[h=3]The Dominican Electricity Industry Association (ADIE) says that the government has an accumulated debt of over US$760 million with the electricity generators, which is why the sector is certain to experience problems with its suppliers.[/h]
ADIE has no hopes that the authorities will pay what they owe, as the last time they discussed this, in October, the government just mentioned making big investments in the electricity generating sector.
Otto Gonzalez and Milton Morrison, president and executive director of ADIE, as well as Marcelo Aircardi, financial vice president of EgeHaina, and German del Toro, from AES Dominicana, complained about the lack of transparency within the electricity distribution companies and said that in order to solve the problems there needed to be a global investment of between US$8 to 10 billion, including distribution, transmission and generation.
Gonzalez said that all sides needed to agree, and that the electricity law was not being adhered to neither with the tariffs nor the transmission and that the distribution of electricity needed a lot of resources and attention, just as the generation did.
He said that it was correct to lower the cost of generation but that it was cheaper now than before and yet the problems of the sector had not been resolved. If the distribution problems are not resolved, and they are in debt and received subsidies, it did not matter how low the cost of generation was.
www.diariolibre.com/economia/2013/04/18/i379700_generadores-quejan-por-deuda-del-gobierno-que-supera-los-us760-millones.html
[h=3]North suffers most with blackouts[/h] In the last four days the blackouts affecting the country have worsened with a fifth of the energy system affected, and this has led to protests all over the country.
Yesterday, Wednesday 17 April, it was estimated the deficit was 17%, and according to the Electricity Superintendence, Monday, 15 April was the worst day when there was a deficit of 21%.
The northern region has been the area worse affected with longer blackouts, and only 368 megawatts produced over the last four days, whereas in the east it was 894, and the south 591.
www.diariolibre.com/economia/2013/04/18/i379683_apagones-incrementan-esta-semana.html
ADIE has no hopes that the authorities will pay what they owe, as the last time they discussed this, in October, the government just mentioned making big investments in the electricity generating sector.
Otto Gonzalez and Milton Morrison, president and executive director of ADIE, as well as Marcelo Aircardi, financial vice president of EgeHaina, and German del Toro, from AES Dominicana, complained about the lack of transparency within the electricity distribution companies and said that in order to solve the problems there needed to be a global investment of between US$8 to 10 billion, including distribution, transmission and generation.
Gonzalez said that all sides needed to agree, and that the electricity law was not being adhered to neither with the tariffs nor the transmission and that the distribution of electricity needed a lot of resources and attention, just as the generation did.
He said that it was correct to lower the cost of generation but that it was cheaper now than before and yet the problems of the sector had not been resolved. If the distribution problems are not resolved, and they are in debt and received subsidies, it did not matter how low the cost of generation was.
www.diariolibre.com/economia/2013/04/18/i379700_generadores-quejan-por-deuda-del-gobierno-que-supera-los-us760-millones.html
[h=3]North suffers most with blackouts[/h] In the last four days the blackouts affecting the country have worsened with a fifth of the energy system affected, and this has led to protests all over the country.
Yesterday, Wednesday 17 April, it was estimated the deficit was 17%, and according to the Electricity Superintendence, Monday, 15 April was the worst day when there was a deficit of 21%.
The northern region has been the area worse affected with longer blackouts, and only 368 megawatts produced over the last four days, whereas in the east it was 894, and the south 591.
www.diariolibre.com/economia/2013/04/18/i379683_apagones-incrementan-esta-semana.html