Industry representatives at the forum ‘Challenges and Threats in the Electricity Sector’ presented ideas and various solutions to solve current problems.
Victor Urrutia, ex-administrador of Public Services referring to the issue said, "Interventions cause instability ... The regulation should be done, but it is secondary. It is not clear whether the core suggestion is a good one."
The article in Laestrella.com.pa cludes comments from Felipe Chapman, from Indesa, who says for example, "The demand for power is always linked to economic growth, so one of the challenges for Panama, a country that is growing and keeps growing, is to to be able to meet the energy demand required by the country. Sectors such as construction and trade require a power consumption of 23.6 and 21.2%, respectively ... the power supply should be increased between 5 and 6%, taking into account the perspectives of economic growth of 5% for 2012. "
Source: laestrella.com.pa
More on this topic
July 2010
The Panamanian State has bought Bocas Fruit Company’s electrical assets for $4 million, to award a concession contract.
Juan Manuel Urriola, Energy Secretary, explained that once the assets have been purchased, they will proceed to release them under administrative concession so that they can be managed privately to supply electricity to the village communities of Changuinola and Almirante.
February 2012
Through amendments to the law, the Panamanian government is aiming to improve conditions in the electricity market.
"The purchase of energy in the occasional market in Panama costs the state about $100 million annually, said the Secretary of Energy, Juan Urriola. Because of this, authorities have submitted to the National Assembly an amendment to the Law of February 6, 1997, which seeks to improve the national electricity market", reported PanamaAmerica.com.pa.
January 2011
EPM Group bought to Ashmore Energy International electricity distribution company ENSA of Panama and DELSUR of El Salvador for $ 200 million.
The Corporate Group EPM (Empresas Públicas de Medellín) is dedicated to providing public services related to electricity, water, sanitation and telecommunications, through 12 subsidiaries. It is owned by the Municipality of Medellín, governed by Colombian commercial law.
November 2011
The Government of Honduras has decided to solve its age old problem of energy loss by investing in the improvement of transmission and distribution.
With a huge investment, the Honduran government will implement a plan to improve the power distribution network in the country, which for years has caused problems due to its deteriorated condition.
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