Guatemala Prepares Geothermal Tender

The Ministry of Energy and Mines is planning a tender for geothermal power generation to complement the renewable energy tenders that have already been announced.

Tuesday, August 12, 2014

Minister Erick Archila told S21.com.gt that "... we are at the stage of planning and development ... 'For the first time we have projects using other technologies such as solar and wind, which could start in early 2015; this fourth tender will be a complement.'"

Carmen Urízar, president of the National Energy Commission (CNEE) noted that "... they see the potential, together with the authorities of the MEM, of incorporating geothermal projects in the country. However, they are still waiting for the results of the upcoming auction. 'The good news is that there is enough supply. There are about 1,100 MW available which would provide about 750 MW of power and the rest in energy.'"

More on this topic

Geothermal Energy in Guatemala

December 2012

Along with the two geothermal power plants that already produce about 30 MW, another will be added that will generate up to 25 MW, and the sale of whose energy for the next 15 years has already been negotiated.

The "El Ceibillo" geothermal project, owned by U.S. Geothermal Guatemala SA, will be built on a area of six hectares in the town of Amatitlan, with an investment of $120 million.

Geothermal Energy in Nicaragua

March 2012

The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.

Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.

Geothermal Projects Promoted

August 2011

Guatemala has the potential to generate 1,000 megawatts, of which it currently only uses 3.6%.

The Association of Renewable Energy Generators (Ager) is promoting investment in projects for geothermal power generation. In a presentation at the Guatemala Chamber of Commerce and Industry it asked the authorities to encourage tenders for this sector.

Untapped Geothermal Potential

January 2011

Costa Rica spent in 2010 $ 164 million in oil to generate electricity, while it wastes 1,000 MW of geothermal potential.

According to current legal framework and planning, the Instituto Costarricense de Electricidad expects to generate 4,018 megawatts by the year 2016, of which only 35 MW will come from geothermal sources; it represents only 2% of the total.

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