LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

April 14, 2023

Can Puerto Rico Achieve its Solar Energy Goals?

Puerto Rico Governor Pedro Pierluisi announced new solar energy initiatives in an annual state of the territory address. // File Photo: @GovPierluisi via Twitter.

Q

A

Juan Zaragoza Gómez, Puerto Rico at-large senator and chairman of the Budget, Finance, Federal Relations and Fiscal Oversight Board Committee: “Puerto Rico’s energy policy includes an ambitious renewable portfolio standard (RPS). By December 2022, Puerto Rico was supposed to achieve a 20 percent renewable energy goal. By 2025, the RPS includes a mandate of 40 percent of renewable power. Pierluisi’s party, the New Progressive Party, has been in power since 2017. During the past five years, Pierluisi and his party have failed to make sure that we meet our RPS. Integration of renewable power is currently at a mere 3 to 4 percent. Lack of leadership from Pierluisi and his party caused Puerto Rico’s failure to comply with its own renewable energy mandates. Pierluisi’s government has more federal funds to attend to the energy crisis than any other government in our history. However, …”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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