For over 10 years, the Dominican Republic has counted natural gas as an important fuel source for its energy matrix. Since the opening of the AES Andres terminal in 2003, importation of liquefied natural gas (LNG) has catapulted gas‐fired power generation to almost one‐third of installed capacity. Yet, despite those developments, 40% of the nation’s electricity is still generated from fuel oil. Dependence on oil is a familiar story throughout the Caribbean. According to a study by AES, fuel oil comprises 85% of power generation in the region.
The Institute of the Americas is a non-profit policy center at UCSD that hosts professional workshops and conferences on critical issues in the Americas
Great panel to discuss #Oilandgas update -#price, #upstream and #production, #storage, #downstream and #DosBocas with Mr. Sladen from Recoinnatre Ltd., Warren Levy, Jaguar Exploración y Producción, Rosanety Barrios @vozexpertamx @pzarater @AztecDuncan @MexicoInstitute
Continuing with the last day of our #LJC2020 to discuss #gas and #power update -pipelines, #power markets and #renewables moderated by @MontseRamiroX @vozexpertamx with @memo_z @LeoBeltranR, Juancho Eekhout @IEnova_MX and Gerardo Serrato from Hartree Partners #LJC2020
The #power sector #model in #Mexico needs to fit with the current situation in order to continue receiving #private #investment and develop the sector #LJC2020