NewsWhore
06-11-2012, 05:20 PM
The executive vice president of the Public Electricity Corporation (CDEEEE), Celso Marranzini is calling for a restructuring of the boards that oversee the electricity systems in the Dominican Republic, as reported in Hoy. He said that the government currently funds seven boards, each with seven members, or 49 members at a very high cost, aside from creating problems of coordination. He said the total number of members should be reduced to 14, grouped in two boards. He said one would be at the CDEEE and would be responsible for the transmission companies and the hydroelectric division, and another council would supervise the three power distributors. Each would have seven members.
Marranzini was speaking during the celebration of the Dominican Electricity Industry Association (ADIE), as the keynote speaker at the organization's quarterly luncheon.
He also said that the installation of new generation fired by coal, natural gas or wind power would mean savings of more than US$1.08 billion, as they are lower-cost generation sources. He said that the tender for contracting of new generation capacity would take place in August.
Marranzini said the installation of new plants was essential in order to reduce future costs. He said the new plants would replace the contracts signed under the Madrid Agreement that will expire in August 2016.
He said that the CDEEE shows that marginal costs for the system for 2011-2015 are US$240 the megawatt-hour, while the new plants will supply energy at around US$106-US$117 megawatt hour. He said the cost for installation of 1,200 megawatts at a cost of US$2.16 billion would be paid off in two years with savings in fuel imports. A tender is being prepared to attract new investment in power generation. Marranzini said the country needed to attract investments in the sector for generation for US$3 billion in the next three years to ensure power capacity.
The CDEEE also seeks US$600 million from the World Bank and the Inter-American Development Bank (IDB) for improvements in power substations and networks.
He said the plan carried out by the National Energy Commission (CNE) and the Superintendence of Electricity (SIE) shows that by 2016 the country will need to install an additional 1,500 megawatts coal, or renewable energy and natural gas generators.
Marranzini said that 189 megawatts have entered the system in recent years, including the natural-gas fired 108 megawatts of Seaboard (Estrella del Mar II), 51 MW of Laesa in Pimentel, 33 MW of Wind Power Farm in Juancho, and reincorporation of Los Mina V and VI with 200 megawatts. Likewise, 430 MW are contemplated in the Quisqueya I and II power generators.
More... (http://www.dr1.com/index.html#3)
Marranzini was speaking during the celebration of the Dominican Electricity Industry Association (ADIE), as the keynote speaker at the organization's quarterly luncheon.
He also said that the installation of new generation fired by coal, natural gas or wind power would mean savings of more than US$1.08 billion, as they are lower-cost generation sources. He said that the tender for contracting of new generation capacity would take place in August.
Marranzini said the installation of new plants was essential in order to reduce future costs. He said the new plants would replace the contracts signed under the Madrid Agreement that will expire in August 2016.
He said that the CDEEE shows that marginal costs for the system for 2011-2015 are US$240 the megawatt-hour, while the new plants will supply energy at around US$106-US$117 megawatt hour. He said the cost for installation of 1,200 megawatts at a cost of US$2.16 billion would be paid off in two years with savings in fuel imports. A tender is being prepared to attract new investment in power generation. Marranzini said the country needed to attract investments in the sector for generation for US$3 billion in the next three years to ensure power capacity.
The CDEEE also seeks US$600 million from the World Bank and the Inter-American Development Bank (IDB) for improvements in power substations and networks.
He said the plan carried out by the National Energy Commission (CNE) and the Superintendence of Electricity (SIE) shows that by 2016 the country will need to install an additional 1,500 megawatts coal, or renewable energy and natural gas generators.
Marranzini said that 189 megawatts have entered the system in recent years, including the natural-gas fired 108 megawatts of Seaboard (Estrella del Mar II), 51 MW of Laesa in Pimentel, 33 MW of Wind Power Farm in Juancho, and reincorporation of Los Mina V and VI with 200 megawatts. Likewise, 430 MW are contemplated in the Quisqueya I and II power generators.
More... (http://www.dr1.com/index.html#3)