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Puerto Rico to reduce power generation amid cash shortfall
Source: Associated Press
Puerto Rico to reduce power generation amid cash shortfall
By DANICA COTO
Yesterday
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s electricity utility said Friday it will dial down the power generation starting this weekend as a federal control board urgently seeks a $300 million loan for the troubled utility after a judge rejected a previous $1 billion loan request.
The announcement comes as nearly 400,000 power customers across the island remain in the dark more than five months after Hurricane Maria hit the island, causing the longest blackout in U.S. history.
Ernesto Sgroi, president of the governing board of Puerto Rico’s Electric Power Authority, said the reduction in power generation would start Sunday and was not expected to interrupt service. But he warned it could destabilize a power grid still being repaired after it was heavily damaged by Maria.
“Without the loan, and given the potential risk to its operations, we have no other responsible option than to begin implementing a limited operational emergency plan,” Sgroi said. “We fear this setback will result in the exacerbation of human hardship as potable water, power for medical procedures, communications, and open schools are at risk of disappearing again.”
-snip-
By DANICA COTO
Yesterday
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s electricity utility said Friday it will dial down the power generation starting this weekend as a federal control board urgently seeks a $300 million loan for the troubled utility after a judge rejected a previous $1 billion loan request.
The announcement comes as nearly 400,000 power customers across the island remain in the dark more than five months after Hurricane Maria hit the island, causing the longest blackout in U.S. history.
Ernesto Sgroi, president of the governing board of Puerto Rico’s Electric Power Authority, said the reduction in power generation would start Sunday and was not expected to interrupt service. But he warned it could destabilize a power grid still being repaired after it was heavily damaged by Maria.
“Without the loan, and given the potential risk to its operations, we have no other responsible option than to begin implementing a limited operational emergency plan,” Sgroi said. “We fear this setback will result in the exacerbation of human hardship as potable water, power for medical procedures, communications, and open schools are at risk of disappearing again.”
-snip-
Read more: https://apnews.com/bd8ab6fc7dd243418cd255df0b42825f/Puerto-Rico-to-reduce-power-generation-amid-cash-shortfall