Foundation research

Wood Mackenzie partners with the Puerto Rican Solar Foundation

Wood Mackenzie partners with the Let’s share The Sun Foundation, a 501(c)3 non-profit charity whose goal is to help the poorest gain access to electricity. The foundation uses solar power as a solution to help poor communities around the world who live without electricity by installing solar power in places that have access to sunlight but no basic resources.

The global energy consultancy has sent a team of three analysts to Puerto Rico to help the foundation install solar panels on homes as part of its new initiative with the charity. They are working with local workers and volunteers to install a total of 60 solar panels on five homes that have little or no access to grid electricity.

Wood Mackenzie supports the charity, and the trip is just one part of this new partnership. The group also raises funds, volunteers and lends its expertise in the renewable energy sectors to share its knowledge of distributed renewable energy generation with local utilities in Puerto Rico as well as other areas served by the foundation.

Wood Mackenzie Americas Power & Renewables Research Director Luke Lewandowski is a champion of the initiative and shared his thoughts in the following statement:

“Having spent my career in renewable energy and now in the energy transition space, the needs of people living in remote areas, who struggle to access affordable and reliable energy, have touched me.

“Hurricane Maria, which hit Puerto Rico in 2017, damaged 80% of the territory’s electricity grid. Prospects for improvement are dim with limited capital, infrastructure challenges and the increasing risk of intense weather events caused by global warming. We see an opportunity with Let’s Share the Sun to help local communities access clean, sustainable energy – something most of us take for granted.

In one Press release, Wood Mackenzie discussed Puerto Rico’s commitment to meet its electricity needs with 100% renewable energy by 2050. Last month, the government of Puerto Rico and three U.S. federal agencies signed a memorandum of understanding. agreement to align federal funds with local policies. . These three federal agencies were the Departments of Energy, Homeland Security, and Housing and Urban Development. The group plans to complete a two-year study, Puerto Rico’s Grid Resilience and Transition to 100% Renewable Energyin 2023. The study will analyze how Puerto Rico can achieve 100% renewable energy by 2050. From this, Lewandowski emphasized that 2022 would be a year of action.

“The U.S. government promises that 2022 will be a ‘year of action’ in Puerto Rico’s transition to 100% clean energy and the team at Wood Mackenzie is very happy to contribute with time, knowledge and fundraising. .

“This trip launches our initiative with Sharing the Sun.

“In addition to physical support for the installation of solar panels, we will be hosting webinars related to the energy transition to raise awareness and funds, and our employees donate and organize fundraising events which are co-funded by Wood Mackenzie and our parent company Verisk.”

Share the Sun is working on a project with Casa Pueblo, which is a community organization promoting environmental protection while advocating for solar energy in the Adjuntas. Casa Pueblo participated in the evaluation of more than 200 houses of the project as well as in the selection of beneficiaries.

The foundation pointed out that residents of Adjuntas, Puerto Rico have only limited access to electricity through the grid. According to the charity project pagenearly three-quarters of Puerto Rico’s electrical power is generated from imported oil.

Natural disasters such as Hurricane Maria in 2017 and more recently the earthquakes of 2020 have weakened grid infrastructure and contributed to near-daily power outages and regular price spikes. The foundation pointed out that the mountain community of Adjuntas is particularly vulnerable to these factors, with 62% of its inhabitants living below the poverty line. Many are sick or elderly and live on limited income.

About the partnership with Wood Mackenzie, Bernadette Jordan, Executive Director of Let’s Share the Sun Foundation, said:

“We have already seen the positive impact of this initiative. Just a few days ago, we visited a recipient who was amazed that he didn’t need to run a generator to keep his oxygen machine running during an extended outage. We are happy to provide resilient, independent nutrition to those who need it most, and look forward to a continued relationship with Wood Mackenzie. »

If you would like to donate to the Let’s Share The Sun Foundation project, you can do so here. Donations will support households in rural areas of Puerto Rico who need help refrigerating medicine, loading wheelchairs and running medical equipment – ​​things we take for granted here in the rest of the United States. And honestly, Puerto Rico being a territory of the United States, our government should do better for our citizens.

Featured Image Courtesy Mackenzie/Verisk wood


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