Energy
in Central America
Friday, February 3, 2012
In April use of the line will be put out to tender, in which domestic and foreign generators will be able to take part.
"In the activity, generators submit bids for tolls to pass their energy along this line," said general manager Fernando Marciscano from the electricity transmission company ETESA.
Thursday, February 2, 2012
The Panamanian electricity sector is opposed to law reforms with which the state aims to improve the electricity market.
Industry representatives at the forum ‘Challenges and Threats in the Electricity Sector’ presented ideas and various solutions to solve current problems.
Wednesday, February 1, 2012
Since 2000, when 7.5 million barrels were extracted the number has been reduced, settling at 3.9 million last year.
Oil production in Guatemala has been gradually reducing, given the depletion of existing wells and the lack of exploration of new sites.
Wednesday, February 1, 2012
Guatemala distributors asked for 800 MW, but supply has exceeded expectations, with 873MW from non-renewable sources, and 682 MW from renewables.
Bids presented by 33 power generators together amount to almost double the 800 MW of power originally requested in Guatemala‘s recent tender. Overall, the proposals from the bidders totaled 1554.9 MW, reported Siglo21.com.gt.
Wednesday, February 1, 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.
Wednesday, February 1, 2012
Authorities want to finish the hydroelectric station in Guatemala, a project costing between $350 and$ 450 million.
The development of hydroelectric station Xalalá, located between Uspantán, Quiché, and Coban, Alta Verapaz, is one of the National Institute of Electrification’s (INDE) current projects, as part of its Strategic Plan 2012-2015.
The new plant will be able to generate 180 megawatts (MW) for the country, officials said to the press, as reported by the newspaper Diario de Centro America in its website.
Tuesday, January 31, 2012
In view of the lack of future of the bill to modernize the electricity market in Costa Rica, a tender is being prepared for the supply of 200 MW under the current law.
The state-owned Instituto Costarricense de Electricidad (ICE), the giant of the national electricity market, still has the option of opening electricity generation projects that would produce about 196.1 MW in total, the government said.
Tuesday, January 31, 2012
Panama is looking for expressions of interest for providing consultancy services for the supervision of rural electrification projects.
The supervision services are aimed at monitoring the implementation of rural electrification projects and ensuring full compliance with all aspects of the specifications, timescales, and other agreements set forth in the contracts for implementation of the following projects:
Friday, January 27, 2012
The Superintendence for Competition in El Salvador requires proof that the economic concentration will bring significant gains in efficiency, with direct benefits for consumers.
A press release from the Superintendency of Competition (SC) reads:
Friday, January 27, 2012
Thirty-three companies have submitted their technical and financial bids for the tender for the provision of 800 MW of power over the next fifteen years.
Participating in the process are four power stations providing energy using biomass and coal, two windmills and several hydroelectric power companies.
Thursday, January 26, 2012
The U.S. company plans to build a refinery for $600 million in Acajutla which will process up to 40 thousand barrels of oil.
Petrogolfo, a U.S. company in the energy sector, plans to relocate a center in Texas and open a $600 million refinery that will process from 30 thousand to 40 thousand barrels of oil a day, and has already signed a memorandum of understanding with the Mayor of the City of Acajutla, El Salvador.
Wednesday, January 25, 2012
Investments could take the form of a refinery, a logistics center and tourism projects in the Caribbean zone of Panama.
Three foreign consortia have expressed interest in settling in the free zone of Baru, Chiriqui Province, to build a logistics center, a refinery for processing hydrocarbons, and a tourist center, taking advantage of the Baru area’s geographical position, as well as the pipeline which can transport oil from the Caribbean to the Pacific and vice versa, said the Minister of Commerce, Ricardo Quijano.
Friday, January 20, 2012
Subsidies in the last 6 years amounted to $430 million; authorities have announced reductions and the first casualties will be heavy users.
The government of Panama has taken the first steps towards cutting subsidies for electricity, and the first sector affected may consumers using between 451 and 500 kW, 2% of total users, authorities said.
Friday, January 20, 2012
The Venezuelan-owned company Energy 304 will distribute Liquefied Petroleum Gas (LPG) for domestic use in the country.
The distribution of LPG will be done through the stores BANASUPRO (National Commodity Supplier). The company 304 Energy will provide the investment to adapt local product suppliers.
Thursday, January 19, 2012
The Panamanian Cabinet Council has approved an amendment to the Law of February 6th , 1997 which aims to improve the national electricity market.
A press release from the National Secretariat of Energy reads:
The Cabinet Council has approved an amendment to the Law of February 6th , 1997 that seeks to improve the national electricity market with a view to distribution companies fulfilling their obligation to contract out all of their demand in order to produce a secure supply to end customers.
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