Marxuach started the report by taking a trip down memory lane: resurfacing records showing how the Puerto Rico Electric Power Authority, a public corporation, was forced to declare bankruptcy in May 2017 following years of low liquidity, limited access to capital markets and "funding current spending with long-term debt. Sergio Marxuach, CNE’s policy director and author of the analysis, said in a statement Thursday that "a decrepit generation fleet" as well as an unstable energy transmission and distribution grid are to blame for recent rolling blackouts alongside "a series of coordination failures" between the Puerto Rico Electric Power Authority and Luma Energy - which are responsible for the island's electricity.
People march along Las Americas Highway to protest the Luma Energy company in San Juan, Puerto Rico, on Friday. But a new analysis from the Center for a New Economy, a Puerto Rico-based nonpartisan think tank, showed they both share a fair portion of the blame. The two entities in charge of providing electricity to Otero and 3.2 million Puerto Ricans have been pointing fingers at each other over who is responsible for the worsening power crisis. That outrage spilled over the streets of Puerto Rico on Friday as more than 4,000 people marched down San Juan's main highway, blocking traffic, to protest the power outages and decry how the lack of electricity has deteriorated their quality of life. "It’s getting harder to work and to pay off the bills." Puerto Rico has a once-in-a-lifetime chance to build a clean energy grid but FEMA plans to spend 9.4 billion on fossil fuel infrastructure instead Published: Octo9. "We don’t have any hurricane, and it’s worse now," Otero, whose business lost more than $1,000 as a result of the blackouts this month, said.
Instead, Puerto Ricans like Brenda Otero, who owns a baking business in San Juan, have endured a growing number of rolling blackouts and unstable service.
0 kommentar(er)
