Puerto Rico residents and businesses have moved rapidly to install rooftop solar and storage in recent years to improve their resiliency in the face of an unreliable power system. These actions represent a bright spot in the transformation of Puerto Rico’s electrical system towards more renewable energy. This report “Solar at a Crossroads in Puerto Rico” by IEEFA tracks the overall progress of Puerto Rico’s long-touted transition to renewable energy.
Key findings:
● Despite an institutional consensus about the importance of renewables for Puerto Rico’s power grid, those in charge of day-to-day operation are pursuing aggressive plans for natural gas expansion.
● A potential failure to achieve the commonwealth’s legislatively mandated renewable energy goals, which call for 40% renewable energy by 2025.
● Puerto Rico’s renewable energy transformation is well under way, although it is entirely taking place at the level of individual households and businesses installing rooftop solar and storage.
● The FOMB’s latest efforts to undermine rooftop solar are an example of poor management and poor planning that could dramatically slow the expansion of renewable energy in Puerto Rico.
Access the complete report here
