DomRep Power Could Suffer Oil Shock

DomRep Power Could Suffer Oil Shock

Central America Caribbean Dominican Republic Economy & Policy Corporate & Sovereign Strategy

The Dominican Republic’s power generation sector is highly exposed to rising oil prices, according to Fitch. The vast majority of the country’s power, 82% of installed generation, comes from fuel oil and natural gas-fired thermoelectric plants, it says. That makes it the most highly exposed country in the CentAm and Caribbean. El Salvador comes in second place, as nearly 70% of power generation comes from fossil fuels, Fitch says. Less exposed to rising energy prices are Costa Rica, where 72% of

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