In Costa Rica an announcement has been made of an expedited registration for self-generation of electricity and more complex procedures for the award of contracts to upload surplus energy to the distribution networks.
After the state power company ended a few days ago the pilot project for solar distributed generation , the Regulatory Authority for Public Services (Aresep) announced that the rules for connecting to the network and sale of surplus will be ready in the coming days. They are currently working on the details of the rates to be applied to "... The initial connection, the monthly access fee and selling the surplus (the price at which each kilowatt hour will be sold). "
The Ministry of Environment in Costa Rica is considering raising the ceiling on the amount of energy private generators are allowed to produce above the current 15%, but these companies are demanding the elimination of the ceiling and free competition.
Private power generation companies are opposed to pricing and limits that are imposed on the participation and sale of power in the country, and consider it a "discriminatory act".
An announcement has been made that the commission studying the country's energy mix will have a proposal ready in April 2015, but the rate will remain "stable" until at least the first quarter of 2016.
Although the government anticipates that by April 2015 they will have a proposal on the subject, the Minister of Environment and Energy, Edgar Gutierrez, said "...
Tax incentives need to be created in order for the private sector to become more involved in the stock market.
This is the opinion of some market participants, such as the Invercasa brokerage firm, who believe that the law governing the securities market is robust, but needs to be reformed in order to encourage private participation.
One of these reforms is the inclusion of innovative investment vehicles that would allow public works financing through the stock market, said Edgar Gutierrez, head of Invercasa.
In July the operations of the Stock Exchange reported growth of 28% compared to same month in 2010.
Estimates for the end of 2011 show a 24% increase, on the basis that between January and August transactions totaled more than $465 million.
Elnuevodiario.com.ni reported statements by Edgar Gutierrez, general manager of brokerage firm Invercasa, "The growth is partly due to excess liquidity in the economy, issues by the Central Bank of Nicaragua (BCN in Spanish), negotiations that have occurred in the secondary markets on Compensation Payment Bonds (BPI) and also more activity in repurchases. "
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