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Santo Domingo.- The CEO of Dominican Republic’s State-owned electric utility (CDEEE) on Wednesday announced that the government will start forging energy pacts with each of the power companies on Monday, in which both parties will invest in changes to the generation base.

Ruben Jimenez Bichara said the projects include a push to convert petroleum-fired plants to natural gas and coal, with a public-private investment of US$3.6 billion, to install 1,500 new megawatts.

Of that, the state would contribute US$2.0 billion to build two coal-fired plants of 300 MW each, with combined cycle facilities would reach 640MW.

The official, who spoke during the American Chamber of Commerce’s (AMCHAMDR) monthly luncheon with the topic "Power sector: towards a comprehensive plan. Together is difficult, separate is impossible," said the promotion of a comprehensive plan requires the support from all sectors aimed at finding a permanent solution to the country’s electrical problem.

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COMMENTS
4 comment(s)
Written by: BASTA, 21 Mar 2013 8:48 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
Hey guy. What's your pay package? Perks etc.
Written by: anbro2007, 21 Mar 2013 8:48 AM
From: United States
Well here we can see the Ladrones making money of from the delivery of combustibles. Spend a good part of the so called investment in renewable energy. The D.R. could produce most of the energy with wind parks, at leased 1,200 MW, so then install a coal fired plant, and a natural gas plant, and the problem is gone. Just some more investment in distribution, and the numbers could change easy from red to black!!!!!!
Written by: Mart1n, 21 Mar 2013 8:57 AM
From: Dominican Republic, North coast
When the DR has coal and natural gas then use it but don't be a slave to another country that could care less about us. they only see the DR as a pay check. Find resources here to make energy there is lots of it wind, sun, wave and the hot air put out by the politicians. we have the potential to sell energy not buy it.
Written by: castellamonte, 25 Mar 2013 11:27 AM
From: Dominican Republic, Cabrera
Yeah, this is a particularly stupid idea because the DR has no natural resources for supplying the fuel for these plants. It's just a better way for the country to go into debt while "compensating" those who happen to own distribution facilities for these fuels. When is the DR going to wake up??
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