Energy: Regional Transactions up 14%

During 2019, electricity purchase and sale transactions between Central American countries amounted to 3,074 GWh, a 14% increase compared to 2018.

Monday, February 17, 2020

Figures from the Regional Operating Entity (EOR) show that the average price recorded in regional transactions during 2018 and 2019 also increased, going from $74.05 per MWh to $90.11 per MWh.

You may be interested in "$1.2 Billion in Energy Investments"
 
Data on energy transactions show that last year El Salvador had 63% of total withdrawals, followed by Nicaragua with 14%, Costa Rica with 11%, Honduras with 8%, Panama with 3% and Guatemala with 0.3%.

Laprensagrafica.com reviews that "...  Among the agents that are positioned in the Top 10 in the injections or exports can be highlighted the case of Jaguar Energy, Guatemala, (with 487.3 GWh) and the Costa Rican Institute of Electricity, Costa Rica (322.5 GWh), which maintains its ranking among the largest exporters of electricity."

The article adds that "... Regarding the agents in the first places of those that withdraw or import more in the MER, again Energía del Istmo of El Salvador (359 GWh) and the Costa Rican Institute of Electricity (339.8 GWh), maintain their position; and in 2019 the agent Enel Bluefields increased considerably its withdrawals compared to 2018."

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More on this topic

Guatemala Strengthens as an Energy Provider

January 2019

From January to November last year, the country exported $165 million in electricity to Mexico and Central America, 73% more than in the same period in 2017.

The Report of the Monetary, Exchange and Credit Policy of the Banco de Guatemala, details that the energy exportations are mainly caused by the investments made in the electricity transmission network of the country, which has allowed satisfying the increase of the demand coming from El Salvador and Honduras.

Electricity Exports Up 53%

June 2018

Explained by exports to El Salvador and Honduras, between January and March Guatemala's electricity sales totaled $31 million, 54% more than was reported in the same period in 2017.

According to figures from Banco de Guatemala, between the first quarter of 2017 and the same period in 2018, the value of electricity sales increased from $20 million to $31 million. In relation to the behavior of sales, records belonging to the Regional Operator confirm that since 2014 the country began its consolidation as a leader in the sale of electricity in Central America.

Guatemala Doubles Energy Exports

August 2013

This year, the country went from exporting 14GW per hour between January and May to 35GW per hour in June and July, with the entry into force of the regulation on regional integration.

According to Jorge Alvarez, market manager of the Wholesale Market Administration (AMM by its initials in Spanish), in July 50 GWh were sold, and in the first 20 days of August 22 GWh have been exported.

Guatemala Increases Electricity Exports

March 2012

Going from 65 GWh exported in 2008, to 182 GWh sold to neighboring countries in 2011, Guatemala has consolidated its power supply, keeping prices stable in the domestic market.

Guatemala has maintained its position as an electricity exporter in recent years, and managed to gradually increase it, reports Siglo21.com.gt.

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