2004News

Energy crisis needs US$18 million

The commission for the Sustainability of Electricity announced through Superintendent of Electricity George Reinoso that the sector needs US$18 million to ameliorate the current crisis. Reinoso told reporters from El Caribe that adequate service would require a monthly investment of US$70 million. AES-Dominicana, the parent company of AES-Andres, is demanding US$7 million in order to amass the funding needed to purchase a shipload of natural gas. Meanwhile, the other generators need US$11 million to purchase fuel and return online. While this is going on, the commission revealed that figures for June show the obligations of Ede-Norte and Ede-Sur to the generators to be US$6.8 million. According to government figures, says El Caribe, this number is the result of the difference between what the two Edes owe the six generation companies for electricity and what the generation companies owe the CDEEE for transmission rights. Despite the fact that a partial payment of US$4 million to Smith-Enron allowed that unit back online with 96.1MW, and the Cogentrix plant put its Unit II into service with 65MW, the long blackouts have continued throughout the weekend. Hoy reported that Itabo II returned to service with 112.5MW, thus offsetting the drop in the output from EGE-Haina, which only attained 95MW, with 45MW from the coal-fired plant in Barahona and the Sultana del Este that is limited to 50MW during the day but goes up to 150 MW during peak hours. Interviewed by reporters from Hoy, Finance Minister Rafael Calderon said the energy supply reached 1100MW yesterday, and he added that part of the problem is that AES-Andres is out of service because they do not have the money to purchase fuel.