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Finger Pointing and Denials as the Media Smells Someting Fis

[Schoen]

Teaser from this morning's most recent article in El Nuevo Dia.  This is the part not hidden behind the pay wall.  Seems like the decision-makers continue to scramble to shift the blame.  Hopefully, this ramps up the pressure to approve all the legacy projects right away.

PREPA holds the FOMB responsible for the cancellation of renewables

 

3/12/21 El Nuevo Dia
by Joanisabel Gonzalez

The negotiation promoted by the FOMB resulted in the selection of projects that do not have permits to generate the approved capacity

  

Imagine that you have been working on your dream project for many years. You have obtained financial support and permits, a process that has taken almost 10 years. And, just when you believe you can start operating, they close you down.
 
That is basically what has happened and according to the director of the Office of Project Management of the Electric Power Authority (PREPA), Fernando Padilla , the FOMB is the entity responsible for the recent cancellation of 14 projects of renewable energy that were in negotiations for more than two years.
 
"We understood that these projects followed the cost components required to execute them, but the FOMB decided that we were not in compliance due to the price (of the kilowatt hour or kWh)," said Padilla, referring to the 16 projects that were in negotiations since 2018, that would have added some 593MV of renewable energy to the system.
 
Padilla spoke with El Nuevo Dia as a result of the uproar caused by the selection of X-Zerta and CIRO by PREPA and the FOMB as the only two renewable energy projects that will continue.
 
In an interview with Joanisabel Gonzlez , Padilla explains how PREPA selected both companies , even though they don’t have the permits required to produce the power that they promised right away.