IDB and Energy and Mines talk about energy projects

IDB and Energy and Mines talk about energy projects

The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, led a high-level mission that met today with the Minister of Energy and Mines, Antonio Almonte, with whom he discussed various issues of interest to the Dominican Republic, with emphasis on the diversification of energy sources.

According to a press release, among the topics they discussed, the energy generation expansion plans and the efforts to ensure that renewables reach the participation goals of 25% in 2025 and 30% in 2030 of the parent company stand out. energetic.

Likewise, they emphasized the importance and the challenge that the decarbonization of the matrix be accompanied in the medium term by the withdrawal of coal-fired power plants.

The IDB reiterated comprehensive support for the financing process for the private sector in generation, the public sector in transmission and distribution, and lines of technical cooperation and soft resources for the planning and implementation of decarbonization in the energy sector.

The high-level mission was received at the National Palace by President Luis Abinader and will hold meetings with several ministers from his government, including Lisandro Macarrulla, from the Presidency; Orlando Jorge Mera, from Environment; Víctor Bisonó, from Industry and Commerce; and Max Puig, director of Climate Change.

The IDB develops several projects in the Dominican Republic focused on achieving the decarbonization of the electricity sector in order to achieve greater sustainability and efficiency.

It also supports projects for institutional strengthening and modifying the legal framework of the sector, as well as for the establishment of a new rate regime in the country.

They accompanied the president of the IDB in the mission, Richard Martínez, Vice President of Countries; Jessica Bedoya, Chief of Staff and Chief Strategy Officer; Katharina Falkner-Olmedo, representative of the Group IDB in the Dominican Republic; Gilles Damais, Head of Operations; Héctor Baldivieso, sector specialist in Energy and Benoit Lefevre, sector specialist in climate change.

Participating on behalf of the MEM were engineer Rafael Gómez Del Giudice, Vice Minister of Energy; Edward Veras, executive director of the National Energy Commission (CNE); and Helen Pérez, from the International Relations Directorate of the MEM.

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