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Big business says private sector should head the energy industry

Santo Domingo.- Dominican Republic’s business leaders question why the private sector isn’t entirely in the electricity industry, when the Electricity Law assigns that role to the State-owned Electric Utility (CDEEE) as the system’s regulator, and not part of it.

National Business Council (Conep) president Manuel Diez said the power sector needs to be depoliticized as one of the solutions that for years has hurt competitiveness, especially for small and medium business.

He said the electrical problem has yet to be resolved for which they met with the head of the CDEEE, Ruben Jimenez, who agreed with their concerns and discussed ways to fix the problem. “Now we, as a country, must determine what to do, because without electricity we aren’t going anywhere.”

Diez, interviewed by Listin Diario, said the conditions should be created for the private sector to feel comfortable investing, as in the ’90s, but notes that their interest isn’t ousting the public sector, because it’s already a partner in generation, with power plants such as Itabo, Haina.

Diez stressed that the CDEEE and the Electricity Superintendence (SIE) must be the regulators, while the private sector should be “everything else.”

Source: DT

Category: DR News |

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Last updated March 23, 2017 at 1:16 AM
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