Acuerdo entre la AEE y LUMA: ¿Dónde estamos ahora?
Lee el escrito de Sergio Marxuach sobre el status actual del contrato entre la AEE y LUMA.
Energy
Another Look at the PREPA-LUMA Agreement
CNE already published an extensive analysis of the operation and maintenance agreement, back on August 2020. Our objective with this new analysis is to provide a succinct evaluation of the situation today, analyze the options available to the government of Puerto Rico, and hopefully clarify some of the confusion surrounding the operation of this public-private partnership agreement.
¿Hacia dónde va el sistema eléctrico? Una mirada de contexto
En este Apuntes desde Madrid le echamos un vistazo a lo que ocurre en Europa en relación al gas natural a fin de reflexionar sobre las implicaciones del nuevo escenario mundial sobre el futuro del sistema eléctrico de la isla.
PREPA’s Debt Restructuring – What’s Next?
In this policy brief, we take a look at the current state of PREPA’s debt restructuring process and offer some recommendations about what a good PREPA debt restructuring transaction should (and shouldn’t) include.
Desde Madrid: En el radar para el 2022
El primer mes del año es buen momento para pasar revista, por lo que aprovechamos para esbozar algunas de las discusiones que seguiremos de cerca desde España que pueden arrojar luz sobre temas fundamentales para Puerto Rico durante este año que recién inicia.
A Short History of the Demise of Puerto Rico’s Electric System
The recent outages of Puerto Rico’s electric system have generated plenty of uninformed debate. That situation prompted us to go through the archives and look up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012 and August 15, 2013, respectively. These documents contain a wealth of data and information about Puerto Rico’s electricity system.
The Short Memory of the Masters of Disaster
Recently, we have been hearing some unreasonably rosy statements about how well the Puerto Rico Electric Power Authority used to work. That is why I looked up the Official Statements for PREPA’s last two bond offerings, dated April 12, 2012, and August 15, 2013. These documents contain a wealth of data and information about Puerto Rico’s electricity system.
Beyond LUMA: Some Lessons from the International Experience Restructuring Electricity Markets
The agreement between PREPA and LUMA Energy for the operation and management of Puerto Rico’s electric grid has been in the public spotlight recently. Many private sector organizations, as well as multiple NGOs, have pointed out the deficiencies of that agreement. Yet, canceling or terminating the agreement with LUMA will not solve Puerto Rico’s electricity problems.