CEPM presents in FITUR results of its investment superior to US$140 MM in Bávaro
The consortium is betting on making Bávaro and Punta Cana the first smart cities in the Caribbean region, an initiative that – with the increase of the generation capacity and the supply of clean energy – constitutes an endorsement to the development of sustainable tourism.
Madrid, SPAIN.- The Consorcio Energético Punta Cana – MAcao (CEPM) presented at the International Tourism Fair (FITUR) 2019 the results of its most recent investment, of more than 140 million dollars, including the expansion of its capacity to 85 MW generation, a natural gas regasification station and a static reactive power compensator, for its 138kV transmission line; which are today a reality in its facilities in Bávaro, La Altagracia province.
The new assets of CEPM, a company of InterEnergy Group, make up the installation of three Wärtsila 18V50DF tri-fuel engines that will contribute 51MW to the Bávaro, Verón and Punta Cana areas, which together with the solar parks that CEPM is building, will add a total of 85MW this year 2019, thus guaranteeing the self-sufficiency of the operations. In addition, the company announced that the static reactive power compensator has already entered into operation, a system that will raise the levels of electric service quality and, in turn, expand the power transmission capacity.
In addition, the most important natural gas regasification satellite plant in the region is already in operation, which will favor the eastern part of the country, especially the tourism sector, with clean electricity generation, which contributes to the promotion of a more sustainable destination.
“As we announced at FITUR 2018, this investment program has been the most important in the history of CEPM to date. With this we reaffirm our commitment to the Dominican tourism sector in line with the national goal set by President Danilo Medina to reach the 10 million tourists who visit the country, “said Rolando González Bunster, Chairman & CEO of InterEnergy Group, parent company of CEPM.
The investment program included the installation in Bavaro of a new 22 MW General Electric LM2500 turbine of dual fuel (natural gas-diesel) with which it will increase the speed of response to replace the service in case of any contingency or atmospheric phenomenon and diversify the generation matrix increasing the use of natural gas.
“All these new projects expand our capacity to generate and transmit energy, anticipating the projected growth of the tourist areas we serve. We are very proud to support energy growth based on an innovation agenda that guarantees economic development in this important tourist destination of the country, “he said.
Betting on the future
During the fair, held in Madrid from 23 to 27 January, CEPM executives also announced the company’s future plans, based on Research and Development (R & D) to continue offering solutions and products that meet the demands of Your clients. The big bet for 2019 is electric mobility and the start-up in the country of InterEnergy Systems, whose target market is Latin America and the Caribbean, to expand business areas such as high-efficiency thermal platforms and the implementation of smart grids.
Within electric mobility, CEPM seeks the development of this market with the Emobility project, through the installation of charging stations in its concession area. In that sense, González Bunster stated: “electric vehicles open the possibility of a transport system four times more efficient than cars that use petroleum derivatives, highlighting this as a solution that CEPM will make available to its customers so they can mobilize with our energy. “