Monday, 1 September 2008

Dominican electricity sector

The Dominican electricity sector faces problems arising from to the inability of Dominican state-owned distribution companies to pass through the increasing cost of privately generated electricity to end users. Accross the whole country power generation has fallen and blackouts are now the norm. Total electricity production in the country currently only stands at 1,311 MW, implying an energy production deficit of 700 MW. To make matters worse, Corporaci├│n Dominicana de Empresas El├ęctricas Estatales had a transformer explode last week.

The whole sector is clearly on our 'default watch'.

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