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Central America at mercy of international oil market

Monday, August 13, 2012

Central America is ever more exposed to the vagaries of the world oil market according to a study in the Journal of Energy Security.

In 1990, 66 percent of the region's energy came from hydroelectricity, 30 percent thermoelectric and 4 percent renewables. Now thermoelectric plants have grown to 40 percent.

The thermoelectric plants need oil. Natural gas is not used anywhere in Central America, say the study's authors.

Full story (in Spanish)