FILE PHOTO: Wanda Vazquez, former Secretary of Justice, is sworn in as Governor of Puerto Rico after Pedro Pierluisi’s former oath was declared unconstitutional by the Supreme Court docket of Puerto Rico, in San Juan, Puerto Rico, August 7, 2019. REUTERS/Gabriella N. Baez/File Picture
(Reuters) – Puerto Rico’s undependable energy community could be modernized and decentralized underneath a $20.three billion, 10-year plan introduced on Thursday by authorities officers of the bankrupt U.S. commonwealth.
The so-called GridMod plan, developed with federal, native and personal sector enter, targets restore and reconstruction measures designed to strengthen the community and guarantee its resilience in opposition to pure disasters just like the devastating hurricanes that struck Puerto Rico in 2017, in response to an announcement from Governor Wanda Vázquez Garced’s workplace.
“The GridMod Plan will present the secure, fashionable and resilient electrical energy community that our communities want and deserve,” the governor stated, including that an improved energy community will assist enhance the island’s economic system.
Puerto Rico and its electrical energy authority often known as PREPA filed for chapter in 2017 simply months earlier than hurricanes Irma and Maria devastated the ability grid.
Federal funding would cowl about $13 billion of the plan, which additionally calls for personal funding, in response to the governor’s assertion.
The plan recommends a change to a decentralized electrical energy community, incorporating renewable power and micro-networks to enhance reliability and keep away from blackouts throughout catastrophic occasions.
Reporting by Karen Pierog in Chicago; Enhancing by Matthew Lewis