Renewable Energy Study Shows Potential for Region
The use of renewable energy sources is a viable option for Central America, where energy consumption has increased at a rate of 8.3% per year for the past eight years, according to a statement from the Biomass Users Network Central American Office (BUN-CA).
The organization recently carried out a study concluding that in 2014, Central American countries will require 58,600 mega volts of energy.
BUN-CA Director José María Blanco said the region could reap multiple benefits from using renewable energy sources.
“Alternative energy could reduce the dependency on petroleum imports to operate thermal plants and also contribute to new investment opportunities like granting certificates for reducing emissions that contribute to global warming,” Blanco said.
The study found that in the past several years, Central American countries have developed incentives for the private sector to participate in alternative energy production.“
We have evidence … that there is an open regional market with great possibilities for international investment,” Blanco said, regarding the potential for alternative energy projects.
You may be interested
Ports and highways blocked in rejection of Costa Rica’s IMF proposalThe Tico Times - October 1, 2020
Protesters blocked roads and ports in different parts of Costa Rica on Wednesday in a protest against planned negotiations with…
Costa Rica coronavirus updates for Wednesday, September 30Alejandro Zúñiga - September 30, 2020
Costa Rica announced 24 new coronavirus-related deaths over the last day for a total of 904, according to official data…
Some 34 million jobs lost in Latin America due to pandemicCarlos MANDUJANO / AFP - September 30, 2020
The two aspirers for the presidency of Costa Rica, the evangelical preacher Fabricio Alvarado and the former minister Carlos Alvarado, reach the closing of the electoral campaign for April 1st with a technical draw, according to a poll disclosed this Friday.