Nicaragua Covers 48% of Demand with Renewable Energy

Nicaragua managed to cover 48% of the population’s domestic demand with renewable energy, producing 219.8 MW.

Tuesday, January 17, 2012

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.

With the coming into operation of the new 36 MW plant at the San Jacinto Tizate project, which is managed by the company Polaris Energy Nicaragua, the contribution of renewable plants reached 48 percent, much higher than it was two years ago, when average production was just 30 percent.

On Tuesday, the National Cargo Dispatch, CNDC, recorded a maximum demand of 525 megawatts, of which almost 220 were produced by renewable generation plants. The country's peak demand reaches 540 megawatts on average.

Although the average price of bunker fuel used in thermal generation plants averaged $103 per barrel and the average cost this energy source reached $240 per megawatt last week, the average price, with a mixed power grid, was between $158.5 and $165.7 dollars per megawatt.

More on this topic

Nicaragua: Clean Energy Maintains Stable Electricity Rates

November 2011

The production of wind energy and hydropower have kept the average cost of energy generation under $170.

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.

Guatemala Updates Electricity Expansion Plan

January 2012

By 2026, the country will generate 78% of its energy from renewable sources.

The changes proposed to the Generation System Expansion Plan 2012-2026 have already been approved by the Ministry of Energy and Mines (MEM).

In 2012, it is is expected to generate 50.5% from hydroelectric sources, 3.6% from geothermal sources, 3.5% from bunker fuel, 12% from biomass, 9% from the electrical interconnection with Mexico and 21.3% from coal.

More Hydrocarbons in Costa Rica’s Energy Matrix

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.

Geothermal Energy in Nicaragua

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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