CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
The agreement between PREPA and LUMA Energy for the operation and management of Puerto Rico鈥檚 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鈥檚 electricity problems.
In Washington D.C., the symbolic deadline for a new President to make a lasting imprint on the nation is exactly 100 days. After all, first impressions matter. As the Administration and the new Congress near their 100-day mark respectively Puerto Rico has, for better or worse, not been lost in the mix of national priorities.
Ponencia del Centro para una Nueva Econom铆a ante la Comisi贸n de Desarrollo Econ贸mico, Planificaci贸n, Telecomunicaciones, Alianzas P煤blico Privadas y Energ铆a de la C谩mara de Representantes de Puerto Rico. Vista P煤blica Sobre la R. de la C. 136.
Weeks before the first reported case of Covid-19 in Puerto Rico, it was evident that our public health system was unfit to address the looming crisis.
De la reciente discusi贸n p煤blica en Puerto Rico sobre la Asistencia por Desempleo Pand茅mico y el retorno a los centros de trabajo parecer铆a como si las prestaciones sociales fueran una especie de anatema para la inserci贸n en el mercado laboral.聽 Ambas, sin embargo, deben mirarse de forma interrelacionada y requieren de una fina calibraci贸n por parte de los gobiernos.
In seven months, Puerto Rico faces an imminent threat to its healthcare system: lack of sufficient funds to operate. This is not unusual for Puerto Rico nor any of the other U.S. territories.
Back in August 2020, CNE published a report that analyzed important aspects of the agreement between PREPA and LUMA Energy and offered specific recommendations to improve it. Given the recent public debate regarding this transaction, we are republishing a summary of our findings.
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