From January to May of this year, Guatemala exported $7 million worth of electricity to Mexico, well above the one million dollars reported during the whole of 2017.
According to data from Banco de Guatemala, during the first five months of the year the country exported $51 million worth of electricity, of which 14% was bound for Mexico.
It has been estimated that $200 million need to be invested in Central American countries to strengthen the transmission capacity of the regional electricity market.
A study prepared at the request of the Wholesale Market Manager of Guatemala (AMM) details that for the regional market to operate in a comprehensive way, countries must invest more in order to improve transmission capacity.According to Edgar Navarro, president of the AMM, this investment should be concentrated in Nicaragua, Honduras, El Salvador and Costa Rica.
The first section of the network between Veladero, Panama, and Rio Claro, Costa Rica has been completed.
The interconnection system will be implemented gradually, according to Edgar Navarro, secretary of the Regional Electric Interconnection (CRIE).
"The first phase is linking Panama to Costa Rica and Nicaragua with Costa Rica, then comes interconnection between Honduras and El Salvador and then Honduras and Nicaragua in early 2011.
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