Friday, November 08, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Dominican Govt. foresees 3,000 MW of renewable energy

Santo Domingo, Oct 7 (Prensa Latina) The Dominican Minister of Energy and Mines, Joel Santos, has announced that the Government plan of action for the next four-year term comprises the installation of 2,000 MW of thermal energy generation, plus an additional 1,000 MW from other clean sources, local press reported on Monday.

By forwarding public policies that make up the Executive’s program, Santos said such plans envision tackling the local current demand for electricity.

Addressing a meeting of the Political Supervision Training Workshop of the Modern Revolutionary (PRM), Santos further referred to projections in other sectors, including the economy, foreign investment, employment, tourism and construction, in which, he asserted, encouraging results are expected.

According to Santos, accessing low-cost financing and exploring new approaches to attract capital will be key to achieving the goals of neutralizing carbon dioxide emissions in the country.

The minister assured that the purpose of the current administration is to guarantee an affordable and fair energy transition.

He indicated that the development of an accessible financial system that boosts clean energy is critical to ensure that the Dominican Republic maintains its competitiveness while reducing its environmental impact.

Ied/omr/jha/mpv

LATEST NEWS
RELATED