War devastates human lives first. That human cost must remain at the centre of the conversation
Wars also send shockwaves through the global economy. Countries thousands of kilometres away feel the impact through something far more ordinary: energy prices.
When oil and gas prices rise, we often treat the price increase as the problem when in reality, the price spike is the symptom.
The deeper issue is a system where entire economies depend heavily on imported fossil fuels so when conflict tightens global supply, that dependence quickly turns into economic vulnerability.
We are seeing that again now: In the
, according to
Grupo Diario Libre
, the benchmark oil price used by the country increased 6.68%, while natural gas for power generation rose by 45%.
For a country that relies heavily on imported fuels, global instability quickly translates into higher electricity costs and economic pressure.
This is why the energy transition is not only an environmental conversation but also a strategic and economic one: The more energy a country can produce from its own resources, the less exposed it becomes to shocks in global fuel markets.
Solar and wind, for example, are expanding rapidly in the Dominican Republic and will remain essential but resilient systems also benefit from local, dispatchable energy.
Bioenergy is one opportunity that often receives less attention.
By cultivating energy crops and producing biomass fuels locally, countries can supply industrial heat and power while reducing reliance on imported fossil fuels.
High oil and gas prices are not the root problem. Dependence is.
If you’re interested in how this is already affecting the Dominican Republic, this article by Diario Libre offers a clear perspective:
https://lnkd.in/d3nKYU8W
#DominicanRepublic #EnergyTransition #EnergySecurity #Bioenergy #PowerOfGrass