Electricity Interconnection Opens Market in Honduras

The link through SIEPAC allows Honduras to purchase cheaper energy from Guatemalan private power generators.

Tuesday, March 18, 2014

The opening of the penultimate stage of the Central American network opens up a new way for Honduras to obtain energy from outside of its domestic market at lower prices.

"The connection between Guatemala and Honduras "will increase transmission capacity in the regional energy market," said Rene Gonzalez, Executive Director of the Regional Operating Agency (EOR).

Gonzalez also stressed that the grid "... will allow the country to purchase energy from Guatemalan private generators, in the event that it does not renew contracts with local private generators."



More on this topic

Electricity Network: Investments Required

September 2019

About $200 million is estimated to be invested in improvements to the Central American network, both nationally and regionally, to avoid the recurrence of service interruptions that occurred days ago.

On September 16, a power failure in Honduras caused the interruption of the service of approximately 40% of the area that make up the Central American countries that are interconnected.

Official Start of Regional Electricity Market

June 2013

On June 1 the Regional Electricity Market Rules and the Supplementary Detailed Procedure Electrical Interconnection System for Central America became effective.

"It's a big step forward for electrical integration. These are rules designed to operate the SIEPAC line and power transmission capacity between countries with greater intensity," said the executive director of the Regional Operating Agency (EOR), Rene Gonzalez.

Regional Electricity Market Regulations

August 2010

New investment opportunities open up with the coming into force in November of the regional regulations for the sale and purchase of electrical power.

EOR's executive director, René González, indicated during the third Regional Electricity Market Convention in San Salvador that, "we are now moving from the transitional phase into the main stage in the project, from a regulatory point of view, which will enable greater integration," according to an article published on 7dias.com.do.

El Salvador to Host Electriciy Market Convention

July 2010

The third "Regional Electricity Market Convention", held on 29 and 30 July, will focus on the market's current status and its outlook.

The event is organised by Ente Operador Regional (EOR) and seeks to raise awareness of the regional electricity market's current status and prospects for development.

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