{"id":12646,"date":"2026-09-29T17:28:44","date_gmt":"2026-09-29T17:28:44","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=12646"},"modified":"2026-09-29T17:28:46","modified_gmt":"2026-09-29T17:28:46","slug":"dr-electricity-sector-transformation-gains-attention","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/dr-electricity-sector-transformation-gains-attention\/","title":{"rendered":"DR Electricity Sector Transformation Gains Attention"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>The Minister of Energy and Mines and CUED president highlighted that oil-based power generation has fallen from 88% to below 10%, alongside increased investment.<\/li>\n<\/ul>\n\n\n\n<p>The Dominican electricity sector has undergone a transformation that has reduced the amount of petroleum derivatives used in electricity generation from 88% to less than 10%, a change that the Minister of Energy and Mines and president of the Unified Council of Electricity Distribution Companies (CUED), Joel Santos Echavarr\u00eda, described as a &#8220;revolution&#8221; and an important support for the country&#8217;s economic stability.<\/p>\n\n\n\n<p>During an interview at the HOY Economic Meeting, Santos explained that in 2000, 88% of electricity generation depended on oil derivatives, while that share is currently below 10%.<\/p>\n\n\n\n<p>He pointed out that this transformation has come with a significant growth in renewable energies, which currently supply around 25% of the national electricity demand, while the country continues to incorporate new solar and wind generation projects.<\/p>\n\n\n\n<p>Santos stressed that the reduction of dependence on oil also contributes to cushioning the impact of international fuel prices on the cost of electricity.<\/p>\n\n\n\n<p>He explained that, while the country must import fossil fuels, it has resources such as sun and wind to generate renewable energy.<\/p>\n\n\n\n<p><strong>Investment<\/strong><strong><\/strong><\/p>\n\n\n\n<p>In the interview, the official highlighted that the electricity sector has become one of the main recipients of foreign direct investment in the Dominican Republic, with more than US$1,000 million annually in recent years, even ranking above tourism in the first six months of this year.<\/p>\n\n\n\n<p>Santos believes the change in the energy matrix constitutes a highly impactful transformation, reducing the country&#8217;s vulnerability to petroleum derivatives and contributing to sustaining national economic stability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dominican electricity sector has undergone a transformation that has reduced the amount of petroleum derivatives used in electricity generation from 88% to less than 10%, a change that the Minister of Energy and Mines and president of the Unified&#8230;<\/p>\n","protected":false},"author":9,"featured_media":12644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-12646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DR Electricity Sector Transformation Gains 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