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Region: renewable energy

Monday, November 7, 2011

Output from renewable sources currently accounts for 65% of the total, according to a report from the Economic Commission for Latin America and the Caribbean, published last month.

The level of power generation from hydro, geothermal, biomass and wind sources is a record for the region.

Of total renewable energy produced, hydro represents 21 terawatts (TW), more than half of total output.

The six countries of the region had total electrical production in 2010 of 41 TW.

Electricity production in the region grew last year, partly due to investments in new plants, with output of 1.1 TW, including Colombia’s Empresas Públicas de Medellín (EPM), which acquired important power companies in El Salvador, Panama and Guatemala, for a total of $800 million.

Currently, 87% of the regional electricity market demand is supplied by five companies: Spain’s Gas Natural, with 22% of the market; EPM (21%); CNFL/ICE in Costa Rica (19%); ENEE in Honduras (15%); and U.S.-based AES (10%).


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