Empresa de Transmisión Eléctrica, S.A. will be holding an auction for several plots of land in the provinces of Chiriqui, Cocle, Herrera, Veraguas and De Los Santos.
Panama Government Purchase 2014-2-78-0-99-SB-004550:
Details of the farms to be auctioned:
CHIRIQUI PROVINCE, FINCA 6189, LOCATION: 2ND STREET. NORTH BOQUETE.
CHIRIQUI PROVINCE, FINCA 33477, LOCATION: CARRETERA A GUALACA FORTUNA.
Electricity rates could be lower if restrictions in the distribution system were removed.
Eduardo de la Guardia, a member of the Committee stated that "... the spot market is being affected mainly by the lack of a third transmission line, which is causing cost overruns which must be borne by Etesa because it is responsible for failing to carry out investments on time. In his view, the overrun should not be borne by customers and businesses."
On February 26 the contractor Odebrecht will start construction and will have a timeframe of 920 days to complete the work.
Starting February 26, the construction company Norberto Odebrecht will have 920 days to carry out the works for the third power transmission line. Empresa de Transmisión Eléctrica S.A. gave the order to proceed on Wednesday.
"The project includes the construction of line extensions and yards at 230 KV in the substations in Veladero, Llano Sanchez, Chorrera and Panama."
An announcement has been made for a plant in Cerro Patacón landfill to generate electricity using the methane gas emanating from the garbage.
The company Urbalia SA announced the construction of a plant to produce energy from the 2,200 tons of garbage entering the landfill at Cerro Patacón every day. The plant would have the capacity to generate 10 megawatts of electricity.
The Public Act for Initial Allocation of Long Term Reserve Auxiliary Services scheduled for December 10 has been postponed to February 28, 2014.
From information published by the National Authority of Public Services:
"By which the date of the Initial Allocation of Long Term Reserve Auxiliary Services corresponding to 2014, conducted by the National Dispatch Center (CND by its initials in Spanish) is extended."
The Electricity Transmission Company is putting out to tender short-term power supply exclusively from units and / or plants using thermal generation.
Details of the tender by Empresa de Transmisión Eléctrica (ETESA):
Procurement of Short Term Power Supply Exclusively from Units and / or plants using thermal generation additional to the existing plants in the Electricity Market located in Panama zones 7 and / or 9 as described in the Transmission Regulation.
The industrial sector in Panama is saying that during last summer's crisis they were only paid for the energy generated without receiving recognition for the installed power.
They have asked the National Authority of Public Services (ASEP) to recognize the 300 megawatts of electrical power that they have installed in their plants.
According to Ivan Barria, director of the energy commission of the Chamber of Commerce and Industry of Panama," Empresa de Transmisión Eléctrica S.A. (Etesa) allocated $14.4 million to ensure the supply of 80 megawatts of power for the next few months and that they would pay Aggreko at the rate of $30 per kilowatt month, when the average cost is between $10 and $12", reported Prensa.com.
EGESA has canceled the tender to hire power generation equipment for 80 MW which was duplicated in a similar contest organized by ETESA.
A few days ago the tender by Egesa caused confusion among market participants who believed that it overlapped with another tender launched by Empresa de Transmisión Eléctrica S.A. (Etesa) to recruit new plants for the same amount of energy.
The private sector has proposed that free competition in the generation market be maintained and it not be regulated and that there be a permanent plan to promote energy savings.
From a press release issued by the Presidency of Panama:
The Energy Agency Committee, comprising of representatives from the private sector, handed over to the Presidency Minister, Roberto Henriquez, a proposal to make the energy market in Panama more dynamic and economical.
Panama launched a tender for 80 MW of backup power generation for the dry season, plus another for new plants for the same amount and same period.
Empresa de Transmisión Eléctrica S.A. (Egesa) is the entity which launched the tender for equipment rental and Electricity Transmission Company SA (Etesa) launched the tender for contracts for new plants.
With a price of $234 million, the company Norberto Odebrecht has been awarded the design and construction of a third power transmission line.
The resolution for the award by the Empresa de Transmisión Eléctrica (Etesa) includes the acceptance of the proposed plan for long-term financing by the Brazilian construction company Norberto Odebrecht, however, it does not detail what the conditions are.
Twenty companies submitted bids in the tender for the purchase of energy for electricity distribution companies between 2014 and 2016.
Empresa de Transmisión Eléctrica S.A. (Etesa) will purchase the energy required by the companies Elektra Noreste SA companies, Metro-Oeste SA and Eléctrica Chiriquí SA to meet energy requirements from 1 January 2014 to 31 December 2016.
Among the plans to deal with the growing demand for electricity is building a fourth distribution line.
This would allow to maximize the capacity of energy flow and the transmission lines for Colon and Darien. There is also renewed interest in the proposed interconnection with Colombia, focusing on aspects such as lower costs, greater optimization and good roads.
With a price tag of $234 million, Odebrecht obtained the highest score in the tender for the design and construction of a third power transmission line.
From a press release by the Empresa de Transmisión Eléctrica S.A (ETESA):
Empresa de Transmisión Eléctrica S.A. (ETESA) this morning presented the results of the total scores for the technical and economic evaluations of bids submitted by Consorcio Interconexión Panamá and Constructora Norberto Odebrecht for the design, supply, construction and financing of a third transmission line Veladero - Llano Sanchez - La Chorrera - Panama, in 230kV and adaptation to the associated substations. Meeting the deadlines set out in the Public Procurement Act 22, the company with the highest score in the bid was Constructora Norberto Obredecht.
New hydropower stations have increased installed capacity within Panama to 1,200 MW, but the two existing transmission lines can carry only 600 MW.
Although there is a bidding process to build a third transmission line, it is making slow progress, and the date of opening of financial proposals is still not known.
In addition, the evaluation committee at Empresa de Transmisión Eléctrica, S.A.