Since last October 15th, the electricity rates have reported an increase of 8% with respect to the prices of the previous quarter.
The General Superintendence of Electricity and Telecommunications (Siget) informed that among the variables that have influenced the energy price this quarter are a substantial decrease in rainfall last July and the first weeks of August, which affected the reservoir filling of hydroelectric plants, limiting generation based on this type of resource.
Lack of legal certainty, electricity theft and social conflicts are forcing businessmen in Guatemala's energy sector to choose to relocate their investments to El Salvador.
Last year, the companies Applied Energy Services (AES) and Corporación Multi Inversiones (CMI), both US and Guatemalan capital, decided to invest $47 million in solar energy projects, encouraged by the facilities offered to the energy sector in El Salvador.
Due to a group of demonstrators who have taken over the Chixoy hydroelectric facility, there is a risk that in Guatemala electricity service rates will increase by up to 10%.
Since September 25th, a group of people claiming the payment of a complementary compensation has taken over the hydroelectric plant Chixoy, one of the most important in the country, and threatens to set it on fire.
Due to social conflicts and various legal processes, 16 hydroelectric projects have been halted in Guatemala, which together amount to an investment of close to $1.5 billion.
The Association of Generators of Renewable Energy (Ager) reported that power generation projects have been suspended because of conflicts with communities in the zones, consultation processes with indigenous peoples, and orders issued by the Constitutional Court, many of which which have been in response to claims raised by environmental organizations.These projects, for which no light can yet be seen at the end of the tunnel, represent an installed capacity of 460 MW.
In the last ten years the use of renewable energy has doubled in the country, and currently sources of generation of this type represent between 65% and 70% of national consumption.
According to the authorities at the National Electricity Commission (CNEE), the stability that has been achieved in electricity rates and the lower dependence on oil derivatives, is due to the fact that the country is consuming more energy generated through renewable sources.
In Panama, Ingenio Alanje plans to invest $50 million in a sugarcane bagasse-based generation plant, with an installed capacity of 34 MW.
The sugar mill that processes 520,000 tons of cane per year is located in the village of El Tejar, district of Alanje, province of Chiriquí, and is planning to construct a biomass-based power plant, which is expected to be operational by the next harvest, in the summer of 2019.
The electricpower generation plant based on liquefied natural gas has started operating in Colón, Panama, with an installed capacity of 381 MW.
The plant, whose construction beganin May 2016, has three generators, three gas turbines and one steam turbine, giving it a total installed capacity of 381 MW.
In El Salvador, Energía del Pacifico has announced that it has met the requirements to obtain financing, and that it will start construction of the plant in the third quarter of the year.
During the first four months of the year, 64% of electricity was generated from hydraulic sources, 21% from thermal, 10% from wind, 2% from solar and 2% was from self-generation.
According to the most recent figures from the Comptroller General of Panama, in April 2018, 908 million kwh were generated, equivalent to an increase of 3.3% compared to the 879 million supplied in the same month in 2017.
The new Minister of Environment and Energy in Costa Rica is opposed to the Diquís project, which the state electricity company has been promoting for ten years, and which consists of building a hydroelectric generation plant in Puntarenas.
While the new leaders of the Costa Rican Institute of Electricity (ICE) announced their intention to refloat the project, which due to unconstitutionality appeals filed against it has remained on paper for years, the Ministry of Environment and Energy has declared its opposition, stating that "... there are no studies or other assessments on the social and economic impact that justify the declaration of national convenience given to the project a decade ago."
Of the 2.4 million megawatt hours generated in the first quarter of the year in Honduras, 36% came from water sources.
According to figures from the National Electric Power Company (Enee), in the first quarter of 2018 thermal plants supplied the system with 581 thousand megawatt hours, which is equivalent to 25% of the total.
Last year, 87 environmental impact studies were submitted in the countries in the region, for the construction of power generation plants and works on electricity networks.
Panama is the country in the region where the largest investment is concentrated, with an approximate $1.29 billion in energyprojects, corresponding to 32 environmental impact studies submitted to the Ministry of the Environment between January and December 2017.
The plant that AES El Salvador has inaugurated in La Union, required a $160 million investment, and has 44 thousand polycrystalline-type photovoltaic modules, in an area of 149 sqm.
Pasaquina is the first of ten solar power generation plants that AES El Salvador and Corporación Multi Inversiones plan to build in the three phases of the project. It is expected that the plants will start operations gradually over the next two years.
MIREC WEEK is an international congress on Renewable Energies, one of the most important in the sector, and will be held from May 21 to 24, 2018 in the World Trade Center, Mexico City.
MIREC WEEK is an International Congress on Renewable Energies, one of the most important in the sector, which brings together numerous companies, and will take place from May 21 to 24, 2018 at the facilities of the World Trade Center, Mexico City.
Instituto Nacional de Electrificación de Guatemala is putting out to tenderconstruction of works and a supply of specialized equipment for different hydroelectric plants.
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