Panama Authorizes Self-Sufficiency in Electricity

In order to alleviate the energy shortage, the government has authorized companies in the commercial sector to use power plants generation .

Wednesday, March 26, 2014

Companies whose energy demand is high and who they have power plants can use them to support themselves until there is a resolution to the power supply problem affecting the country ever since supplies of 96 MW of thermoelectric power from PanAm Generating stopped.

"Daniel Mina, head of the Department of Business and Technical Standards at the Authority of Public Services (ASEP), said the move will help lower energy demand, especially in the commercial sector, which accounts for 46% of consumption."

Additionally, fines will be imposed on companies in the commercial sector who do not comply with the saving provisions established by the government. "The owners of these premises have been sent warnings and if they are caught a second time penalties will be applied ranging from $50 to $5000."

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