Panama is Growing and Demanding More Energy

The confirmation of expectations for economic growth in the coming years has highlighted the urgent need to take steps to meet the demand for energy which could grow by 6%.

Wednesday, August 17, 2011

While current installed capacity for electricity generation (1,418 MW) is above the peak usage recorded (1286) MW), the Electric Transmission Company, S.A. (ETESA) needs to consider and plan the necessary actions that need to be taken in order for the system to increase the energy supply so as to meet demand in the coming years.

On that basis ETESA has formulated the National Interconnected System’s Expansion Plan 2011 - 2025 which was put to public consultation from July 14 to August 16, 2011.

The Executive Summary of the Plan, states that "projections for demand indicate that the National Interconnected System’s energy consumption could experience growth rates of between 5.7 to 6.0% as an annual average for the entire period analyzed, while the maximum power of the system could grow between 5.6 to 5.8%, these figures represent the most pessimistic socio-economic situation, and the most optimist power growth rates.

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