Conversion to Coal Costs $165 million

$165 million have been invested in the coal conversion project operated by Bahia Las Minas (BLM).

Friday, June 10, 2011

The project, in which the state holds a 49% stake, is more than a year behind schedule because of problems in the construction of the boiler.

"BLM was forced to buy more expensive energy in the local electricity market in order to fulfill the supply contract with Elektra Noreste SA (ENSA), effective January 1, 2010”, noted an article in Prensa.com.

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Guatemala Updates Electricity Expansion Plan

January 2012

By 2026, the country will generate 78% of its energy from renewable sources.

The changes proposed to the Generation System Expansion Plan 2012-2026 have already been approved by the Ministry of Energy and Mines (MEM).

In 2012, it is is expected to generate 50.5% from hydroelectric sources, 3.6% from geothermal sources, 3.5% from bunker fuel, 12% from biomass, 9% from the electrical interconnection with Mexico and 21.3% from coal.

Guatemala: $1,000 Energy Investment

April 2011

Since 2008, the Ministry of Energy and Mines (MEM) has authorized the generation of 833MW of electricity.

Of the projects authorized to generate the 833 MW, 478 MW correspond to hydroelectric plants, 330 MW to thermal energy and 25MW to geothermal sources.

Juan Fernando Pérez, MEM Energy Director, told Prensalibre.com that, "some generators, totalling 343 MW, have already begun operating and it is forecast that in the next few years further hydroelectric, coal and geothermal plants will come one line providing an additional 642 MW, with total investment worth $1.3 billion".

Nicaragua Increases Energy Generation

June 2010

The country surpassed the 1.100 MW mark, as a thermal plant known as “Solidaridad”, started operations.

64% of the energy generated in Nicaragua corresponds to thermal sources, while the remaining 36% corresponds to renewable energy.

Emilio Rappaccioli, Minister of Energy and Mines, told Laprensa.com.ni: “Some of the thermal plants undergo maintenance periods or stop operating due to technical issues.

$33 million for Electricity Network in El Salvador

June 2009

The electrification project comprises 1,385 km of distribution lines for electricity in the country’s northern zone.

The contract will be executed with funds from the Millennium, and it will increase electricity coverage from 72% to 97%.

"The project will provide access to electricity service to more than 30 thousand households in 94 municipalities of the Departments of Morazán, La Unión, San Miguel, Chalatenango Santa Ana, Cabañas and Cuscatlán. The deadline for implementation of this project is three years from the signing of the contract, for which Fomilenio will contribute 85% ($28.1 million) and the AES Group will contribute 15% ($4.9 million)," published Elsalvador.com.

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