Power generation
in Central America
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.
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.
Wednesday, January 18, 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.
Monday, January 16, 2012
Of the five wind farms to be built in the province of Cocle, two of them have started earthworks.
In the communities of Toabré and Anton, the company Fersa Panama has started work on the two projects that will generate 330 megawatts of energy.
Thursday, January 5, 2012
Forty-three companies have acquired the specifications to participate on 26th January in the tender for the provision of 800MW of power for the next fifteen years.
Of the companies interested, 11 are non-renewable generation plants and 11 generate energy from renewable sources (hydro and wind).
Tuesday, January 3, 2012
Over the next 13 years the country needs to invest about $6,000 million in order to meet the demand for electricity.
About 3,000 megawatts will be needed to meet demand over the next five years, including about 600 MW currently being generated by plants based on bunker fuel, which are scheduled to be removed from the system.
Wednesday, December 21, 2011
At the end of the month the San Jacinto-Tizate geothermal station will generate 36 megawatts which will be added to the national grid.
The head of the ministry of Energy and Mines, Emilio Rappaccioli said at a news conference that the incorporation of the 36 MW of renewable energy, will save nearly $ 40 million annually on fuel consumption.
Wednesday, December 21, 2011
The Investment Promotion Agency of Nicaragua has announced further investments by Hemco for $50 million in two hydroelectric power stations that will generate a total of 20MW.
A statement by PRONicaragua reads:
HEMCO, a company engaged in mineral exploration and hydroelectric power, recently announced plans to invest a total of $50.5 million in the installation of two renewable energy projects in Nicaragua, which have the capacity to generate 20MW.
Monday, December 12, 2011
The AES Fonseca project in La Union has invested $14 million of the $970 million required by the 250 MW natural gas power plant.
AES Corporation has announced that it has most of the necessary environmental permits for the project and will participate in the tender for the provision of long-term energy to be held in January 2012.
Tuesday, December 6, 2011
The company sold at least $2.5 million in stock, claiming to own five hydroelectric projects in Guatemala, and promising yearly returns of 60%.
But the projects featured in the firm’s promotion materials, announced as being under construction, are not owned by the company.
Friday, December 2, 2011
Between 2013 and 2016 six contracts for thermal energy for 810 MW will expire, and consideration is being given to substituting them with renewable energy sources.
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.
Thursday, December 1, 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).
Monday, November 28, 2011
In the span of next year, power generation by burning diesel will be prohibited by decree.
The manager of the National Electricity Company (ENEE), Roberto Martinez Lozano added that within an estimated period of two years the ban will be extended to included power generation with bunker fuel.
Friday, November 25, 2011
The Electric Transmission Company (Etesa) of Panama has awarded two companies with concessions for providing long-term energy for the period 2014 to 2024.
According to a resolution by the state entity, the companies Paso Ancho Hydro Power and Teribe Hydroecological SA.
Thursday, November 24, 2011
Works have been completed on the two sections of the regional network system corresponding to the country.
In 2012, Nicaragua will be able to export electricity to Central American countries whose networks have the capacity to take 300 megawatts of power.