CNE Review – May 2024
The DOE’s PR100 Study maps the paths to 100% renewable generation by 2050. We focus on what deserves more public debate: the complexity, the tradeoffs, the cost, the economic impact and the risks.
CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
The DOE’s PR100 Study maps the paths to 100% renewable generation by 2050. We focus on what deserves more public debate: the complexity, the tradeoffs, the cost, the economic impact and the risks.
Reaching 100% renewable generation by 2050 is worth pursuing, but it will be complicated, expensive and full of tradeoffs. Drawing on the DOE’s PR100 Study, we lay out the costs, the economic impact and the risks Puerto Rico must manage.
Rosanna Torres returns to lead CNE’s Washington office and outlines the federal priorities we will pursue: Puerto Rico’s transition from NAP to SNAP, more funding for the EITC, and permanent, equitable Medicaid funding.
Since 1982, Puerto Rico has received nutrition assistance through a capped block grant with lower benefits and stricter eligibility than SNAP. We argue Congress should use this Farm Bill to transition Puerto Rico to SNAP now.
We highlight key findings from the summary of the DOE’s PR100 Study and the tradeoffs it implies between affordability, resilience and land use. Rate increases of 66% to 83% by 2025 would not be economically feasible.
The DOE’s PR100 summary shows Puerto Rico can reach 100% renewable generation by 2050, but every scenario involves tradeoffs between cost, resilience and land use. We outline the scenarios, their policy implications and the questions decision-makers still need to answer.
Puerto Rico’s energy transformation is at a critical stage as PREPA’s restructuring, grid reconstruction and a new Integrated Resource Plan converge. We summarize where each process stands and the policy disputes slowing the shift to renewables.
PREPA’s operational and financial restructuring, the rebuilding of the grid and a new Integrated Resource Plan are converging at a critical moment. We assess each process and warn that disputes over natural gas and rooftop versus utility-scale solar are delaying the transition.