NewsWhore
07-24-2012, 01:40 PM
The next administration has already decided to begin the construction of two coal-fired 300 MW generation plants. The decision, according to the Listin Diario, is already taken because time is short regarding the definitive solution of the energy problems.
The news report says that President-elect Danilo Medina gave the first signs that this was going to happen during his trip to South America, where he visited Colombia and Brazil. According to close advisors to the incoming President, the basic issue is that the cost of the electricity subsidy is distorting the Dominican economy and the indexation of the costs is in no way solving the problems.
Bottom line is that it costs too much to generate electricity with the generators that are currently at work. The closer advisors to Medina feel that it would take too long to install the plants relying solely on private investment. Instead, the state needs to act quickly and get the coal-fired generators on-line as soon as possible. The new facilities would be fueled either by coal or natural gas.
Previous attempts at building such coal-fired facilities (Sichuan Power and Emirates Power in 2006) failed to get started because of lack of financing.
The Public Electricity Corporation (CDEEE) has advanced with a tender for the contracting of the new generation plants for 1.5 megawatts by the private sector. It has not been clarified if this rumored contracting of the two 300 MW coal-fired power plants would be in addition to those contemplated in the earlier CDEEE tender.
More... (http://www.dr1.com/index.html#5)
The news report says that President-elect Danilo Medina gave the first signs that this was going to happen during his trip to South America, where he visited Colombia and Brazil. According to close advisors to the incoming President, the basic issue is that the cost of the electricity subsidy is distorting the Dominican economy and the indexation of the costs is in no way solving the problems.
Bottom line is that it costs too much to generate electricity with the generators that are currently at work. The closer advisors to Medina feel that it would take too long to install the plants relying solely on private investment. Instead, the state needs to act quickly and get the coal-fired generators on-line as soon as possible. The new facilities would be fueled either by coal or natural gas.
Previous attempts at building such coal-fired facilities (Sichuan Power and Emirates Power in 2006) failed to get started because of lack of financing.
The Public Electricity Corporation (CDEEE) has advanced with a tender for the contracting of the new generation plants for 1.5 megawatts by the private sector. It has not been clarified if this rumored contracting of the two 300 MW coal-fired power plants would be in addition to those contemplated in the earlier CDEEE tender.
More... (http://www.dr1.com/index.html#5)