The private sector warns about the market concentration that the Corporation AES could have if it wins the tender for 350 MW, where it presented the lowest bid.
In a letter sent by the Chamber of Commerce, Industries and Agriculture to Energy Secretary Victor Urrutia, it was indicated that according to the law, "... no market agent can apply for awards if the same exceeds 25% of national energy consumption. " If Natural Gas del Atlantico, a subsidiary of AES Corporation, wins in the bidding for 350 MW of thermal energy, "... AES group would have 177 thousand MW in the country or 73% of current demand."
As part of the new conditions to be included in energy procurements, a deposit of 10% of the total investment needed will be required.
After the company Erryl Capital negotiated with AES Panama the cancellation of a contract to supply 80 MW which was awarded in October 2014, the Electricity Transmission Company (ETESA) is going to impose more controls in future contracts, in order to avoid such situations re-occurring. Etesa's manager Ivan Barria told Prensa.com "... 'For the next (tender) we want to be more demanding and involve only those who are prepared to invest'. "
The early termination of the contract comes just three months after the company AES Panama began the tests to begin connecting the barge's electrical system .At the request of Egesa, the Varela administration approved the cancellation of the contract, invoking Article 73 of the Public Procurement Law 22, which allows "... the unilateral termination of contract in the public interest."
AES Panama has presented the government with a proposal to build a power generation plant and a port terminal for transferring the gas.
With an investment which would be around $350 million AES Panama is proposing building a power generation plant based on gas, which would help alleviate the power supply problems affecting the country. The plan also includes the construction of a port terminal for easy transport and storage of gas.
So far this year the Central American countries have sold 120 GW/h, equivalent to $20 million.
An analysis piece on Eleconomista.net shows the levels of energy consumption of the Central American countries and the ability of each of them to trade their surpluses, with generation depending, among other things, on variables such as the weather.
"Preparandome con Energia" generated opportunities for more than 900 people in Bocas del Toro
AES Panama has been awarded by the American Chamber of Commerce in Panama as Good Corporate Citizen for its training, entrepreneurship and labor inclusion program “Preparandome con Energía”.
The execution of this program has resulted in the hiring of more than 900 people from Bocas del Toro, who since November 2011 to this date have been recruited by Grupo Unidos por el Canal to occupy jobs at the expansion of the Panama Canal. Also Petroterminal and Suez Energy have hired labor for their operations located in Chiriquí Grande and Gualaca respectively.
The economic viability of the project will be tested in an upcoming auctions for rights of use and a tender for the supply of energy over a fixed time period.
In the auction for the rights of use to be held on August 16, six companies will take part out of a total of 17 who showed interest, according to the criteria of the project management company, ColombiaPanama Electric Interconnection (ICP).
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AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy.
AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company.
Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Estí (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW).
Our main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribución Eléctrica Metro-Oeste, S.A., and Empresa de Distribución Eléctrica Chiriquí, S.A., which represent the 95% of the company’s energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.
Operates in Panama
Phone: (507) 206-2652
"Integral Energy Solutions" for both the domestic and commercial market. Our mission is to design, develop and install modern systems of renewable energy which support the environment.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2290 0668 - (506) 2290 2422
In late 2005, AES began developing the Changuinola hydro power project and currently the project is in the phase of building the roadways to access that facility. The formal cornerstone laying ceremony took place on October 25, 2007.
The project's total completion represents an investment of approximately $563 million and the estimated date for the Changuinola hydro power plant to go into commercial operation is the first quarter of 2011. Through this new facility, AES contributes to the country's development and helps face the growing demand of energy in Panama, which requires an additional 50 MW each year.
The construction of the new Changuinola I Hydro Power Plant:
* is an asset to Panama
* will generate clean and 100% Panamanian energy
* will create opportunities for previously excluded populations
* will contribute to solve the country's energy situation
* will help Panama to continue growing
The construction and operation of the hydro power plant will be under the responsibility of AES, a multinational energy corporation with world-class standards and an active presence in Panama.
Operates in Panama
Phone: (507) 206-2600
EuroProspect Alternative Energy is born from the need to attend to the renewable energy requirements of professionals in this area of the world. We aim to contribute to solving the problems derived from the expense, pollution and shortage of “traditional” energy sources in developing and/or remote areas of Latin America and the Caribbean.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (305) 859-9877