The Business Times
SUBSCRIBERS

Puerto Rico's hurricane destruction lights the way for new energy

Federal funds can be used to re-invent power grid to one relying more on local wind, solar and batteries

Published Sun, Oct 1, 2017 · 09:50 PM

Washington

HURRICANE Maria destroyed Puerto Rico's antiquated and bankrupt electrical system, leaving millions in the dark and utility crews scrambling to help.

Now some politicians and renewable energy investors see a golden opportunity in the crisis to use federal funds to re-invent the US territory's grid as a storm-resistant network that relies less on costly coal and oil imports and more on local wind, solar, and batteries.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here