Electricity Market: Figures in Panama

Because of the behavior of the energy supply from renewable sources, between 2017 and 2018 electricity generation increased by 2%.

Tuesday, February 5, 2019

The latest report of the General Comptroller of Panama, details that in 2018 were generated 10,783 million kwh, which is equivalent to a 1.8% increase over the 10,597 million offered in 2017.

See "Central America: $1.6 billion in Energy Projects"

Figures show that last year in the country 8,415 million kWh of electricity generated from renewable sources were offered, including hydropower, wind and solar, a figure that is 9.2% higher than the 7,709 million kWh reported in 2017.

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In contrast to the general upward trend, for the years concerned the generation of electricity from thermal sources decreased 18%, from 2,739 million kwh to 2,236 million kwh.

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Electricity: Thermal Generation Doubled in 2019

February 2020

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.

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.

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.