Open Market for Renewable Energy for Costa Rica

The business sector is proposing removing the limits on the participation of the private sector in renewable energy and eliminating the price "floor" in auctions of new projects.

Wednesday, September 3, 2014

From a statement issued by the Union of Chambers and Associations of the private business sector (Uccaep):

• Sector will participate in roundtable discussions on electricity convened by the Ministry of Environment and Energy.

UCCAEP has submitted proposals for lowering electricity rates for consumers

• UCCAEP hopes that this time the authorities will discuss energy issues with the consumer as the central axis, both households and businesses.

The Costa Rican Union of Chambers and Associations of Private Enterprises (UCCAEP), announced its participation in the Dialogues on Electricity convened by the Ministry of Environment and Energy (MINAE), to which it will take proposals for reducing the high electricity rates currently paid by all Costa Ricans.
UCCAEP argues that the country requires an approach to be taken which places users at the center, rather than a particular technology, ideology or institution.



More on this topic

Costa Rica: 18% Increase in Electricity Tariff

November 2015

The union of private companies will be launching an appeal against the approval of the 18.6% increase in electricity rates by the National Power and Light Company (CNFL by its initials in Spanish).

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

Costa Rica Does Not Want Private Power Companies

December 2014

Keeping limits on private power generation blocks investments and removes the possibility of reducing prices and improving competitiveness.

According to the Costa Rican government authorities, the country's electricity demand is covered until 2019, an argument which has been used to rule out the draft Contingency Power Act, which proposed increasing private power generation in the country.

NO to Limits on Private Power Generation

October 2014

The Ministry of Environment in Costa Rica is considering raising the ceiling on the amount of energy private generators are allowed to produce above the current 15%, but these companies are demanding the elimination of the ceiling and free competition.

Private power generation companies are opposed to pricing and limits that are imposed on the participation and sale of power in the country, and consider it a "discriminatory act".

Management by Costa Rica State Power Company Challenged

January 2013

Business associations say the country needs a comprehensive law that allows greater participation and competitiveness of private generators.

The Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) predicts sharp increases in electricity rates, and points to inefficiency in the management of the Instituto Costarricense de Electricidad (ICE), as the monopoly responsible for satisfying the country's demand for electricity.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Feb 21)
Brent Crude Oil
57.820
Coffee "C"
110.35
Gold
1,642
Silver
18.455