The 2040 Electricity Generation Investment Planning Study of the Dominican Republic was launched

The 2040 Electricity Generation Investment Planning Study of the Dominican Republic was launched the morning on August 13, 2020 during a virtual ceremony. The study was prepared by The Latin American and Caribbean Energy Organization (OLACDE), the Ministry of Energy and Mines of the Dominican Republic and with the support of the International Agency GIZ.

During the virtual meeting, the Minister of Energy and Mines of the Dominican Republic, Dr. Antonio Isa Conde, in his welcoming remarks, reported that it is a study that presents an investment plan in electricity generation to meet the demand of the National Electric Interconnected System (SENI) until 2040 and that among the various benefits that this plan offers, if it is applied in 2033, a 40% reduction in greenhouse gas emissions per megawatt generated could be obtained, and other considerable impacts in the energy matrix.

“The incorporation of wind and solar energy reduces the use factors of thermal power plants to 50% for base power plants and to values between 15% and 18% for top power plants. This means an important change with respect to the current operation ”, indicated the Minister of Energy and Mines of the Dominican Republic, Dr. Antonio Isa Conde.

The Executive Secretary of OLACDE, Alfonso Blanco, mentioned that this project has a particular importance since it represents the progress of the work carried out by OLACDE for institutional strengthening. In addition, he added that “it is necessary to have powerful energy sectors so that they become the engine of development of our countries and create institutions that respond to the role that in this case corresponds to the Ministry of Energy and Mines of the Dominican Republic, to work on sectoral planning and strengthening all the capacities of the country to generate a long-term energy policy ”.

Additionally, the Executive Secretary stressed that this project has been tremendously successful in its components and products that have been developed, and that this has been possible thanks to the coordinated work between the Ministry of Energy and Mines of the Dominican Republic, agencies that operate in the country and with the technical support of OLACDE and external collaborators.

Likewise, he reported that the simulation and the utilization model implemented in the project was developed by the University of the Republic of Uruguay, a model that currently operates in the use of the Uruguayan electric system and that has the virtue of being an open platform.

For his part, the director of the Energy Transition Project of the International Agency GIZ, Clemens Findeisen, cited the advances for the one-stop shop for renewables procedures and the SENI generation forecasting system, as advances in the electricity sector in the Dominican Republic.

The Senior Consultant, Eng. Ruben Chaer, presented a review of the Project 2040 Electricity Generation Investment Planning Study of the Dominican Republic. The study will be released soon through our institutional OLACDE outreach channels.

 

Communication Department
and Institutional Relations

gabriela.jarrin@OLACDE.org

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The 2040 Electricity Generation Investment Planning Study of the Dominican Republic was launched

Newsletter summary

The 2040 Electricity Generation Investment Planning Study of the Dominican Republic was launched the morning on August 13, 2020 during a virtual ceremony. The study was prepared by The Latin American and Caribbean Energy Organization (OLACDE), the Ministry of Energy and Mines of the Dominican Republic and with the support of the International Agency GIZ.

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