Abinader announced that as a result of government efforts in 2022, contracting of more than 90% of the maximum foreseeable electricity demand for 2023 and 2024 has been ensured.
The president of the Republic, Luis Abinader, assured that the international public tender to install 800 new megawatts in Manzanillo, Monte Cristi It will allow exceptionally competitive energy and power prices compared to other similar processes in the local history of that market.
During his accountability speech for his management in 2022 before the National Assemblywithin the framework of the celebration of the 179th anniversary of the National Independence, The president said that in order to have an idea of the competitiveness of this project, the energy distribution companies will acquire the kilowatt hour produced by this plant at a price 15% lower than those purchased from the Thermoelectric Power Plant Catalina Point.
He added that in the construction of that thermoelectric complex of Manzanillothe Government will not invest a single cent of its budget, nor will it borrow, nor will it incur cost overruns, but will limit itself to buying through long-term contracts the energy and power that the distributors need.
He also announced that as a result of the efforts made by the Government Throughout 2022, they have ensured the contracting of more than 90% of the foreseeable maximum demand for electricity for 2023 and 2024.
The president also stressed that Catalina Point It is already a public company with 100% state capital, which organized its accounting, reporting dividends of more than 220 million dollars and record energy production of 4,701 gigawatts/hour.
In this sense, he expressed that Punta Catalina is one of the most efficient plants in the system in terms of energy cost, thanks to the timely purchases of coal.
He also pointed out that there are currently some 16 renewable projects under construction, of which 10 are in an advanced phase with the expectation of coming online at the end of this year.
