The plan is to implement longer terms in contracts and release energy and power demand from large customers.
The Energy Plan 2015-2020 presented by the National Secretariat of Energy in Panama is broken down into two main parts: first, the Short-Term Operational Plan 2015-2019, where proposals for the period are detailed, and second, the National energy Scenarios Plan 2015-2020, including projections of fuel prices and other energy sources and demand estimates, expected changes in the energy matrix and the future role of private companies in the energy system.
Those who are elected to perform executive positions such as the Presidency of the Republic must be EXECUTIVES, not hide behind their shields by calling for assemblies when it comes to the responsibility for decision-making.
In Costa Rica energy, specifically electricity, has been for many years, a subject continuously on the agenda of business and policy makers because of the negative impact of its high cost on competitiveness. In the last election campaign, how to address this issue marked the differences between the candidates, and certainly defined the decision of many voters. It is an urgent issue that requires urgent decision making.
The Instituto Costarricense de Electricidad has two thermal power plants which can generate 35 megawatts and is available whenever Panama needs them.
"The electricity would be generated from the combustion of diesel in two plants (Barranca and San Antonio) which the Instituto Costarricense de Electricidad (ICE) has not yet used for meeting local demand because its operation is very expensive," reported Nacion.com.
With the economy slowing down demand for electricity in Costa Rica will no longer increase, as was expected, and the prospect of supply deficit has gone away.
The Instituto Costarricense de Electricidad (ICE) has revised downwards the projected increase in electricity consumption for the coming years, which temporarily removes pressure on any new generating plants.
Sugarcane ethanol from Latin America needs to be an integral part of the United States’ energy strategy.
The new federally-mandated Renewable Fuel Standard (RFS) calls for the United States to raise its annual biofuel production from 6.5 billion gallons per year (bgy) in 2007 to 36 bgy by the year 2022. This is a tremendous undertaking in terms of investment required, construction activity and infrastructure development. Corn ethanol alone will not suffice to reach that goal. In addition to corn ethanol’s environmental and cost shortcomings, (...) it is widely accepted by the corn industry and the federal government that U.S. corn ethanol production will not exceed approximately 15 bgy in 2022.
While officials from the IMF were announcing that Nicaragua is "among the countries at the point of going down because of high oil and food prices," the economy was feeling the consequences of another inflationary spiral, says Oliver Gómez in the Managua daily El Nuevo Diario.
It increased electricity rates, changed the way it did its billing, and the first effects are being felt today with the new costs of the basic basket of consumer goods, he continues.
As energy demands in the region are expected to climb by 6% in the next six years, new investment opportunities are expected to open up.
A recent article in Central America Today explains how in the past, political squabbles and confusing patchwork of overlapping regional, state and private networks hampered efforts to modernize Central American energy systems. As a result, investors often refrained from building new power plants or spending more of their cash flow on energy efficiency or grid automation.
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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
Cummins Power Generation Inc. is a worldwide provider of electrical generators and power generation systems, components and services in standby power, distributed power generation, as well as auxiliary power in mobile applications to meet the needs of a diversified customer base.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (1-800) 888–6626
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