Electricity: Thermal Generation Doubled in 2019

Between 2018 and 2019 the energy generated by thermal sources in Panama grew 110%, a rise that contrasts with the 23% drop reported between 2017-2018.

Wednesday, February 12, 2020

The most recent data from the General Comptroller of Panama, in 2019 11,135 million kwh were generated, which is equivalent to a 3.3% increase over the 10,783 million offered in 2018.

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The figures show that last year the country offered 5,866 million kWh of electricity generated from renewable sources, which includes hydro, wind and solar, a figure 30% lower than the 8,415 million kWh reported in 2018.

For the years in question, electricity generation from thermal sources doubled from 2,111 million kWh to 4,486 million kWh.

See full figures (in Spanish).

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Electricity: Thermal Generation Doubles

December 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.

Electricity: Thermal Sources Boost Generation

July 2019

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.

Panama: Electricity Supply Increases 3%

December 2018

During the first ten months of the year, 72% of the electricity was generated with hydraulic sources, 20% thermal, 5% wind, 2% solar and 1% self-generation.

According to the most recent figures of the General Comptroller's Office of Panama, 917 million kWh were generated in October 2018, which is equivalent to a decrease of 2.3% with respect to the 939 million offered in the same month of 2017.

New Deadline for $900 Million Project

October 2018

The deadline for the Panama NG Power to submit a clarification of financial information for the construction of the 670 MW natural gas plant was extended to December 26th.

After a judicial ruling was issued in December 2017 allowing Panama NG Power 150 days to prove that it has the economic capacity to develop the project, the process suffered several setbacks, because according to the company's interpretation, the deadline began on March 8, 2018, but the National Public Services Authority (Asep) stated it was expired at the beginning of June of this year.

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