Electric companies fight for position in Panamanian electricity market.

About 30 to 40 electric energy producers will be participating in September in a public tender process to earn a space in the market.

Friday, August 22, 2008

Victor Gonzalez, manager of Mercado Electrico de la Empresa de Transmision Electrica (ETESA, a power company) explained that in the next few months there should be 120 megawatts more of power that will be generated, thereby guaranteeing that this years demand for energy will be met.
Along with the interconnection project between Panama and Colombia and the entrance of more power companies in the market, the supply of energy to meet demand is guaranteed until 2012, not to mention a reduction in electricity rates, Gonzalez said during a trip with the National Dispatch Center (CND), the entity in charge of the operation and administration of the national electricity market.

More on this topic

The Road for Power Generation in Panama

May 2015

The exhaustion of the potential of hydroelectricity and social resistance to its use, is bringing to the forefront alternative energy as a solution to meeting electricity demand which is growing at 5% a year.

Energy imports from Central America and Colombia, through the interconnection network and the possibility of building more thermal power plants and renewable options are choices the country has to meet future electricity demand, not only because of social opposition to hydroelectric projects, but also because of the lack of rivers with enough channels to operate a dam.

Guatemala: Energy Exports Climb

August 2014

In the second half of 2013 the country sold 450.9 GWh to the region, nearly four times more than the amount exported in the same period in 2012.

The energy crisis affecting countries such as Honduras has forced them to increase dependence on imported energy from Guatemala, which has become the leading supplier in Central America.

Panama: Tender for Electric Generators Cancelled

October 2013

EGESA has canceled the tender to hire power generation equipment for 80 MW which was duplicated in a similar contest organized by ETESA.

A few days ago the tender by Egesa caused confusion among market participants who believed that it overlapped with another tender launched by Empresa de Transmisión Eléctrica S.A. (Etesa) to recruit new plants for the same amount of energy.

Panama nears limit for power generation

May 2008

Panama's electricity consumption continues to set new records that edge ever closer to maximum generating capacity.

The National Dispatch Center reported that demand yesterday was the highest ever – 1,059 megawatts, compared with a capacity of 1,072 megawatts.
Because of scant rainfall, water levels in the nation's main hydroelectric dams are close to minimum levels.

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