Energy Crisis Grows More and More Serious

The Chamber of Commerce, Industries and Agriculture in Panama is urging the private sector to adopt urgent energy saving measures in order to avoid programmed blackouts.

Wednesday, May 8, 2013

The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) has asked the private sector to implement, with the utmost urgency, actions to reduce electricity consumption in order to delay the possibility of rationing, as if savings are not made, blackouts could be scheduled promptly.

"Our guild is working in conjunction with the National Secretariat of Energy, the National Council of Private Enterprise (CoNEP) and the Union of Industrialists of Panama (SIP), to coordinate actions to avoid compulsory measures, which would be critical to the country's productivity," said Jose Luis Ford, president of the CCIAP.

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Panamanian Companies Do Not Have Power Generators

May 2013

Companies in Panama could be affected with the new arrangements for energy rationing as they do not have backup electricity systems.

According to the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP), these companies may have losses of $3.7 million per hour of programmed blackouts.

Concern About Possible Electricity Rationing

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Employers in Costa Rica are on alert because of the late entry into service of hydroelectric projects and the rising cost of electricity.

In the last six years, and in the absence of hydro plants, which are still under construction, the need to deal with the growing demand by using thermal generation of electricity, has made electrical service tariffs in Costa Rica grow at a higher rate than inflation .

Move to Update Energy Efficiency Law

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Costa Rican Industrialists have presented the government with an update list of equipment that is tax-exempt because it optimizes energy use.

Agustin Rodriguez, a member of the Institute for Business Excellence of the Chamber of Industries, said the aim is to improve the existing Act 7447, which regulates the rational use of energy by the public and private sectors.

Nicaragua faces new round of power blackouts

May 2008

Unión Fenosa, Nicaragua's leading electricity distributor, announced the reimposition of rationing. Fenosa blamed the energy crisis and the government's failure to deliver 60 megawatts generated by two recently acquired mobile plants.

In all, 600,000 Fenosa clients will be affected by blackouts of between three and seven hours.

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