Puerto Rico

PREPA transmission and distribution system operator approved, questions remain

On June 22, 2020, the contract for the PREPA transmission and distribution system operator was approved. The question is if this agreement will benefit Puerto Rico’s electricity consumers.  This type of agreement is normally approved by the regulator (in Puerto Rico the Energy Bureau) with broad citizen participation due to the impacts it has on all sectors of […]

Is Puerto Rico’s Grid Ready for Hurricane Season?

From our Editorial Team

June 1st marked the opening of Puerto Rico’s hurricane season, but it’s just one of many challenges confronting the island’s electric grid. The year opened with massive earthquakes that shut down the Costa Sur power plant, and then a pandemic upended the market and consumption patterns. Despite, or perhaps because of, these disruptions, the Puerto […]

PREPA Finalizes Contract with EcoEléctrica, Naturgy

José Ortiz, Executive Director of the Puerto Rico Electric Power Authority (PREPA) announced Monday the signing of its 12-year contract with EcoEléctrica and natural gas supplier Naturgy, with a reported $1.3 billion in savings for the corporation. Highlights of the new contract: Reduces the fixed payment for the energy produced by EcoEléctrica by ~$100 million […]

Puerto Rico Awards T&D Concession

The Puerto Rico Electric Power Authority has reached an agreement for private management of its transmission and distribution system. The Financial Oversight and Management Board (FOMB) and other government entities approved the deal to hire a U.S.-Canadian consortium for operations. Known as LUMA Energy, the consortium is a joint venture between Quanta Services and Canadian […]

Puerto Rico nuclear future up for debate with new feasibility study released

Results from a study on the feasibility of nuclear energy in Puerto Rico show that nuclear energy is not out of reach for the Caribbean island. The Nuclear Alternative Project (NAP) published its study on the feasibility of nuclear reactors in Puerto Rico, which Power Technology summarized with four points: Small nuclear reactors can integrate […]

New Fortress short-listed by PREPA for temporary energy production

Liquified Natural Gas provider New Fortress Energy confirmed it’s been short-listed by the Puerto Rico Electric Power Authority (PREPA) for a temporary emergency generation RFP. Released in March, the RPF seeks to lease up to 500 MW of temporary generation capacity. This would help fill an energy gap following the Jan. 6 earthquake that shut […]

PREPA taking final steps towards PPOA agreement for Caribbeans largest solar facility

A landmark power purchase agreement for Puerto Rico’s sizable Montalva solar project will be signed within days, according to Canadian developer, Greenbriar Capital Corp. The Puerto Rico Electric Power Authority (PREPA) informed its Governing Board on April 30 that it has attained substantial progress on 7 of the 19 remaining amended and restated renewable energy […]

Mega Solar Project Still Moving in Puerto Rico

Covid-19 has not stalled the Caribbean’s largest solar project. Greenbriar Capital recently signed an agreement with China Machinery Engineering Corporation (CMEC) for design and construction of its massive Montalva solar project in Puerto Rico. Planned for the island’s southwest coast, Montalva would launch with 80 MW AC of photovoltaic and the capacity to expand up […]