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.
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.
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.
"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.
Between January and November, electricityconsumption reached 9,794 GWh, a 3% increase over the same period in 2018.
The report of the Wholesale Market Manager (AMM) indicates that 428 GWh were exported to Mexico and 1,521 GWh to the regional market (Mer). Sales to both destinations, in relation to last year, suffered 25.2% and 8.1% drop, respectively.
From 1 November, EEGSA users will have a 0.4% increase in their tariff compared to the price for the third quarter of the year, and for DEOCSA and DEORSA users the increase will be 2.2% and 2%, respectively.
The tariff adjustment approved by the National Electric Energy Commission (CNEE), will be paid by users from November 1, 2019 to January 31, 2020, requires an official report.
A substation with a transformation capacity of 69 Kv to 13.8 Kv and 69 Kv power lines is planned to be built in Nueva Santa Rosa, Guatemala.
Transportista Eléctrica Centroamericana, S.A. presented to the Ministry of Environment and Natural Resources the Environmental Impact Study (EIA) to develop the project called, "New Santa Rosa Substation of 14 MVA of Transformation Capacity from 69 Kv to 13.8 Kv and its 69 Kv power lines."
In Guatemala, the Central American Electric Carrier announced that the works it carries out in sections of the electrical network in Escuintla, Jutiapa, Chiquimula and Santa Rosa, whose global investment reaches $40 million, are about to operate.
Representatives of the company Transportista Eléctrica Centroamericana, S.A. (Trelec), affiliated to Empresa Eléctrica de Guatemala, S.A. (EEGSA), explained that the works that are part of the National Transmission Expansion Plan, such as those executed in the section that goes from Guanagazapa, Escuintla, to Pasaco, Jutiapa, have already been concluded and are in the phase of obtaining permits for connection and start operating.