CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
The business model for electrical generation companies, including PREPA, traditionally known as “build and grow,” is based on (1) the construction of ever larger and more efficient generating plants using cheap fossil fuels and (2) a constant increase in electrical consumption.
Here’s a glance at our most recent relief, recovery and rebuilding efforts.
On February 12, Governor Ricardo RosellĂł presented the third iteration of his Fiscal Plan for Puerto Rico. In general terms, this version of the Plan has three main components: (1) a revision of the base economic scenario taking into consideration the appropriation of federal funds for the reconstruction of the infrastructure destroyed by Hurricane Maria; (2) an austerity plan; and (3) a structural reform program.
For the fifth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2017 Global Go To Think Tank Index Report published by the University of Pennsylvania’s renowned Lauder Institute.
Por quinto año consecutivo, el Centro para una Nueva EconomĂa (CNE) de Puerto Rico ha sido incluido en la ediciĂłn más reciente del Ăndice mundial de think tanks que publica el Lauder Institute de la Universidad de Pennsylvania.
The administration of Governor Ricardo Rosselló recently announced its intention to privatize the Puerto Rico Electric Power Authority. I agree with the governor that the time has come to take drastic measures with respect to PREPA, as it has proved incapable of reforming itself and has been immune to several administrations’ efforts to modernize and restructure its operations.
Hurricane Maria blew away roofs, uprooted lives and laid bare a corrupted and decayed energy grid. But one thing it did not do was diminish Puerto Rico’s determination, grit and sense of purpose.
Today, 90 days after MarĂa hit P.R., we are resolute to continue with our mission. Together we are on the road to restore, rebuild and reimagine Puerto Rico.
