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Puerto Rico’s New Energy Public Policy

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Presentation on theme: "Puerto Rico’s New Energy Public Policy"— Presentation transcript:

1 Puerto Rico’s New Energy Public Policy
Sen. Larry Seilhamer

2 SB 1121 PR current Energy System Our goal: New Energy System Strong
Outdated, inefficient, vulnerable, unreliable Monopoly owned by PREPA, a bankrupted public corporation Collapse after Hurricanes Irma and Maria Our goal: New Energy System Strong Resilient Reliable Affordable Clean

3 How we will achieve our goal
Increasing private sector’s participation in PR’s Energy System Transmission & Distribution Long Term P3 Contract Modernize (Smart Grid) Renewable (more integration) Compliance (industry standards) Eliminate interdependence (microgrids) Generation Independent power producers (P3/sale of plants) Drastically reduce carbon foot print Elimination of coal & oil LNG as a transition to renewables

4 SB 1121 Puerto Rico Energy Bureau Promote Distributed Generation
Stronger Independent All contracts must have PREB’s approval Promote Distributed Generation Microgrids Solar Communities Energy Coop

5 Climate Change & Global Warming
SB 1121 Renewable Portfolio Standard By % % % % Climate Change & Global Warming


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