The construction of a thermoelectric plant in Panama with a capacity to generate 1 MW with 650 Kva capacity engines.
CentralAmericaData provides an updated list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
In Panama during May 2020 the demand for electricity from the commercial sector bottomed out, as consumption fell to 195 million kwh due to the pandemic, but in the following months the figures improved and in November the turnover rose to 297 million kwh.
Although the cumulative figures from January to November 2020 show that consumption in commercial establishments fell by 26% compared to the same period last year, a significant recovery was reported in the last months of last year.
For the period from October 15, 2020 to January 14, 2021, the price of electricity in the country will rise an average of 14% over the previous quarter.
The main factor that affected the adjustment was the increase of more than 67% in the average international price of oil, an upward variation that impacted energy prices in the System's Regulatory Market and especially in the prices of Long Term Contracts, informed the General Superintendence of Electricity and Telecommunications (SIGET).
After power outages were banned, Energuate notified generators that there is a possibility of not paying for all the power they have provided so far.
Weeks ago, Congress approved and published Decree 15-2020, which prohibits cuts in water, electricity, cable TV, telephone and Internet services during the state of calamity and its possible extensions, and which came into effect following the outbreak of covid-19 in the country.
During the first month of the year, electricity generation in Panama amounted to 975 million kWh, 7.5% more than in the same period of 2019.
According to the most recent data from the General Comptroller of Panama, in the first month of the year 390 million kwh were generated from hydraulic sources, which is equivalent to a 3% increase over the 379 million offered in the same period in 2019.
Partly determined by the behavior of the energy supply from thermal sources, between January and October 2018 and the same period in 2019 the electricity generation in Panama grew 120%.
According to the latest report of the General Comptroller's Office of Panama, in the first ten months of 2019 9,253 million kWh were generated, which is equivalent to an increase of 3% with respect to the 8,990 million offered in the same period of 2018.
The company AES Panama launched its liquefied natural gas storage system in the province of Colon, from where it plans to supply the entire Central American region.
This liquefied natural gas (LNG) distribution system will supply the 381 MW thermal plant located on site, also owned by AES, which began operating in August 2018.
Between January and August 2018 and the same period in 2019, electricity generation from hydraulic sources in Panama decreased by 40%.
According to the latest report of the General Comptroller's Office of Panama, in the first eight months of 2019 7,436 million kWh were generated, which is equivalent to a 3.3% increase over the 7,200 million offered in the same period of 2018.
Between October this year and January 2019, the Instituto Costarricense de Electricidad expects to reduce tariffs by more than 10% in regions such as Limón, Zona Sur, Pacífico Central, sectors of Guanacaste and the Greater Metropolitan Area.
The first reduction, of 2.8%, has been in force since October 1 and is explained by the fall in thermal backup consumption.
From January to June 2019, 52 environmental impact studies were presented to carry out works on electricity networks and build power generation plants in different areas of Central American countries.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
Partly determined by the behavior of the energy supply from thermal sources, between January and July 2018 and the same period in 2019 the electricity generation in Panama grew 4%.
According to the latest report of the General Comptroller of Panama, in the first seven months of 2019 were generated 6,503 million kwh, which is equivalent to a 3.6% increase over the 6,503 million offered in the same period of 2018.
The state-owned company LaGeo plans to invest in its geothermal fields in Chinameca and San Vicente to increase its generation capacity to an additional 80 megawatts.
In order to finance the works, the public company LaGeo, a subsidiary of the Lempa River Hydroelectric Executive Commission (CEL Group), is negotiating a $232 million loan with the World Bank.
In the first three months of 2019, 14 environmental impact studies were presented in the countries of the region to perform work on electricity grids and develop power generation plants.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
The Costarican Institute of Electricity delivered the Las Pailas II Geothermal Plant located in Curubandé, Guanacaste province, at a $366 million cost.
According to projections, the work became more expensive and was delivered months late, since the 2016-2035 Generation Expansion Plan specifies that the plant had an initial cost of $335 million and was to begin operations in January 2019. The total final investment was $366 million.
Because of the behavior of the energy supply from thermal sources, between January and May 2018 and the same period in 2019 the generation of electricity in Panama increased 4%.
The latest report of the General Comptroller of Panama, details that in the first five months of 2019 were generated 4,634 million kwh, equivalent to a 3.9% increase over the 4,460 million offered in the same period of 2018.