Puerto Rico Economic Pulse ©

February 2004: Let Energy Foster Tomorrow’s Growth

Transitioning into a new energy phase is critical to PR’s competitiveness

The economy runs on energy. It is a fact that all economic activities require the consumption of energy. The intrinsic relationship between energy consumption and economic growth urges to secure energy reserves to spur long-term growth. In addition, future competitiveness will depend, in part, on attractive energy prices and lower environmental impacts. This issue presents a brief assessment of the energy sector in and highlights the necessary steps to enforce a transition towards a new energy phase in the island.