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Privatization of PREPA

As the privatization of PREPA, the island’s electricity utility, advances, political leaders, academics and business leaders are advocate an energy policy for Puerto Rico that will enable communities to access renewable energy, create jobs, and municipalize traditional energy resources. “Some of the groups stressed that the regulatory framework must not put limits to net-metering, a mechanism that provides credits to solar energy system owners for the electricity they add to the grid.” [Eva Lloréns Vélez, “Groups Back Array of Alternatives in Proposed Energy Policy,” Caribbean Business, September 6, 2018]

Standing Against Privatization: Puerto Rico's Teachers Strike

Teachers have gone on strike to protest the privatization of the educational system and its accompanying mass school closures. “We are not objects,” said one parent. “We are not furniture that can be moved from place to place. We are not boxes to be consolidated. We are human beings who cannot just be uprooted without consequence. Our children have already been traumatized by the hurricane, and now Secretary Keleher is traumatizing them all over again.”

Source: Truthout

PREPA privatization law invites more contracting scandals

Cathy Kunkel of the Institute for Energy Economics and Financial Analysis, worries that privatization without regulatory oversight of the island’s electricity system will just open up opportunities for corrupt, politically driven business deals. “In a report that Kunkel helped author, the IEEFA was particularly dubious that a new private owner, absent robust regulation, would voluntarily shift toward renewable fuel sources: Why would you pave the way for distributed forms of energy generation, like solar, when they compete with the centralized power grid you've just bought?” See the report, PREPA Privatization Law Invites More Contracting Scandals.

Source: Institute for Energy Economics & Financial Analysis

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