Renewable energy

[NewsWhore]

The National Center for Renewable Energy (CENER) and the National Energy Commission (CNE) have signed a US$2.7 million agreement to advise the government and the energy producers on generating renewable energy. The agreement was signed in Spain by CENER director Juan Orzmazabal and CNE president Aristides Fernandez Zucco. A Dominican delegation is in Spain to see the level of development of renewable energy sources in Spain first-hand and to gauge the level of interest of investors in similar projects in the Dominican Republic. According to Listin Diario, this move comes as the Congress is discussing a new law that would provide incentives for investment in renewable energy. It's been two years since the government has urged CENER to conduct surveys of these types considering that in 2004 the cost of fossil fuels took up 35% of the government budget and 15% of the nation's GDP.

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