Nicaragua seeks offers for geothermal development

Nicaragua will auction concessions to extract energy from the San Cristóbal Volcano, which has the most energy potential of the 12 geothermal sites in the country.

Friday, June 20, 2008

The government will consider offers until July 31, according to a press release on the Energy Ministry's web site.
Energy Minister Emilio Rappacioli told national legislators that the government is working on plans to move to 100 percent alternative energy within the next five years.
The San Cristóbal Volcano alone has a potential of 225 megawatts, enough to supply half of Nicaragua's present energy needs, the ministry said.

More on this topic

Geothermal Energy in Nicaragua

March 2012

The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.

Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.

Iceland Analyzes Nicaragua's Geothermal Potential

November 2014

As part of the Geothermal Energy Master Plan a delegation of experts will be arriving from the volcanic country where 100% of the energy matrix is ​​renewable.

Nicaragua's Geothermal Master Plan has identified 10 potential sites for geothermal generation of about 1,700 MW, located along the Pacific volcanic range.

Nicaragua: Geothermal Power Plant to Add 36 MW to System

December 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.

Geothermal Projects Promoted

August 2011

Guatemala has the potential to generate 1,000 megawatts, of which it currently only uses 3.6%.

The Association of Renewable Energy Generators (Ager) is promoting investment in projects for geothermal power generation. In a presentation at the Guatemala Chamber of Commerce and Industry it asked the authorities to encourage tenders for this sector.

 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


Costa Rica Coffee Farm and Development Property

Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything.
Ideal area for living or developing an ecologically...

Stock Indexes

(Feb 23)
Dow Jones
0.00%
S&P 500
-0.09%
Nasdaq
-0.64%

Commodities

(Feb 23)
Brent Crude Oil
55.000
Coffee "C"
151.00
Gold
1,247
Silver
18.095