The Costa Rica News (TCRN) – The service and electricity coverage in Costa Rica is ranked as the second best Latin America according to leading regional levels.
This is detailed in the Latin American infrastructure ranking conducted by the American Federation of Construction Industry (ISEF), an organization that houses the industry chambers of Mexico, Central America and South America.
This study analyzes the coverage and quality of electricity service in Latin America, in addition to future projections in the medium term.
According to the publication, regional electricity for Costa Rica is ranked number 44 worldwide.
Below Costa Rica is Panama(49), Guatemala (53), El Salvador (80), Nicaragua (97) and Honduras (110).
Compared to all Latin American countries Costa Rica is second to Uruguay which is ranked 43 globally, with the Uruguayan service leader.
The country has a high hydroelectric potential in most of its generation corresponds to this source.
The total installed capacity is 2,723.2 MW of which 612.6 MW (22.5%) are of thermal origin, 2,110.6 MW are other non-fossil sources (77.5%): 62% hydroelectric, 4%; geothermal 8.0%; wind 5.4%; biogas 1.5%; and solar 0.2%.
The growth in electricity prices in the country raised concerns in the productive sector, as confirmed Juan Ramon Rivera, president of the Chamber of Industry.
This environment is driving a legislative subcommittee to analyze the reform laws 7.200 and 8.345 and encourage greater private participation.
“What you seek with these reforms is to increase private participation in electricity generation by 15%, as is the case at present – 30%, with the participation of cooperatives and municipal utilities,” said Natalia Diaz, libertarian lawmaker and member of the subcommittee.
The lawmaker explained that these projects aim to strengthen the current model, where the Instituto Costarricense de Electricidad can be the one who decides who buys electricity.
“What we want is to give a comprehensive solution to the issue of tariff worries. This concern is more for the price, in terms of quality have no doubt,” Diaz said.
The report of the two draft reform law starts next week and is expected to be ready within a period not exceeding one month.
The Costa Rica News (TCRN)
San Jose, Costa Rica