Santo Domingo, Dominican Republic

DR-GRID: Context

After years of inertia, the utility scale clean energy market has taken off and a number of high profile wind and solar projects have been financed and constructed. The nationally mandated goal of 25% clean energy by 2020 is within reach.

In 2018, the Ministry of Energy & Mines announced that the next phase of renewable concessions would be awarded as part of a bid process. Market observers expect the bid to be launched in Q3 or 4 of 2019.

Meanwhile, the market for solar and storage among C&I customers is growing and has huge potential.

Natural gas is carving out a significant portion of the grid. Most recently, plans for a 145 MW combined cycle floating power plant have been announced. The project also incorporates a significant energy storage component.

E-Mobility is in the headlines, too. A joint venture between leading firms was recently announced to develop EV charging infrastructure throughout the Dominican Republic.

DR-GRID: Who Will Attend?

DR-GRID will gather key public and private sector entities from the Dominican Republic to lay out the challenges and the opportunities.

  • Senior Dominican Republic public sector officials, including CNE, CDEEE and Edesur
  • Industry & other private sector leaders; potential C&I off-takers
  • Leading investors, developers and project sponsors
  • Commercial banks, investment banks, private equity
  • Multilateral and bilateral development finance organizations
  • Law firms & consultants

DR-GRID: What are we Trying to Achieve?

  • Clarify the status of the national bid process for renewable concessions
  • Explore how the DR is matching need and opportunity to policy and regulation
  • Introduce qualified international developers and investors to commercial entities interested in self-generation
  • Evaluate the availability of capital; sources, terms, financing success stories
  • Analyze the future of electric mobility. How is the government supporting investment in e-mobility and where are the opportunities for private sector investment?
  • Evaluate challenges associated with the integration of increased renewables on to the grid; explore solutions
  • Clarify the national approach to waste management; opportunities for Waste-to-Energy developers and investors
  • Explore the viability of alternative technologies e.g. offshore wind, OTEC
  • Analyze the impact of climate change on investment in infrastructure; how is the need for resiliency shaping procurement and investment?

About our Lead Partner, ASOFER

The Association for the Promotion of Renewable Energies (ASOFER) was born out of the need for a united voice that represents and defends renewable energies in the Dominican Republic. ASOFER serves as a platform for the discussion and resolution of issues that impact the development of renewable energy in the Dominican Republic. The organization works hand in hand with government institutions, electricity distributors and companies in order to ensure consensus, progress and the creation of an industry in which society as a whole can identify.

ASOFER