Energy Emergency in Costa Rica

Costa Rican business associations are asking the government to declare an emergency in the power sector because of the sustained increase in the costs of fuel for generation.

Wednesday, March 20, 2013

According to an article on the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP), has asked the government to declare emergency over the power issue, noting that "... the price of electricity tariffs paid by Costa Rican entrepreneurs has doubled in the last five years. "... "the ICE spends more and more money on fuel for power generation." ... "The country has a decade of pushing power reforms without success."

In a meeting where they discussed the impact of the electrical reality on the country's competitiveness, the President-in-Office, Luis Liberman, said that "renewable energy projects that are underway now, should have been started 5 or 10 years ago. Liberman explained that unlike countries like the U.S., electricity rates in Costa Rica show an upward trend, a situation that threatens competitiveness. "

"... private generators asked for speeches to be left aside and for decisions to be made. Deputies present at the meeting showed that there are divisions in the Legislative Assembly, and a difficult road facing the Electrical Contingency Act."

More on this topic

Costa Rica: Green Light for Energy Tender

July 2013

A ruling by the Constitutional Court has enabled the Instituto Costarricense de Electricidad to buy 140 MW from private generators.

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (UCCAEP):

The Costa Rican Union of Chambers and Associations of Private Enterprises (UCCAEP) applauds the decision by judges at the Constitutional Court to reject outright the claim of unconstitutionality which sought to stop the tender for 140 MW which the Costa Rican Electricity Institute (ICE) carried out in order to buy from private generators.

Push for Geothermal Power Generation

September 2012

As a way of diversifying the energy matrix the Instituto Costarricense de Electricidad (ICE) is promoting projects for geothermal power generation.

In the country, 78% of energy is generated from sources which are affected by changes in weather conditions.

"Concern about these changes and how these changes could affect the production of electricity has motivated the decision this year to undertake two studies on the subject", reports

Tender in Costa Rica for 140 MW of Energy

June 2012

The Costa Rican Institute of Electricity is inviting water and wind energy generating companies to participate in a tender, although it is not yet clear how it will be priced.

The ICE has announced a tender for the purchase of 140 MW of energy produced from renewable sources, for which $350 million has been allocated.

Energy Law urgently need in Costa Rica

September 2008

The business sector is pressing for a law that allows for the concession of water to private firms to build hydroelectric dams to be approved.

The Costa Rican Union of Chambers and Association of Private Companies (UCCAEP) stated in a release that it is necessary for "private companies to be able to start meeting the energy needs of the country, thereby avoiding rationing and huge increases" in electricity rates.

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