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July 21, 2022
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The purchase of energy has risen by US$248 MM

La compra de energía ha subido en US$248 MM

In the first five months of the year, the energy purchase from distributors to generators rose US$248 million, when compared to the same period last year.

The data was offered yesterday by the Minister of Energy and Mines, Anthony Almontewho explained that this increase in these approximately RD$14,000 million in excess was due to the international situation in the fuel market.

“That is to say that the budgets of the distributors for the purchase of energy, in those first five months of this year, were exceeded”, he said.

The official indicated that this increase has had to be assumed by the Government to protect the populationbecause it cannot make rate adjustments that correspond to the proportion of the increase in costs that the billing has had.

Can read: Companies complain rate, Government will stop hike

Government will promote regulatory framework that encourages the use of hydrogen

the minister of Energy and Mines, Anthony Almontereported that the Government The Dominican Republic works to establish a regulatory framework that encourages the use of hydrogen as a fuel for the production of clean energy, thus contributing to the reduction of greenhouse gas emissions that damage the environment.

When exposing about “Hydrogen: Prospects for the Dominican Republic. Opportunities and Challenges”on the Climate Week in Latin America and the Caribbean 2022 being held in Santo Domingo, at the Hotel El Embajador, the minister To the mountain He stressed that hydrogen is a fuel for the future, and that the studies carried out to date indicate that a hydrogen market cannot be aspired to without a high penetration of renewable energies in the country’s energy matrix.

“We cannot consider hydrogen production until we have at least 30% of the national electricity production from renewable sources. For this reason, from the Government we are promoting the largest penetration of renewable energies in the last decade, an example is the renewable energy purchase contracts for more than 600 MW that we have signed in the last year”, he explained.



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