Lack of Regulation Prevents Power Purchase (3)

Paying lip service: For the third consecutive year the news is the same, there are still no definitions of the regulations for the Electrical Interconnection System for Central American Countries.

Tuesday, April 1, 2014

The electricity purchase that AES El Salvador has agreed with Hydro-Xacbal of Guatemala remains elusive.

On Monday January 16, 2012 we published on CentralAmericaData.com:COM:
"On Jan 1st. Hydroelectric Xacbal, of the Terra Group, should have started selling 30MW to the distributor CAESS, under a contract signed by both companies in 2008."

Now an article in Eleconomista.net reports that "The regional authorities are analyzing the regulations which would give the green light to the Guatemalan company Hidro Xacbal, to sell energy to El Salvador. The supply contract was signed in 2008 - between the generator and Salvadoran distribution company, but has not yet been enacted."

"... The contract provides for the Guatemalan Xacbal Hydro station to sell 30 megawatts to CAESS, a member of the AES group. The power supply would be for 15 years, starting from 2012. The price set for the purchase was $116.5 per megawatt hour. "



More on this topic

Mexican Connection to the Regional Electricity Market

September 2016

Negotiations have started to evaluate alternatives for integrating the Mexican electricity market into Siepac.

Salvador Lopez, temporary president of the Electric Interconnection System for Central American Countries (SIEPAC) told Prensalibre.com that in the meeting they will start to assess the legal mechanisms that could be used to realize the integration.

Progress in Regional Energy Market

January 2016

A new regulation will allow for regional energy transactions to be made by auction in annual installments.

Operators subscribed to the Electrical Interconnection System for Central American Countries (SIEPAC) will have a policy to regulate contracts and firm energy rights for term contracts of up to one year, through means of the Regional Electricity Integration Comission (CRIE ).

Lack of Regulation Prevents Energy Delivery (2)

February 2013

A year ago the news was the same: the rules for the Electric Interconnection System for Central America have not yet been defined.

This is preventing the confirmation of a power purchasing deal between AES El Salvador and Hydro-Xacbal of Guatemala.

On Monday January 16, 2012 we published in CentralAmericaData.com:

Lack of Regulation Prevents Power Purchase

January 2012

The non-enactment of the Regional Electricity Market Regulations (RMER) is preventing the Guatemalan hydroelectric station Xacbal from selling 30MW to a distributor in El Salvador.

On 1st January the Hydroelectric station Xacbal, part of the Terra Group, should have initiated the sale of 30MW to Salvadoran distributor CAESS, according to a contract signed by both companies in 2008.

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