority,” Deputy Premier & Minister of Home Affairs Walter Roban said in the House of Assembly. The Minister said, “The Fuels Bill seeks to make the Regulatory Authority responsible for not only the regulation of the […]

In its mission to “raise awareness and funds to support” the Offshore Wind Feasibility Study Series, developed in collaboration with UK-based Offshore Wind Experts, BVG & Associates, Greenrock will be holding a sponsor forum at the Chubb Building, from 12.00pm to 2.00pm, on Friday [Oct 7]. “The forum, designed to host existing and potential supporters […]

“A 60MW offshore wind farm could generate up to 40% of Bermuda’s electricity,” according to a new study released by Greenrock into Offshore Wind Feasibility. A spokesperson said, “After completing an independent review of work carried out to date a few months ago, Greenrock is pleased to announce the release of an Offshore Wind detailed […]

“Today I am pleased to report that the price at the pump for gasoline has fallen 5.2 cents from the price cap put in place in February 2022,” announced Premier and Minister of Finance David Burt. Premier Burt continued, “As a result of Russia’s war in Ukraine, consumers worldwide faced record-high gas prices; however, the […]

Bermuda welcomed 20 energy professionals from 12 Caribbean nations for the Caribbean Energy Transition Academy Fellowship Summit. A Government spokesperson said, “This week, Bermuda welcomes 20 energy professionals from 12 Caribbean nations for the week-long Caribbean Energy Transition Academy Fellowship Summit and is proud to have 3 participants representing the Bermuda Electric Light Company [BELCO]. […]

Energy professionals from 12 Caribbean countries recently met to learn about Bermuda’s clean energy progress. A Government spokesperson said, “Recently [30 March], Acting Premier and Minister of Home Affairs Walter Roban gave closing remarks highlighting Bermuda’s clean energy progress and learnings to energy professionals from 12 Caribbean island nations, including Turks and Caicos, Saint Lucia, […]

“The price at the pump for Gasoline as of Tuesday, May 16, 2023, is expected to remain at 234.1 cents/litre,” announced Premier and Minister of Finance David Burt. “This price is equal to the February 2022 level of 234.10 cents/litre, at which prices were capped for the last fourteen months while global prices soared.” Without […]

As part of the next steps for Bermuda’s Integrated Resource Plan [IRP], the Regulatory Authority [RA], is “exploring new sources of clean energy in the form of an offshore wind farm and is inviting the public to hear about the preliminary results prior to making a decision.” Nigel Burgess, Acting Chief Executive at the RA […]

“The price at the pump for Gasoline as of Friday, June 16, 2023, will remain at 234.10 cents/litre,” announced Premier and Minister of Finance David Burt. “This price is equal to the February 2022 level of 234.10 cents/litre, at which prices were capped for the last fifteen months. “Diesel, for the third consecutive month, is […]

A cruise ship “sighted a suspected oil barrel adrift in Murrays Anchorage” and it was safely recovered from the water. A Bermuda Maritime Operations Centre spokesperson said, “Monday 17th July, 11:40am – Bermuda Radio was notified by the inbound cruise ship Vision of the Seas, that they had sighted a suspected oil barrel adrift in […]

The Regulatory Authority is reminding the public about two additional town hall events regarding the “potential of offshore wind farms for Bermuda.” A spokesperson said, “Following the success of its initial town hall meeting held in July 2023, regarding the potential of offshore wind farms for Bermuda, the Regulatory Authority is reminding the public about […]

Global [re]insurer Ariel Re has relaunched its Clean Energy division as Ariel Green, “recognizing the increasingly crucial role of Technology Performance Insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change.” A spokesperson said, “Ariel Re has insured $30bn worth of assets on six continents, covering over 30 clean […]

BELCO advised that beginning October 1st, 2023 there will be an increase in the Fuel Adjustment Rate [FAR]. A spokesperson said, “With the approval of the Bermuda Regulatory Authority, the FAR will increase from the existing rate of 16.513 cents per kilowatt-hour [kWh] to 24.517 cents per kWh. The FAR is comprised of 20.09 cents per […]

Since announcing there would be an increase in the Fuel Adjustment Rate [FAR] “there have been several misconceptions and incorrect information circulating,” the BELCO President said, adding that “customers’ bills are not increasing by 48%, only a portion of the bill will increase, the base rate and other charges will remain the same.” BELCO President […]

People gathered outside of BELCO on Serpentine Road in Pembroke this morning [Oct 9] to express their concern about the Fuel Adjustment Rate [FAR] increase which took effect this month. BELCO previously advised that beginning on October 1st, 2023 there will be an increase in the FAR. A spokesperson said, “With the approval of the Bermuda […]

[Opinion column written by OBA Shadow Minister for Legal & Home Affairs Scott Pearman] In his speech made the day he became Opposition Leader, Jarion Richardson observed that “blame is not a solution”. Friday’s press conference by Deputy Premier Walter Roban on the impending increases in our electricity costs, was sadly short on meaningful solutions. Instead […]

[Column written by Denise DeMoura] I’d like to share a few of my easiest ways to save money on BELCO bills. After I moved in with my husband, Anson Nash, he was shocked when I lowered our two-person monthly household electricity bill to about $100. So with BELCO’s new Fuel Adjustment Rate [FAR], our monthly […]

Members of the Bermuda Clean Air Coalition [BCAC] expressed concerns about pollution, the increased costs of electricity and more. A spokesperson said, “The announcement of increased costs for electricity has sparked outrage in the community, but for members of the Bermuda Clean Air Coalition [BCAC] and residents of the area, there is concern that exactly […]

[Column written by Denise DeMoura] A few people have asked me to help them understand more about Belco. So I’m going to try: starting with fuels and the generators that turn them into electricity. It’s overwhelming just trying to understand the differences between the types of fuel that Belco could potentially use–and the many different […]

Greenrock announced the release of the fourth study in our offshore wind feasibility study series – a Wind Speed and Annual Energy Production Analysis. A spokesperson said, “This study was commissioned to understand more accurately how much electricity could be generated by an offshore wind farm in Bermuda. “Key points from the study are as follows: […]

[Column written by Denise DeMoura] People all over Bermuda feel helpless about confusing BELCO bills. They trigger many emotions since we know that most of us can’t get our electricity anywhere else. Feeling that electricity rates are out of our control, and getting even more expensive, causes anxiety. We feel powerless against such a large […]

The Irbisio Green Energy Fund is officially launching, aiming “to provide an integrated approach to clean technology infrastructure investing.” A spokesperson said, “Irbisio Green Energy Fund is launching today to provide an integrated approach to clean technology infrastructure investing. With an initial target of $100 million to be deployed in two years, Irbisio will finance […]

[Updated] The Regulatory Authority [RA] announced the “approval of a reduction in the Fuel Adjustment Rate [FAR] from the existing rate of 24.5 cents per kilowatt hour [kWh] to 18.4 cents per kWh, effective January 1st.” A spokesperson said, “This decision follows a comprehensive evaluation of BELCO’s 2024 Q1 FAR submission indicating a decrease in […]

RUBiS Energy Bermuda has shared details regarding the opening hours for their various locations during the Christmas and New Year’s holiday season. Related Stories RUBiS Christmas & New Year’s Holiday Hours RUBiS Service Station Christmas Holiday Hours Govt Responds To Comments On NSC Contract Gas Stations: Opening Hours Over The Holiday Oil Insurance Upgraded By […]

The Regulatory Authority of Bermuda [RA] has approved an adjustment to the Feed-In-Tariff [FIT], increasing it from 0.131 $/kWh to 0.1915 $/kWh. A spokesperson said, “This decision is a calculated response to the dynamic shifts unfolding in both the energy and economic landscapes. “The rationale behind this move is grounded in a commitment to maintaining […]

The Regulatory Authority of Bermuda announced “its expansion into the regulation of the fuel sector, effective 1 January 2024.” A spokesperson said, “This strategic move is in alignment with the Fuel Act 2022, signifying a noteworthy step in the organisation’s commitment to regulatory oversight in Bermuda. This aligns with its mission to serve stakeholders through a proactive, […]

The Bermuda Clean Air Coalition [BCAC] said they “vehemently condemn the Department of Environment and Natural Resources [DENR] and Minister of Home Affairs Walter Roban for their grossly inadequate three-week consultation period on the Clean Air Amendment Bill and Water Resources Amendment Bill. “This hasty process not only undermines years of advocacy,” the organisation said. […]

Following the recent electricity rate increases, the Government announced it “will reduce energy taxes by at least 50%” saying the Cabinet approved the reduction yesterday and they are working to have it tabled in the House of Assembly on Friday “so that the tax cut can go into place with immediate effect.” A Government spokesperson […]

The FDM said they “support the recent announcement by the Government to cut energy taxes” but added that it is “imperative that the Government moves beyond short-term fixes and focuses on sustainable solutions that address the root causes of our economic challenges.” A spokesperson said, “The Free Democratic Movement [FDM] supports the recent announcement by the […]

The Regulatory Authority of Bermuda [RA] announced the “start of the Integrated Resource Plan [IRP] consultative process with the release of the BELCO IRP Proposal.” A spokesperson said, “The IRP is a strategic blueprint outlining Bermuda’s long-term energy future. The IRP Proposal, which is BELCO’s view of the energy future, is now available for the […]

“The Ministry of Home Affairs is “encouraging the public to participate in the next-generation Integrated Resource Plan [IRP] consultation process, highlighting the community’s crucial role in shaping Bermuda’s energy future.” A Government spokesperson said, “This public engagement ensures that our energy landscape aligns with both global advancements and local innovations. “Since 2018, Bermuda has embarked […]

The Government said they are “committed to ensuring that it introduces solutions to assist hard working residents” and also encouraged residents to implement energy-saving measures. A Government spokesperson said, “The Government of Bermuda is committed to ensuring that it introduces solutions to assist hard working residents. That’s why it has taken decisive action to alleviate […]

Youngsters can enjoy the fun and excitement of gymnastics at an Open House event next month. The Open House is hosted by the Bermuda Gymnastics Association’s training centre in Southside, St David’s, on July 10. The free session, from 9 am to 11 am, is for children aged 1 to 5. Related Stories Results: International […]

[Written by Stephen Wright] Bermudian gymnast Aria Divine has claimed her second All-Around National Champion title in the Independent Gymnastics Association [IGA] Level 8 National Championships. Divine, 10, began her gymnastics career at the Bermuda Gymnastics Association in St David’s aged four and has lived with her family in Oxford since 2018. She joined Miss […]

[Written by Stephen Wright] A team of 13 gymnasts represented the island at the recent Presidential Classic at the ESPN Wide World of Sports Complex in Orlando, Florida. The team, accompanied by their coach Dariana Rojas, competed at compulsory and optional levels against more than 4,000 participants worldwide. On the opening day, Alyssa Andrews, competing at […]

The Bermuda International Gymnastics Challenge will be held at the Training Centre in St David’s in March next year. Organised by Bermuda Gymnastics, the competition is from March 16 to 17, with male and female athletes judged under USA Gymnastics rules, all Xcel levels and levels 1 to 10. The entry deadline for gymnasts is […]