{"id":38,"date":"2025-01-09T22:28:20","date_gmt":"2025-01-09T22:28:20","guid":{"rendered":"https:\/\/rutaenergeticapr.org\/?page_id=38"},"modified":"2025-05-28T21:20:41","modified_gmt":"2025-05-28T21:20:41","slug":"about","status":"publish","type":"page","link":"https:\/\/rutaenergeticapr.org\/en\/about\/","title":{"rendered":"About"},"content":{"rendered":"\t\t
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About<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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The Financial Oversight and Management Board for Puerto Rico<\/a> (Oversight Board) and the U.S. Department of Energy (DOE) together developed this website to enhance transparency and support understanding of the process of energy system recovery and transition. The Oversight Board was created under the Puerto Rico Oversight, Management, and Economic Stability Act of 2016 (PROMESA) to provide a method for Puerto Rico and covered entities like the Puerto Rico Electric Power Authority (PREPA) to achieve fiscal responsibility and access to capital markets.<\/p>

Back-to-back hurricanes in 2017 damaged around 80% of Puerto Rico\u2019s electric grid. Since then, the U.S. government has allocated nearly $20 billion in federal disaster recovery funds for the energy system through multiple agencies and departments. PREPA; LUMA Energy; Genera PR; the Central Office for Reconstruction, Recovery and Resiliency (COR3); and the Puerto Rico Energy Bureau (PREB) are partners in strategically investing federals funds in the energy system to reconstruct and modernize the grid, and to reach renewable energy mandates.<\/p>

Puerto Rico\u2019s energy transition is not complete. Energy is not yet reliable. Only a small part of the money provided by the U.S. government has been spent. This website provides information about where the transition stands and tracks its progress.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Tracking Progress Towards More Reliable Energy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The electric service the people of Puerto Rico receive continues to be of lower quality than people in the 50 U.S. states. In fiscal year 2024 (October 2023 \u2013 September 2024), PREPA\u2019s customers experienced an average of seven times more service interruptions than customers of the median U.S. utility (7.5 annually compared with 1.1 for median U.S. utility customers). Similarly, the average duration of power outages was approximately 15 times longer for PREPA customers than for median U.S. customers in the same time period.<\/p>

LUMA reports quarterly on the reliability of Puerto Rico\u2019s energy system in terms of duration and frequency of outages. Quarterly reports can be found on PREB\u2019s website for Docket Number: NEPR-MI-2019-0007<\/a>, and charts of reported data can be viewed on PREB\u2019s Puerto Rico Electric Power and Renewable Energy (PREPARE) Dashboard<\/a> in the Transmission and Distribution System<\/a> section.<\/p>

Read more about Puerto Rico\u2019s energy profile<\/a> on the U.S. Energy Administration website.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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A Brief History of the Administration of Puerto Rico Electric Power<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In 2019, the Puerto Rico Energy Public Policy Act (Act 17) strengthened the Energy Bureau, which was initially created in 2014, into an independent regulator with statutory public funding that now oversees the power system. Act 17 mandated that the grid and power plans be under separate management and private operation. Under the law, PREPA retains ownership of both grid and power generation.<\/p>

Act 17 had also established a timeline to move Puerto Rico towards renewable energy: Puerto Rico must generate 100% of its electricity through renewable sources by 2050, with several interim targets. Act 1 of 2025 eliminated the interim targets but affirmed the 100% target by 2050.<\/p>

PREPA, the government of Puerto Rico, and the Oversight Board together incorporated the goals of Act 17 into the Fiscal Plan<\/a> for PREPA. The Fiscal Plan, certified by the Oversight Board as compliant with PROMESA, must provide for estimates of revenues and expenditures; improve fiscal governance, accountability, and internal controls; enable the achievement of fiscal targets; provide for capital expenditures and investments; and other elements of fiscal responsibility under PROMESA Section 201.<\/p>

Today, the Government of Puerto Rico retains ownership of PREPA and its assets. Day-to-day activities have transferred to LUMA Energy to manage the electric grid and provide support for its modernization and the transition to renewable energy, and to Genera PR to manage existing power plants and oversee shutdown of aging plants powered by fossil fuels.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Key Players<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Numerous local, federal, and private entities each play a crucial role in addressing challenges and driving progress for Puerto Rico\u2019s energy system. From federal agencies providing funding and technical expertise to local regulators and private operators managing day-to-day operations, it is a collective effort to transition Puerto Rico toward a resilient and sustainable energy future.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Puerto Rico\u2019s Energy Sector, Organizations, and Roles<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Oversight <\/div><\/span>\n\t\t\t\t\t\t\t\n\t\t\t<\/path><\/svg><\/span>\n\t\t\t<\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t
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Puerto Rico Energy Bureau (PREB)<\/strong><\/p>