It will be the responsibility of the next government to decided what to do with these contracts, whether to renegotiate them or substitute them with ones for clean energy.
An article in El Heraldo analyzes the advantages and disadvantages of migrating to clean energy.
"One point in favor of thermal generation is that large scale hydroelectric stations that have begun operations still dont have enough capacity to cover the total demand of the country. On top of this, 750 megawatts were awarded during 2010 to more tan 40 enterprises who are experiencing financial problems to run them.
One of the members and founders of the Honduran Association of Small Producers of Renewable Energy (Ahpper), Jack Arévalo, estimates that in the space of 24 months 150 megawatts will come into play generated by hydroelectric stations.
However, the vast majority of the developers who have a contract approved by the National Congress are facing difficulties in finding finance from private banks. One of the main obstacles is the ‘risk of the ENEE and risk of the country’ ".
Source: elheraldo.hn
More on this topic
February 2012
Officials are awaiting the arrival of businessmen from England, Spain and Brazil who are interested in investing in projects that generate clean energy in Honduras.
Honduras is expecting the soon arrival of businessmen from England, Spain and Brazil who are interested in investing in clean energy generation, said the coordinator of Expo Energy and the Energy Advisor for Private Enterprise in the country, Hector Turcios.
September 2011
Eight hydro and wind power plants will begin operating in 2013.
325 MW will be added to the country’s power supply once the power plants being implemented in various parts of the country become functional.
The new energy will be managed by the Instituto Costarricense de Electricidad (ICE), the National Power and Light Company (CNFL) and private companies, who have focused primarily on wind energy projects.
December 2011
The sugar millers have announced the entry of new investments to expand the supply of energy generated by bagasse.
During the sugar harvest, the country has a potential to generate 300 megawatts. Currently only 126 megawatts are produced of which 100 are delivered to the Empresa Nacional de Energia Electrica (ENEE).
February 2010
Japan contributed $9 million to the Costa Rican Electricity Institute (ICE) for developing renewable energy generation projects.
ICE plans to install two solar plants for energy generation, one located in Guanacaste and another in San José.
Hidekasu Yamaguchi, Japanese Ambassador in Costa Rica, told newspaper La Prensa Libre that this non-refundable financial cooperation is part of the ‘Cool Heart Partnership’ which develops environmental projects in developing countries.
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