Energy production does not seem to have been impacted by increasing oil prices.
"According to the National Charge Dispatch (CNDC in Spanish), starting this month there will be an increase in wind energy production, directly benefitting the national electricity market, as it averages a cost of just $167 per megawatt produced.
Energy is still being generated by hydropower plants and to a lesser extent from geothermal sources, the latter of which is expected to increase in late 2011 with the addition of the first 36 megawatts produced by San Jacinto Tizate, of Polaris Energy Nicaragua”, reports Elnuevodiario.com.ni.
As an example, on the 12th of November, the country registered a demand for 450 megawatts, 200 megawatts of which was produced by renewable energy sources.
Source: elnuevodiario.com.ni
More on this topic
January 2012
Nicaragua managed to cover 48% of the population’s domestic demand with renewable energy, producing 219.8 MW.
A press release by ProNicaragua reads:
Nicaragua managed to cover 48 percent of the national demand from the population with renewable energy, producing 219.8 megawatts of power from wind farms, hydroelectric, biomass and geothermal stations, according to data provided by the Ministry of Energy and the National Center for Cargo Dispatch.
February 2012
In 2011 Costa Rica increased its use of fossil fuels by 24% in order to meet the demand for energy.
Data from the Regulatory Authority for Public Services (Aresep) shows that power generation based on diesel and bunker fuel grew by 24% in 2011 compared to 2010, going from 706.529 MW / h to 930.970 MW / h.
November 2010
The IFC will provide $ 50 million and mobilize an additional $ 140 million to support the construction of a new geothermal power plant.
This plant is the largest project in Nicaragua in over 25 years in this sector. This initiative will foster the generation of renewable energy, expand electrification and help reduce the country's dependence on imported fuels.
March 2012
The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.
Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.
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