EGEHID reveals renewable energy accounts for 16% of the DR wholesale electricity market

The general manager of the Dominican Hydroelectric Generation Company (EGEHID) assured that the prospects for renewable energy generation are auspicious in the Dominican Republic, highlighting that it currently represents 16% of the wholesale electricity market.

Ángel Rafael Salazar Rodríguez stated that the projections that are being made in the hybrid projects between the public and private sectors of the country, project that by the year 2035 the renewable sector will represent 35% of the electricity market.

While speaking on the Strategic Plan and Perspective of Renewable Energy production, in a conference at the Surveyor Julio Ravelo de la Fuente Conference Hall at the Codia headquarters, as part of its 59th Anniversary Week, the expert expressed the importance of this resource for the ecosystem.

He emphasized that renewable energies obtained from natural sources, which are clean and increasingly competitive, produce inexhaustible and indefinite energy and are essential to combat climate change and limit its most devastating effects.

Salazar Rodríguez said that the private sector has increased its investment in clean energy projects as from the renewable energy incentive law (Law 57-07) and whose sustainability through the Dominican electricity sector is supported by the EGEHID in its Strategic Plan 2020-2026, in which it has contemplated the increase of energy generation.

He said that the purpose is to generate electricity with renewable sources according to international standards, supported by human talent, cutting-edge technology, environmental and social responsibility, to contribute to the development of the country.

Salazar Rodríguez spoke at the conference in the presence of the engineer Dolores Núñez, president of CODIA and the members of the Board of Directors; surveyor Juan Antonio Villar, general secretary; engineer Cristian Rojas, treasurer; engineer Maritza Leguizamon, secretary of Minutes; engineer Yobanis Lorenzo, secretary of Inter-union Affairs and engineer Carlos Mendoza, general coordinator of the Anivesaria Week.

The expert explained that the Strategic Plan 2020-2026 aims to maintain the leadership in electricity generation with renewable sources in the country, based on high quality standards and to promote the sustainable development of the Dominican Republic, generating quality electricity.

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