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The Dominican Republic continues to transform its energy landscape, shifting from an 88% dependence on petroleum derivatives in 2000 to less than 10% today. This evolution was highlighted by Minister of Energy and Mines Joel Santos during his participation in a recent Listín Diario Business Breakfast.
According to the Minister, the current energy matrix is led by natural gas at 38%, followed by coal at 28%, and renewable energy at 25%. The growth in renewables is noted as the most significant shift, offering the greatest long-term sustainability for the nation.
Strategic goals and storageThe diversification strategy aims to reduce dependence on single sources and drive economic growth. The government’s goal is to have renewable sources account for 30% of total electricity generation by 2030.
A critical component of this transition is energy storage. Minister...
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