NewsWhore
11-11-2008, 03:10 PM
CDEEE vice president Radhames Segura has criticized the plan submitted by the National Business Countil (CONEP) aimed at regulating the energy sector and making it more efficient. CONEP announced its original plan last week. As part of the plan, the current US$1.3 billion deficit with the energy sector could be turned into an US$90 million surplus in four years providing there is: 1) a reduction of technical and non-technical losses, 2) a reduction of purchase price of fuel, 3) privatization by 50% of EdeNorte and EdeSur and 4) an energy sector watchdog. CONEP is also proposing a partly government funded fiduciary fund (of which the government would pay 50%) which would be used to improve the distribution networks and stop energy theft, which is rife in the DR. CONEP is also proposing investment in the system, which CDEEE vice president Radhames Segura has criticized the private sector for failing to do.
The plan also calls for the reduction in the cost of "storage" by 15% as well as a reduction, from 20% to 2% in the cost of energy not delivered.
Instead of commenting on details of the plan, Segura focused on the figures presented in CONEP's 5 November report, saying they were incorrect. Segura explained that the cost of paying the energy generators will be lower once a coal-fired plant is built, but gave no details on this plan.
The CDEEE vice president urged the private sector to sign an agreement as soon as possible that would facilitate the construction of the coal-fired plant, but failed to elaborate on any substantial plan to strengthen the sector in the future. Segura pointed out that the report was incomplete because it did not include EdeEste that has had the largest increases of losses since 2005, going from 49.35% to 34.42% in October 2008. Segura also passed the buck onto the Madrid Accords, which he says, limit the government from purchasing energy at competitive prices.
More... (http://www.dr1.com/index.html#6)
The plan also calls for the reduction in the cost of "storage" by 15% as well as a reduction, from 20% to 2% in the cost of energy not delivered.
Instead of commenting on details of the plan, Segura focused on the figures presented in CONEP's 5 November report, saying they were incorrect. Segura explained that the cost of paying the energy generators will be lower once a coal-fired plant is built, but gave no details on this plan.
The CDEEE vice president urged the private sector to sign an agreement as soon as possible that would facilitate the construction of the coal-fired plant, but failed to elaborate on any substantial plan to strengthen the sector in the future. Segura pointed out that the report was incomplete because it did not include EdeEste that has had the largest increases of losses since 2005, going from 49.35% to 34.42% in October 2008. Segura also passed the buck onto the Madrid Accords, which he says, limit the government from purchasing energy at competitive prices.
More... (http://www.dr1.com/index.html#6)