Costa Rica Will Open Electricity Market

The submitted law project would enable free competition between public and private companies in energy production.

Thursday, August 27, 2009

Costa Rican Electricity Institute (ICE) and the current operators will retain energy distribution.

"The country currently lacks regulation for opening this market. It only signs temporary concessions with private energy generators when their contribution is needed", reported Nacion.com. "This plan fosters renewable energy generation while keeps national parks protected from geothermal exploitation".

More on this topic

Honduras: Essential Opening Up of the Electricity Market

May 2015

The private sector is once again insisting on eliminating the monopoly on the generation and distribution of energy, instead of bailing out the state run power company, making rates more expensive.

Although the process to recapitalize the National Electricity Company (ENEE) is in progress, the recent increase in electricity rates has once again put on the table the discussion on the need to ensure competition in the domestic electricity market.

Costa Rica: Government Does Not Want Open Electricity Market

November 2014

The Solis administration is opposed to the Power Contingency Act which would enable private power generation and force the state run power company to compete.

Arguing that there is no need for it because 'demand is being met," the executive branch is opposing the Contingency Power Act because" ...

Energy: Costa Rican Industrialists Ask for Elimination of Monopolies

June 2014

In order to remove the main factor causing loss of competitiveness of enterprises, the caps on private generation need to be removed and regulated competition be allowed in the electricity market.

Costa Rican industrialist are demanding substantive measures to achieve lower prices of electricity and fuel, aiming to break down the monopolies held by the Instituto Costarricense de Electricidad (ICE) and the Costa Rican Oil Refinery (RECOPE), and urging the use of energy potential from geothermal sources in the country.

Costa Rica: The Presidential Candidate and Energy

September 2013

The leading Costa Rican presidential candidate would prefer state run companies to control the energy market.

Johnny Araya Monge, who was a former mayor of the capital San Jose for many years and is now presidential candidate for the ruling National Liberation Party (PLN), is the candidate with the highest number of voter intentions in recent polls.

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