Economy September 7, 2021 | 9:35 am

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Report says Punta Catalina power plant on natural gas ‘infeasible’

Santo Domingo.- “Given that all the data provided only show large disbursements of funds from the Government, in pursuit of a mitigation of an oversized environmental liability, the evaluation shows that the proposed conversion (of the Punta Catalina Thermoelectric Power Plant to natural gas) constitutes an infeasible project ”.

This is the conclusion contained in the preliminary report “Conversion of Punta Catalina coal to LNG (liquefied natural gas) thermal power plant” prepared by the Energy Institute of the Autonomous University of Santo Domingo (UASD), in which it is established that the change in the generation fuel from both plants will not produce extra income or savings that can offset the investment to be made.

The idea of converting the Punta Catalina generation matrix from coal to natural gas, recently expressed by the Minister of Energy and Mines, Antonio Almonte, was classified as a non-viable operation for the Dominican State.

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Paul Tierney
September 7, 2021 9:58 am

It appears the evil in the halls of government spread its tentacles into the development of this plant to the point where it has become an albatross around the neck of government. The filth of institutional corruption has painted this plant making it an open and ugly reminder of the avarice of some of those in power.

Paul Tierney
September 7, 2021 10:37 am

What was omitted from this abbreviated article is the cost of converting from coal to natural gas fuel is estimated at US $395.2 million.

source: Listin, Sept 7