Fleet sales as of September amounted to 7,711 units, reflecting a growth of 119.4% versus the same period last year and representing 8% of demand versus 4% the previous year. (Credit: Chakrapong Worathat | Dreamstime.com)
“While the study indicates that it is feasible to achieve the objective of 100% renewable energy generation in Puerto Rico by 2050 without using agricultural lands for developing utility-scale generation, there are significant tradeoffs between resilience and energy affordability; between land use and energy affordability; between meeting the 40% goal by 2025 and achieving acceptable grid reliability in the short term; and between incurring short-term costs to obtain long-term benefits, depending on the scenario Puerto Rico chooses to implement.”
— Sergio M. Marxuach, the policy director and general counsel at the Center for a New Economy, regarding the think tank’s review of the Puerto Rico Grid Resilience and Transition to 100% Renewable Energy Study (PR100 Study) Summary Report and the policy challenges that lie ahead.