Nicaragua: Blue Power Awaits Tariff Approval

The company is waiting for the Nicaraguan energy institute to approve the prices it presented, which are higher than the market average.

Wednesday, August 11, 2010

The sale-purchase contract signed by Blue Power with natural gas distributors and Unión Fenosa fixes the price of each megawatt at $104.50 with an annual increase of 3% over the next 15 years.

"Carlos Cuadra, Vicepresident of Blue Power & Energy, acknowledged that the offer was above the market average but explained that the difference is due to the interest rates agreed for the project's financing, as well as the technology being used," reports Elnuevodiario.com.ni.

More on this topic

New Concessions and Energy Rates

June 2012

The Public Services Regulatory Authority of Costa Rica has approved seven new concessions for electric power generation.

A statement from the Public Services Regulatory Authority (ARESEP) reads:

Seven new electric generators in first half of year

• ARESEP authorizes concessions and sets rates

Nicaragua: Clean Energy Maintains Stable Electricity Rates

November 2011

The production of wind energy and hydropower have kept the average cost of energy generation under $170.

Energy production does not seem to have been impacted by increasing oil prices.

"According to the National Charge Dispatch (CNDC in Spanish), starting this month there will be an increase in wind energy production, directly benefitting the national electricity market, as it averages a cost of just $167 per megawatt produced.

Panama: 565MW in Wind Generation

March 2011

To date regulators have issued five final permits for wind generation totaling 565MW.

Licences were issued to Fersa for projects Toabre (225MW) and Anton (105MW) and to Unión Eólica Panameña for projects Nuevo Chagres (169MW), Marañón (18MW) and Portobelo (48MW).

Panamanian Public Services Regulator, ASEP, "is evaluating 14 other wind projects which will would generate a total of 1.48GW," reported Bnamericas.com.

Honduras wind-power project held up by wrangling over price

May 2008

Mesoamérica Energy's plans to install 100 megawatts of wind power in Honduras is being held up by wrangling with the government over the terms of its contract.

"The government is holding out for a kilowatt/hour tariff that represents a marginal cost of 10 percent, but that's not realistic," said Jay Gallegos, executive director of Mesoamérica Energy.

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