Full Title: Biden Administration Has Opportunity To Rebuild Puerto Rico’s Electrical Infrastructure
Author(s): Cathy Kunkel, Tom Sanzillo
Publisher(s): Institute for Energy Economics and Financial Analysis (IEEFA)
Publication Date: January 19, 2021
Full Text: Download Resource
Description (excerpt):
The Institute for Energy Economics and Financial Analysis (IEEFA) has worked with partner organizations in Puerto Rico on electricity sector transformation since 2015. We have participated as expert witnesses in cases before the Puerto Rico Energy Bureau, testified before the Puerto Rico Senate and U.S. Congress, and written numerous reports related to the long-term energy planning, contracting practices, and debt restructuring of the Puerto Rico Electric Power Authority (PREPA). We have worked with environmental, community, business and labor organizations in Puerto Rico.
Deep reform of Puerto Rico’s antiquated, expensive and fossil fuel-dependent electrical system has been needed since long before Hurricane Maria devastated the grid in 2017. A new electrical system driven by renewable energy will support the goals of resilience, affordability and fiscal stability. The Biden Administration has a historic opportunity to facilitate the rebuilding of the electrical system in a way that provides affordable electricity and utilizes Puerto Rico’s natural advantages in renewable energy.