NewsWhore
11-06-2009, 02:00 PM
Power generation company AES Dominicana will increase its electricity output by 45% when it starts using natural gas. AES expects to go from 2,235 to 3,230 gigawatts per year. The additional supplies to meet local demand will be generated at a lower cost than fuel oil or coal-fired generation, that go for an average price of US$0.13 per kWh. AES sells the kWh produced from natural gas at the Andres plant for 7 cents and that produced in Los Mina V and VI plants for 8 cents (US$). The company hopes that the increase in production will help lower the basic cost of electricity generation. Marco de la Rosa, the head of AES Dominicana, made the announcement during a Forum on Renewable Energy organized by the American Chamber of Commerce (AmCham). He said that by next year the sourcing of natural gas would increase by 58%, as reported in El Caribe.
This year, 20.94 million TTbtu was purchased and for 2010, the number will be 33 million TTbtu.
According to de la Rosa, this scenario was due to the "positive signals... providing incentives that there are going to be clear rules and a total alignment between the authorities of the sector".
More... (http://www.dr1.com/index.html#9)
This year, 20.94 million TTbtu was purchased and for 2010, the number will be 33 million TTbtu.
According to de la Rosa, this scenario was due to the "positive signals... providing incentives that there are going to be clear rules and a total alignment between the authorities of the sector".
More... (http://www.dr1.com/index.html#9)