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Costa Rica aims for more clean and cheap power

Tuesday, December 11, 2012

Costa Rica's state-owned power utility, the ICE, has chosen 11 projects of clean private industry to buy 140 megawatts of generation power.

Among them are five projects of wind energy totaling 100 megawatts nearly three times cheaper than ICE itself can generate it. The other six are hydroelectric to produce 40 megawatts.

In the bidding, the cheapest source was a wind energy project selling electricity to ICE at a little over eight tenths of a US cent per megawatt- our. This price is far below the 22 cents the ICE must pay its National Power and Light Company subsidiary for a similar wind generation park that will go on line this month.

Source: Costa Rica Star