Derek HasBrouck, PA Consulting Group energy and utility expert, shares an independent evaluation and damage assessment of the Puerto Rican electrical grid after Hurricane Maria. His analysis was included in an objection filed by the ad hoc group of PREPA bondholders.
In the declaration, Derek says that the “restoration efforts to date have been egregiously mishandled, with valuable time lost.”
He adds: “What is needed now is not a Chief Transformation Officer but rather a Chief Restoration Officer.”
Derek and the PA team completed field work on an independent damage assessment that involved visually evaluating all generation plants on the island, all transmission corridors and transmission lines, and a carefully designed statistical sampling of distribution circuits. A preliminary analysis indicates that the “generation units that were operational prior to Hurricane Maria are still operational, that 95% of transmission structures are intact, and that the vast majority of the distribution system is in serviceable condition.” The preliminary results from the transmission system are “broadly consistent with data from the Army Corps of Engineers.”
Additionally, the PA analysis finds that “[while] damaged sections of the transmission and distribution systems will require a significant amount of effort to repair, there is no truth to hyperbolic assertions that the electric grid has been ‘flattened’ or ‘destroyed.’”