From the preamble of the draft law which has already been approved:

"... The current initiative also includes provision to establish that energy distributors nationwide sell to the ENACAL the energy that is required, at the lowest price of the generators. The Nicaraguan Energy Institute (INE) will ensure the above provision of law, based on the regulations approved for that purpose by the MEM.

It also provides that the Ministry of Energy and Mines will approve and publish the Reference Price Band for new contracts for renewable generation. If because of the effects of lower fuel prices for generation, the price of thermal generation is less than the price of renewable generation, new contracts to be signed with renewable generators must be adjusted, so that the price contracted with the generator will be valid provided it is below that of thermal generation.

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More on this topic

Nicaragua: Price of Renewable Energy

September 2015

Considering the decline in oil prices a draft law states that prices on contracts for renewable energy generation must be lower than the price of thermal energy.

The proposed amendment to the Energy Stability Law aims to ensure that the price contracted with renewable generators is always less than the price of thermal power generation.

Costa Rica: Promotion of Electricity Contingency Act

August 2013

President Chinchilla has called on Congress to deal with the project for a law deemed essential by the industrial sector.

From a press release by the Chamber of Industries of Costa Rica (ICRC):

The Chamber of Industries of Costa Rica, welcomes the decision by the Government of the Republic, to convene the Electricity Contingency Act.

Costa Rica: Urgent Need for Renewed Electricity Market Rules

May 2013

Both the Costa Rican Union of Chambers and the Presidency have said that Congress should fasttrack the approval of the Electricity Contingency Act.

According to the Minister of the Presidency, Carlos Ricardo Benavides, this project is a priority of the Government and it is hoped that it will be adopted before the end of the year, despite its opposition by various sectors.

New Regulation for Renewable Energy Generators

May 2012

The National Energy Board of El Salvador has approved a Regulatory Framework for the Promotion of Renewable Energies.

From a press release from the Salvadoran Association of Industrialists (ASI):

In order to continue promoting power generation using renewable energy sources, the National Energy Council (CNE in Spanish) has revealed the adoption of a Regulatory Framework for the Promotion of Renewable Energy which will generate the policies and regulatory and financial measures needed to attract investment in these technologies.