Costa Rica: Hydroelectric concession expires

Right in the middle of an energy crisis, this country is allowing its hydroelectric power company concessions to expire.

Wednesday, June 11, 2008

The first concession to use water for producing electricity has expired This means the owner of the el Cedral plant in Ciudad Quesada must shut it down. This project has been providing energy in the north since the early 1960s.
As well, three other permits are due to expire this year. If the authorities from the Ministry of Energy and the Environment do not renew these permits, the shortfall could make a difference in storing electricity during the summer, said Claudio Volio, spokesman for the electricity producers.
A government spokesman says a gap in the legislation is the cause of the failure to renew the permits.

More on this topic

Toro III Hydroelectric Plant Inauguration

April 2013

With an investment of $188 million and a generation of 46 megawatts, the Toro III Hydroelectric Plant will be inaugurated tomorrow , in San Carlos, Alajuela, Costa Rica.

The work, which took five years to complete, was conducted through a strategic alliance between the Instituto Costarricense de Electricidad (ICE) and the Junta Administrativa de Servicios Eléctricos de Cartago (Jasec).

Taiwan Completes Studies for Patuca III Hydro Power Plant in Honduras

May 2010

The government of Taiwan delivered the required technical and engineering studies for building the hydroelectric power plant Patuca III.

Roberto Martín, Lozano, head of the National Energy Corporation (ENEE), explained that they are devising the project’s financial model: “for this the Government has some resources, we could maybe enter a public-private alliance”, he said.

Costa Rica: Regulation of Private Hydroelectric Companies

March 2009

Minaet may grant private concessions to develop hydroelectric energy projects.

The Legislative Assembly of Costa Rica approved a bill that will allow the Ministry of the Environment, Energy and Telecommunications (Minaet) to grant concessions for hydroelectric energy generation projects during the first debate.

Decree maintains and broadens Costa Rica's electrical concessions

June 2008

President Oscar Arias eliminated by decree the obstacle that would have denied water licenses to hydroelectric producers. At the same time he's seeking more private investment in the sector.

"With the decree the government has eliminated the problem and now there is no obstacle to increasing private participation in the electrical market," said Roberto Dobles, the energy and environment minister.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Jun 23)
Dow Jones
S&P 500


(Jun 26)
Brent Crude Oil
Coffee "C"