Energy Bureau approves projects on renewable energy procurement and storage
By John McPhaul
The Energy Bureau of the Public Service Regulatory Board approved a resolution which completes the process of the first phase or “Tranche 1” of renewable energy projects. This allows 844.82 megawatts to be added to the power grid.
In addition, the signing of two energy storage contracts that adds 200 megawatts to the electricity system was completed.
“The Bureau continues to focus on complying with public energy policy and the transition to clean energy sources as part of the transformation of the electricity system to a more efficient and stable one,” said the president of the Energy Bureau, Edison Avilés Deliz in a written statement.
This allows the start of the process for the acquisition of renewable energy for the second phase or Section 2 that will begin on September 9. In that second phase, the Bureau will issue a request for proposals (RFP) for the Puerto /Rico Electric Power Authority to acquire an additional 1,000 megawatts in renewables and 500 megawatts of energy storage through batteries.
Law 17 of 2019 established a Renewable Energy Portfolio in order to reach a minimum of 40% by or before 2025; 60% by or before 2040; and 100% by or before 2050.
For more information on the renewable energy procurement and storage processes for Tranche 2, interested parties can access the following link: https://prebrfp. accionpower.com/_preb_2101/ login1.asp.