After Guatemala paid off its debt to Teco Energy, the $15.75 million embargo was lifted, resources that the country had allocated for interest payments from some Eurobond holders.
Arguing that from 2008 to 2013 the Guatemalan National Energy Commission set a maximum amount that electricity distribution companies could charge the user, Teco Energy, a company that was a shareholder of Empresa Electrica de Guatemala, sued the country internationally.
After receiving a ruling opposing the international arbitration disputed with Teco Energy, the New York State Supreme Court ordered the seizure of $15.75 million from Guatemala.
Teco Energy is a company that was a shareholder of Empresa Eléctrica de Guatemala and years ago claimed international arbitration, arguing that from 2008 to 2013 the National Energy Commission set a maximum amount that energy distribution companies could charge the user. This measure caused losses to the distributor.
Empresa Nacional de Energía Eléctrica de Honduras tenders for the supervision and management of projects to expand electrical substations and build new ones.
Due to changes in people's habits, energy consumption in commercial establishments, offices and industrial complexes has decreased, contrasting with the rise in demand in residential areas.
The quarantines and restrictions on mobility that Central America has experienced due to the covid-19 outbreak and the latent risk of contagion, has caused radical changes in the region's electricity market.
For the period from November 2020 to January 2021, Deocsa and Deorsa users will be charged an increase in the price of electricity of 1.5% and 1.6%, respectively.
In general terms, it is possible to indicate that for the following quarter the rates show minimal variations derived from the regular behavior of macroeconomic variables that have a direct incidence on the costs transferred to the rates, informed the National Commission of Electric Energy (CNEE).
The National Institute of Electrification of Guatemala tenders the construction of the 69 Kv transmission line that connects the Champerico electrical substation with the La Maquina substation, which has a length of 34 kilometers.
The Empresa Nacional de Energia Electrica de Honduras tenders the supply and installation of the structures in a 69 kv line section of the L-424 circuit, between the Danlí and Chichicaste substations, and a 34.5kv line section of the L358 circuit, located in San Nicolas Copan.
The National Institute of Electrification tenders the supply of equipment for insulation diagnosis, which will be used in the Central System of the Electric Energy Transport and Control Company.
From January to March 2020, Central American companies imported $22 million in electrical cables and wires, and purchases from China increased by 13% compared to the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
The Empresa Nacional de Energia Electrica de Honduras (Honduran National Electric Power Company) is putting out to tender at the international level a high-level individual consultancy service for the preparation of specialized terms of reference and budgets to strengthen the country's electricity transmission capacity.
Due to the drop in economic activity generated by the covid-19 crisis, a 7.9% reduction in domestic electricity consumption was reported in the region between March and June 2020, when compared to the levels of the same period in 2019.
Regarding the reduction of internal consumption of electricity in the countries from March to June 2020, we have that Guatemala had a drop in its demand of 239 GWh (Gigawatt hours), which corresponds to 6.6% compared to the consumption of electricity in 2019, in the case of El Salvador with a reduction of 335 GWh, equivalent to 15.4%, says a report from the Regional Operating Agency (EOR).
For the quarter from August to October 2020 EEGSA users will have a drop in their tariff of -1.75% compared to the price of the second quarter of the year.
According to the document issued by the National Commission of Electric Energy (CNEE), between the quarter of May to July this year and the quarter of August to October 2020, the non-social tariff of EEGSA went from 1.32 to 1.28 Q/kWh, which represents a 1.75% decrease.
After Congress banned electricity distribution companies from disconnecting their services, in Guatemala the payment of energy provided by generators is in danger and the authorities assure that they are not contemplating temporarily financing the costs.
In the context of the health and economic crisis generated by covid-19, the deputies of Congress approved and published Decree 15-2020, which prohibits cuts in water, electricity, cable TV, telephone and Internet services during the state of calamity and its possible extensions.
"The scope for the expansion of the substation consists of the supply, design engineering, installation, transfers, spare parts, factory and on-site testing, and commercial operation.
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