EXCLUSIVE FOR DOMINICAN TODAY
Santo Domingo.- DT on Wednesday learned that U.S. based power company North Energy Central (NEC) proposed to expand its original offer to install a natural gas-fired plant in Manzanillo, Montecristi province (northwest) by 100 megawatts, to a total of 400MW of clean energy based on U.S. leading edge technology.
A DT source close to the transaction said the project, pending approval by the State-owned Electric Utility (CDEEE), which should sign the power purchase agreement (PPA), already counts on a provisional concession, public views, environmental impact study, geologic and electricity pre-studies, as well as on the physical structure. “Formal proof of the company’s technical, and of the investors’ financial capacity have already been submitted, backed by world renowned banks.”
They affirm that NEC also has natural gas-supply contracts based on NYMEX prices, not only to power the plant, but to also immediately meet the CDEEE’s needs to convert its oil based energy park. “This would help remove the nagging electricity subsidy from the government’s shoulders.”
The estimated US$750 million investment is from private U.S. sources, the source said, “but the Dominican Republic doesn’t have to incur in any financial expense, in addition to being American capital, equipment, technology and natural gas,” and noted the free trade agreement (DR-Cafta) in effect with the U.S.
“With this energy project, designed by an American engineer of renowned international experience, NEC will generate 200 megawatts in 18 months and 400MW in 28 months, plus a storage tank within 30 months,” the source said, noting that the PPA between NEC and CDEEE- expected to signed shortly- will be with competitive prices, compared with the current average the CDEEE now spends, as published on its Website. “This means savings of around US$300 million per year, not counting those generated by the plants’ conversion to natural gas which will be supplied by NEC. The work will start immediately when the company achieves the signature and formalizes the permits required by law.”
Written by: BASTA, 20 Mar 2013 3:34 PM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
Watch for the big print!
Written by: rokete, 20 Mar 2013 3:51 PM
From: Dominican Republic, Santo Domingo
Seems convenient, not optimal.
Solar Energy is optimal.
Nevertheless, something is better than nothing.
But, don't make the same Barrick Gold mistake,
to later regret it and want to recall it.
Still some people say we are not moving forward.
Still some people said, no foreign company would want to do business with us Dominicans.
Still some people said we are going to the abyss.
This is the answer to your negativity.
Moving forward in Dominicana !!!
Written by: danny00, 20 Mar 2013 4:19 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
This is the answer to your negativity.
Moving forward in Dominicana !!!
OK! YOUR RIGHT..........
BUT WHEN MILLIONS OF DOMINICANS HAVE AN IQ OF 67 THEN THATS NOT MOVING FORWARD TO ME. YES OTHERS ARE GOING IN THE RIGHT DIRECTION, BUT THE DR?
Written by: JHCL2016, 20 Mar 2013 5:28 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
Someone said "solar"?
Chinese Solar Panel Maker Suntech Goes Bankrupt
npr.org/blogs/thetwo-way/2013/03/20/174828432/chinese-solar-panel-maker-suntech-goes-bankrupt
Solar Energy Company Touted By Obama Goes Bankrupt
abcnews.go.com/blogs/politics/2011/08/solar-energy-company-touted-by-obama-goes-bankrupt/
(•.•)
Written by: Atabey, 20 Mar 2013 5:53 PM
From: United States, NYC
Solar Is On Track To Be As Cheap As Our Current Electricity By 2020.
Computer scientist Ramez Naam created the following graph on plummeting solar prices based on a report by the Department of Energy's National Renewable Energy Laboratory:
Naam found that if solar prices continue to decline at that rate, solar will be as cheap as our current electricity by 2020:
$0.11 per Kwh by 2020.
Naam further found that the cost of solar photovoltaics has been declining at a logarithmic scale. Similarly to "Moore's law," a specific learning curve for computer hardware documenting the steady and rapid decline in costs, solar has its own fairly predictable learning curve leading to cost reductions. The National Renewable Energy Laboratory states that "For many years, the price of modules has followed a well-documented learning curve of a 20 percent reduction for every doubling of global module shipments" based partly on "shared knowledge and experience." Scientific American, 3/16/11
Written by: Atabey, 20 Mar 2013 6:01 PM
From: United States, NYC
Nano tubes indeed! And, was it funded by the private sector? No. This new technology came from NREL.gov:
nrel.gov/continuum/deliberate_science/carbon_nanotubes.cfm
Now I know that battery technology is already available for licensing!
Written by: rokete, 20 Mar 2013 6:03 PM
From: Dominican Republic, Santo Domingo
danny00
Yes moving forward in Dominicana !!!
We are moving forward because we are trying to emulate Europe and North America.
If we compare our country to your Haiti,; we are a superpower.
So there you have nothing to talk about.
You are still emulating West Africa 300 years ago.
Your Haitian Quilombo is still in the African dark ages.
Written by: Atabey, 20 Mar 2013 6:05 PM
From: United States, NYC
Actually, solar energy is already at grid parity with fossil fuel based energies even without taking into consideration the external costs of burning fossil fuels such as wars, health issues caused (such as asthma, cancer, etc), mountaintop removal, wear and tear on infrastructure from transportation offuel, degradation and pollution of the environment, global climate
change, etc. The average cost of solar energy coming out of rooftop
solar panels (/kwH) is cheaper than the electricity you buy today from your
utility company! Add in the externalities and it's WAY cheaper
Keep in mind that the cost of coal is much more than what we pay on our electric bills - coal gets huge subsidies from the govt in the form of tax incentives and has been getting them for over 100 years - The first direct form of subsidizing in the US was in 1789 - a sales tax on foreign coal so people would buy American coal.First tax deduction based subsidies for coal begin in 1932 (and are still in place).
Written by: Atabey, 20 Mar 2013 6:06 PM
From: United States, NYC
In the 1950's, more tax breaks for coal industry started as taxes are raised to fund the Korean War on other industries while coal was excluded (still in place). In the 1980s, most corporations paid approx 28% taxes, while big fossil fuel companies paid as low as 6%. Fossil fuels are getting harder to find, more expensive to extract, and that's only going to continue. Add in all the external costs I mention above and the real cost of fossil fuel based energy is much higher than renewables and much higher than you see on your electric bill each month.
The only reasons that conventional sources are cheaper is that they are more heavily subsidized by the government, their technologies are more mature, having been used for longer, and the infrastructure in place to provide those things.
You are really comparing apples to oranges here.
By the way, could you tell me why many places are starting to use solar?
Written by: rokete, 20 Mar 2013 6:15 PM
From: Dominican Republic, Santo Domingo
France Announces Tender For 400 MW Of Large Solar Photovoltaic Plants March 18, 2013
GE Announces 400-MW Solar Manufacturing Plant in Colorado
Solar is the “Fastest Growing Industry in America” and Made Record Cost Reductions in 2010
OCI Solar Power to develop 400 MW solar power plant in Texas
CPS Energy to launch massive, 400 MW solar project in San Antonio
12. January 2012
If other countries are investing in solar energy why not us ???
Solar energy for Dominicana Please !!!
From: United States
once again, the wrong strategy from the DR. i have no idea if, or when, they will ever learn. it is time to understand that when foreigners decide to set up a mega project, you have to OWN a part of it. the bulk of the tourism industry is foreign owned. i read an article that stated that all the major hotels in the DR are foreign owned. therefore, they get to decide who gets the best jobs, and they get the bulk of the money. the Cruise Ship port at Maimon; fully owned by Carnival. look at Barrick; fully owned and controlled by Canadians. now this; fully owned by outsiders. if the DR government put up a part of the money, they would have a say at shareholder meetings. right now, they are just bystanders, looking on at the show, and getting a few coins for letting foreigners use the country to make money.
From: United States
Dannyhaitianoo brayed:
"But when millions of Dominicans have an IQ of 67"
And yet,each one of them can spell better than you.
We are educating your Daughter,remember?
By the way,she says hi.
Written by: RoyStone, 20 Mar 2013 9:01 PM
From: Australia
"Clean" energy?
Only if you don't care about global warming.
If you do, then nuclear is the only viable, cheap and safe option.
Written by: Danilo, 20 Mar 2013 9:25 PM
From: Dominican Republic, www.DuckyDeals.com
Great info Rokete and Atabey! Thank you!
From: United States
Urrrah, there goes the cavalry......
Big brother above the map.
From: Dominican Republic, Santo Domingo
Dear Roystone
In dominiccan republic aunque es uno de los paises de america con mas energia renovable segun las autoridades, tiene planta a Carbon y a petroleo muchisimo mas contaminantes que el GLN.
Con relacion a la energia nuclear y sus bondades, vomos lo de Japon y entendemos que los desechos nucleares en una forma atroz de contaminancion.
Written by: RoyStone, 22 Mar 2013 6:37 AM
From: Australia
TontoDominicano,
About 20,000 people died from the Japanese earthquake and tsunami. Not one single death from radiation exposure.
Consider the following fatality rate per TWHr
Energy Source Death Rate (deaths per TWh) OLD
Coal – world average 161 (26% of world energy, 50% of electricity)
Coal – China 278
Coal – USA 15
Oil 36 (36% of world energy)
Natural Gas 4 (21% of world energy)
Biofuel/Biomass 12
Peat 12
Solar (rooftop) 0.44 (less than 0.1% of world energy)
Wind 0.15 (less than 1% of world energy)
Hydro 0.10 (europe death rate, 2.2% of world energy)
Hydro - world including Banqiao) 1.4 (about 2500 TWh/yr and 171,000 Banqiao dead)
Nuclear 0.04 (5.9% of world energy)
From: United States, NJ
Dr Dreadlocks:
I could not say it any better.Added to that the energy must be bought from them at bulk by the gvt to
be distributed as subsidy plus supply the grid maintanace and construction.In other words gvt is
their distibution center and collecting agency. "BULL SHIT"!!!
From: United States, NJ
Roy:
If it wasn't for the fact DR being an earth quake spot and no way to get rid of the waste ,it would
be ideal your proposition. First they have to learn to be civilize and pay their bill when it is due.Let
private enterprice do all the leg work as it is done in the USA and other countries. The gvt is into
the electric sector because no one wants the head aches plus it is a political posture,to give jobs
to their party members. If electric sector was to be privatized the same amount of productive
employees would be needed minus the BOTELLAS and the gvt wouln't have to put out a penny
but collect taxes on the revenue.
Either way you put it ,we have to import fuel. Atabay has a point on utilizing wind,sun,hydroelectric
If those US$1.2 bns they use to buy electricity ,if 1/10th were to be used to create their own wind,
and solar energy at the end of 20 yrs they would be energy sufficient.
From: Dominican Republic, Santo Domingo
Roystone
Veo Australia en su comentario, ese es un subcontinente, RD es una islita mejor dicho una media lslita que compartimos con el pais mas pobre de america y donde el control ambiental no existe, 48,000 kilometros, conociendo como se manejan las cosas aqui el dia que se le ocurra a un politico, claro con apoyo del congreso, como con la Berry Gold, instalar una planta atomica aqui hay que salir enseguida del pais.
,
Parece que no se recuerda de la tragedia de Chernobyl en Rusia, una super potencia con miles de bombas atomicas como los EEUU..y logicamente con experiencia de sobra en el manejo de esa tecnologia. Por aca cerca pasan los barcos japoneses que transportan los residuos nucleares para ser tratados no se donde, el dia que se hunda un barco de esos nos embromaos como pais que depende del turismo en gran medida.
Written by: TinyTim, 23 Mar 2013 6:18 PM
From: United States
Written by: TontoDominicano
Roystone
Veo Australia en su comentario, ese es un subcontinente, RD es una islita mejor dicho una media lslita que compartimos con el pais mas pobre de america y donde el control ambiental no existe, 48,000 kilometros, conociendo como se manejan las cosas aqui el dia que se le ocurra a un politico, claro con apoyo del congreso, como con la Berry Gold, instalar una planta atomica aqui hay que salir enseguida del pais.
,
Parece que no se recuerda de la tragedia de Chernobyl en Rusia, una super potencia con miles de bombas atomicas como los EEUU..y logicamente con experiencia de sobra en el manejo de esa tecnologia. Por aca cerca pasan los barcos japoneses que transportan los residuos nucleares para ser tratados no se donde, el dia que se hunda un barco de esos nos embromaos como pais que depende del turismo en gran medida.
-----It will take Roystone 100 years to understand what you wrote.
Diselo en Ingles.
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Seems convenient, not optimal.
Solar Energy is optimal.
Nevertheless, something is better than nothing.
But, don't make the same Barrick Gold mistake,
to later regret it and want to recall it.
Still some people say we are not moving forward.
Still some people said, no foreign company would want to do business with us Dominicans.
Still some people said we are going to the abyss.
This is the answer to your negativity.
Moving forward in Dominicana !!!
Moving forward in Dominicana !!!
OK! YOUR RIGHT..........
BUT WHEN MILLIONS OF DOMINICANS HAVE AN IQ OF 67 THEN THATS NOT MOVING FORWARD TO ME. YES OTHERS ARE GOING IN THE RIGHT DIRECTION, BUT THE DR?
Someone said "solar"?
Chinese Solar Panel Maker Suntech Goes Bankrupt
npr.org/blogs/thetwo-way/2013/03/20/174828432/chinese-solar-panel-maker-suntech-goes-bankrupt
Solar Energy Company Touted By Obama Goes Bankrupt
abcnews.go.com/blogs/politics/2011/08/solar-energy-company-touted-by-obama-goes-bankrupt/
(•.•)
Solar Is On Track To Be As Cheap As Our Current Electricity By 2020.
Computer scientist Ramez Naam created the following graph on plummeting solar prices based on a report by the Department of Energy's National Renewable Energy Laboratory:
Naam found that if solar prices continue to decline at that rate, solar will be as cheap as our current electricity by 2020:
$0.11 per Kwh by 2020.
Naam further found that the cost of solar photovoltaics has been declining at a logarithmic scale. Similarly to "Moore's law," a specific learning curve for computer hardware documenting the steady and rapid decline in costs, solar has its own fairly predictable learning curve leading to cost reductions. The National Renewable Energy Laboratory states that "For many years, the price of modules has followed a well-documented learning curve of a 20 percent reduction for every doubling of global module shipments" based partly on "shared knowledge and experience." Scientific American, 3/16/11
Nano tubes indeed! And, was it funded by the private sector? No. This new technology came from NREL.gov:
nrel.gov/continuum/deliberate_science/carbon_nanotubes.cfm
Now I know that battery technology is already available for licensing!
danny00
Yes moving forward in Dominicana !!!
We are moving forward because we are trying to emulate Europe and North America.
If we compare our country to your Haiti,; we are a superpower.
So there you have nothing to talk about.
You are still emulating West Africa 300 years ago.
Your Haitian Quilombo is still in the African dark ages.
Actually, solar energy is already at grid parity with fossil fuel based energies even without taking into consideration the external costs of burning fossil fuels such as wars, health issues caused (such as asthma, cancer, etc), mountaintop removal, wear and tear on infrastructure from transportation offuel, degradation and pollution of the environment, global climate
change, etc. The average cost of solar energy coming out of rooftop
solar panels (/kwH) is cheaper than the electricity you buy today from your
utility company! Add in the externalities and it's WAY cheaper
Keep in mind that the cost of coal is much more than what we pay on our electric bills - coal gets huge subsidies from the govt in the form of tax incentives and has been getting them for over 100 years - The first direct form of subsidizing in the US was in 1789 - a sales tax on foreign coal so people would buy American coal.First tax deduction based subsidies for coal begin in 1932 (and are still in place).
In the 1950's, more tax breaks for coal industry started as taxes are raised to fund the Korean War on other industries while coal was excluded (still in place). In the 1980s, most corporations paid approx 28% taxes, while big fossil fuel companies paid as low as 6%. Fossil fuels are getting harder to find, more expensive to extract, and that's only going to continue. Add in all the external costs I mention above and the real cost of fossil fuel based energy is much higher than renewables and much higher than you see on your electric bill each month.
The only reasons that conventional sources are cheaper is that they are more heavily subsidized by the government, their technologies are more mature, having been used for longer, and the infrastructure in place to provide those things.
You are really comparing apples to oranges here.
By the way, could you tell me why many places are starting to use solar?
France Announces Tender For 400 MW Of Large Solar Photovoltaic Plants March 18, 2013
GE Announces 400-MW Solar Manufacturing Plant in Colorado
Solar is the “Fastest Growing Industry in America” and Made Record Cost Reductions in 2010
OCI Solar Power to develop 400 MW solar power plant in Texas
CPS Energy to launch massive, 400 MW solar project in San Antonio
12. January 2012
If other countries are investing in solar energy why not us ???
Solar energy for Dominicana Please !!!
"But when millions of Dominicans have an IQ of 67"
And yet,each one of them can spell better than you.
We are educating your Daughter,remember?
By the way,she says hi.
Only if you don't care about global warming.
If you do, then nuclear is the only viable, cheap and safe option.
Big brother above the map.
In dominiccan republic aunque es uno de los paises de america con mas energia renovable segun las autoridades, tiene planta a Carbon y a petroleo muchisimo mas contaminantes que el GLN.
Con relacion a la energia nuclear y sus bondades, vomos lo de Japon y entendemos que los desechos nucleares en una forma atroz de contaminancion.
About 20,000 people died from the Japanese earthquake and tsunami. Not one single death from radiation exposure.
Consider the following fatality rate per TWHr
Energy Source Death Rate (deaths per TWh) OLD
Coal – world average 161 (26% of world energy, 50% of electricity)
Coal – China 278
Coal – USA 15
Oil 36 (36% of world energy)
Natural Gas 4 (21% of world energy)
Biofuel/Biomass 12
Peat 12
Solar (rooftop) 0.44 (less than 0.1% of world energy)
Wind 0.15 (less than 1% of world energy)
Hydro 0.10 (europe death rate, 2.2% of world energy)
Hydro - world including Banqiao) 1.4 (about 2500 TWh/yr and 171,000 Banqiao dead)
Nuclear 0.04 (5.9% of world energy)
I could not say it any better.Added to that the energy must be bought from them at bulk by the gvt to
be distributed as subsidy plus supply the grid maintanace and construction.In other words gvt is
their distibution center and collecting agency. "BULL SHIT"!!!
If it wasn't for the fact DR being an earth quake spot and no way to get rid of the waste ,it would
be ideal your proposition. First they have to learn to be civilize and pay their bill when it is due.Let
private enterprice do all the leg work as it is done in the USA and other countries. The gvt is into
the electric sector because no one wants the head aches plus it is a political posture,to give jobs
to their party members. If electric sector was to be privatized the same amount of productive
employees would be needed minus the BOTELLAS and the gvt wouln't have to put out a penny
but collect taxes on the revenue.
Either way you put it ,we have to import fuel. Atabay has a point on utilizing wind,sun,hydroelectric
If those US$1.2 bns they use to buy electricity ,if 1/10th were to be used to create their own wind,
and solar energy at the end of 20 yrs they would be energy sufficient.
Veo Australia en su comentario, ese es un subcontinente, RD es una islita mejor dicho una media lslita que compartimos con el pais mas pobre de america y donde el control ambiental no existe, 48,000 kilometros, conociendo como se manejan las cosas aqui el dia que se le ocurra a un politico, claro con apoyo del congreso, como con la Berry Gold, instalar una planta atomica aqui hay que salir enseguida del pais.
,
Parece que no se recuerda de la tragedia de Chernobyl en Rusia, una super potencia con miles de bombas atomicas como los EEUU..y logicamente con experiencia de sobra en el manejo de esa tecnologia. Por aca cerca pasan los barcos japoneses que transportan los residuos nucleares para ser tratados no se donde, el dia que se hunda un barco de esos nos embromaos como pais que depende del turismo en gran medida.
Roystone
Veo Australia en su comentario, ese es un subcontinente, RD es una islita mejor dicho una media lslita que compartimos con el pais mas pobre de america y donde el control ambiental no existe, 48,000 kilometros, conociendo como se manejan las cosas aqui el dia que se le ocurra a un politico, claro con apoyo del congreso, como con la Berry Gold, instalar una planta atomica aqui hay que salir enseguida del pais.
,
Parece que no se recuerda de la tragedia de Chernobyl en Rusia, una super potencia con miles de bombas atomicas como los EEUU..y logicamente con experiencia de sobra en el manejo de esa tecnologia. Por aca cerca pasan los barcos japoneses que transportan los residuos nucleares para ser tratados no se donde, el dia que se hunda un barco de esos nos embromaos como pais que depende del turismo en gran medida.
-----It will take Roystone 100 years to understand what you wrote.
Diselo en Ingles.