The Bermuda Energy Summit 2016 has been hailed an “unqualified success”, by Grant Gibbons, the Minister of Economic Development.

The event that was held on June 29 at the Hamilton Princess and attracted 110 attendees with over 20 panellists sitting in five panels.

Dr Gibbons told the House of Assembly the summit looked at a range of topics including the department’s energy policy, fuel technologies and energy storage.

He also confirmed that the selection of a developer for the solar farm facility at The Finger will begin at the end of 2016.

“We hope to make this an annual event by continuing to engage public, Belco, fuel suppliers, potential investors, developers and environmental interests — all of which have a major interest in Bermuda’s energy sector,” Dr Gibbons said.

The summit also looked at the CETO system that employs a technology that harnesses ocean swell movement to actuate a submerged buoy, which drives a generator to produce electricity.

“CETO has potential for use in Bermuda and is anticipated to be tested in a pilot version,” Dr Gibbons added.