He economist and former superintendent of Electricity, Marcos Cochón Abud explained some outlook for the year 2025 in the electrical sector in which there will be very few changes in terms of reduction of losses.
During his participation in the conversation technical and academic “Perspectives of electrical sector for 2025″, developed by the Dominican Association of the Electrical Industry (ADIE), maintained that, although the authorities achieve the goal of reducing losses electricity by 4%, this saving would be absorbed by the increase in demand, estimated at 3%.
He explained that 4% of reduction of losses approximately equivalent to a saving of 106 million dollarsbut a growth in demand of only 3% would mean buying from distributors 600 megawatt hours more than energy per year. He added that this represents a saving of just 22 million dollars.
“What that means is that we are facing a problem multivariablethat the solution is complex, but possible, and that unfortunately the most important thing here is the willpower“he reflected.
The most important obstacle to overcome to solve the problem is the will to assume the political costsaid Cochón Abud.
“Politicians will always perceive that the political cost of solving the problems is higher than that cost economic that I am mentioning, which is wrong, but it is what politicians think,” he said.
Fuel impact
He economistwho was also president of the ADIEhe acknowledged positive impact that they will have prices of the hydrocarbons in public finances and said that “the barrel of oil could stabilize throughout the 12 months of 2025 between 60 and 70 dollars.”
He predicted that the prices of the fuel will be the lowest in the last ten years, which would have an impact of approximately 200 to 300 million dollars on the reduction of the total price.
“Not the price, but the worth of purchase of energy by the distributor, and the impact on the price could be approximately 20 dollars per megawatt hour, in the best of scenarios,” he assessed.
Marcos Cochón Abud was Superintendent of Electricity from 1999 to 2000, as well as president of the Dominican Association of the Electrical Industry and general manager of the Puerto Plata Electricity Company, SA
He conversation was organized at the El Embajador Hotel, in the National District, and had two panels, in addition to the introductory words of Joel Santos, Minister of Energy and Mines, who reported that the deficit of the electrical system by 2024 it will be 1,450 million dollars.