The Dominican Republic must take advantage of its potential to diversify the energy matrix
The economist Roberto Herrera, country manager of Interenergy Group and member of the Board of Regents of INTEC, highlighted the social and economic impact of renewable energies, as well as their challenges, opportunities and future prospects in the country
SANTO DOMINGO. Dominican Republic occupies the third position at ranking of the countries with the highest installed capacity of renewable energy en all Latin America, and therefore, must take advantage of its potential to diversify the energy matrix with those kinds of sources.
This was considered by the economist Roberto Herrera, country manager of Interenergy Group and member of the Board of Regents of the Institute of Santo Domingo (INTEC), who stressed that the opportunities offered by Law 57-07 on Incentive to Development of Sources should be taken advantage of. Renewable Energy.
"This law has a series of incentives and provisions that make it attractive to make investments in the sector," Herrera pointed out, while noting that the recent signing of the Electric Pact presents opportunities that will improve transmission networks to install more renewable energy projects.
He highlighted how important it is to recognize the impact of COVID-19 on the sector's plans, since renewable energies have shown that, unlike traditional energies, they have greater independence of personnel for their operation. He cited wind and solar farms as an example, which he said facilitated social distancing by reducing the risks of contagion.
During the webinar "Renewable energies in the Dominican Republic" carried out by INTEC, Herrera pointed out as key factors that allow the Dominican Republic to develop in terms of renewable energies, the commitment in the National Determined Contribution (NDC), which establishes a national objective of reducing greenhouse gas emissions by 25% to 2030 and continue in the transformation of the energy matrix.
“The diversification of the matrix and, above all, what we are seeing happening with international oil prices, helps us with the issues of reducing dependence on these imported fuels and that impact public finances and the economy. pocket of each one of us ”, said the economist.
Herrera highlights that groups such as Interenergy have opted for transmission fuels such as natural gas, which is less polluting and allows guaranteeing the reliability required by the continuous supply system.
Regarding energy storage, he affirmed that there is an advance through batteries, but there are still no economically attractive or durable solutions that guarantee 100% reliability, as any electrical system requires.
The virtual event was moderated by Víctor Gómez-Valenzuela, vice-rector for Research and Liaison at INTEC and was attended by a large group of doctoral students from INTEC's Energy Management for Sustainable Development and Environmental Sciences programs.
A look to the future
"The world bets on a green recovery, aligned with the objectives of the fight against climate change ”, said Herrera, who said that the United States has returned to take the leadership position it had occupied in the transformation that the world requires towards cleaner energies.
He pointed out that betting on the future and bearing in mind that the mobility sector is one of the most polluting, Interenergy Group since 2020 has bet on electric mobility by deploying a network of more than 200 charging stations in the country for electric vehicles through of the Evergo brand, with the goal of reaching 500 by the end of this year. This network is also being deployed in Panama and Jamaica.
Interenergy Group is an owner and operator of energy solutions, with more than 30 years of history operating in the Dominican Republic, Panama, Jamaica and Chile.