Peak Oil News - World Bank: Dominican energy crisis due to mismanagement

Santo Domingo.- The prolonged energy crisis affecting the Dominican Republic and ineffective measures assumed to remedy the problem generated a vicious cycle of periodic blackouts, high operational costs burdening energy distributors and causing huge losses due in part by theft through illegal connections.

This was affirmed by the World Bank in its latest report on the Dominican energy sector published in September, in which the financial entity states that, as a consequence of failed management, the local population is burdened with high billing rates.