Officials credit the opening of the new 36 MW plant at San Jacinto Tizate, a project managed by the company Polaris Energy Nicaragua, with making the difference.
Nicaragua has reached a milestone in its adoption of renewable energy, having 48 percent of its demand for power met by renewable sources, the government has announced.
According to data provided by the Nicaragua Ministry of Energy and the National Center for Cargo Dispatch, the nation is now producing 219.8 MW of power from wind farms, hydroelectric, biomass and geothermal stations.
Two years ago, the country met about 30 percent of its power demand with energy from renewable sources. Officials credit the opening of the new 36 MW plant at San Jacinto Tizate, a project managed by the company Polaris Energy Nicaragua, with making the difference.
The National Cargo Dispatch, CNDC, recorded a maximum demand of 525 MW of which almost 220 MW were produced by renewable generation plants. The country's peak demand reaches 540 MW on average.
Although the average price of bunker fuel used in thermal generation plants averaged $103 per barrel and the average cost this energy source reached $240 per MW last week, the average price, with a mixed power grid, was between $158.5 and $165.7 dollars per MW.