Renewables

Dominican Republic Commits to 25% Renewable Energy by 2025: Key Goals and Investments

Olivia Martin y Herrera
November 29, 2024

The Dominican Republic is accelerating its shift towards renewable energy, with a target of generating 25% of its electricity from renewable sources by 2025. The announcement, made by Energy and Mines Minister Joel Santos during the Perspectives on the Electric Sector for 2025 forum hosted by the Dominican Association of the Electric Industry (ADIE), highlights the government’s dedication to energy diversification.

Solar Power at the Forefront

Solar energy will drive this transition, with its contribution expected to grow from 8% to 17% within a year. Wind energy will also see a modest increase, from 6% to 7%. Meanwhile, traditional energy sources will experience significant reductions:

  • Fuel oil generation will drop from 8% to 4%.
  • Coal reliance will decline from 30% to 24%.

Natural gas will remain a key component, sustaining its current 42% share of the energy mix, while hydropower and biomass will hold steady at 5% and 1%, respectively.

Expanding Access to Electricity

A critical focus of the government’s strategy is rural electrification. Currently, 64,014 households, representing 1.72% of the population, lack access to electricity. Minister Santos pledged to expedite electrification projects to address this gap and ensure universal energy access.

Investments and Regulatory Modernisation

The government plans to invest $450 million (£432 million) between 2025 and 2028 to expand transmission lines and substations. Additionally, distribution improvements, such as large-scale procurement of transformers and meters, will enhance the reliability and reach of electricity services.

To support renewable energy development, regulatory reforms are being prepared to ensure a stable and competitive environment for investors. These reforms aim to attract both domestic and international investments in clean energy, fostering a sustainable and resilient energy market.

Vision for 2030 and Beyond

At present, renewables contribute 18% to the national grid, with the goal of increasing this share to 30% by 2030 as outlined in the National Development Strategy. Minister Santos highlighted the key priorities for the energy sector:

  • Achieving universal access to electricity.
  • Enhancing the quality and reliability of energy supply.
  • Improving energy efficiency.
  • Diversifying the energy mix.
  • Strengthening institutions and establishing a competitive electricity market.
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