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ICE seeks annulment of $112 million payment to Italian company
Costa Rica
4065 views
Costa Rica
4065 views

ICE seeks annulment of $112 million payment to Italian company

AFP - December 20, 2017

The state-owned Costa Rican Electricity Institute (ICE) asked for an annulment of the mediation proceedings that require the institute to provide a large payment to the Italian…

Power overload in Panama causes outage in Costa Rica
Business
9357 views
Business
9357 views

Power overload in Panama causes outage in Costa Rica

L. Arias - July 2, 2017

An overload in the Central American Transmission System in Panama caused a power outage at 1 p.m. on Saturday in Costa Rica. It also partially affected power in Nicaragua, El…

Ombudsman’s Office opposes hikes in electricity rates for CNFL
Business
2020 views
Business
2020 views

Ombudsman’s Office opposes hikes in electricity rates for CNFL

L. Arias - June 13, 2017

Officials from the Ombudsman's Office attended a public hearing at the Public Services Regulatory Authority (ARESEP) to voice their rejection of two hikes in electricity rates requested by…

Reduced electricity rates this year? Don’t hold your breath
Business
4650 views
Business
4650 views

Reduced electricity rates this year? Don’t hold your breath

L. Arias - April 8, 2017

Chances of seeing a decrease in monthly electricity bills this year is not very likely for customers of the two main state-owned power companies. Over 700,000 customers…

Costa Rica prepared for this season’s harsh weather, energy officials say
Costa Rica
3107 views
Costa Rica
3107 views

Costa Rica prepared for this season’s harsh weather, energy officials say

L. Arias - February 26, 2017

Despite harsh climate conditions, there's no need to worry — yet — about the ability of Costa Rica's hydroelectric plants to support the country's energy needs, the state-run…

Regulator approves decrease in electricity rates for next quarter
Business
1976 views
Business
1976 views

Regulator approves decrease in electricity rates for next quarter

L. Arias - December 22, 2016

The sustained decrease in the use of fossil fuels to generate electricity in recent months resulted in lower electricity rates that will apply for the next quarter. The Public…

Costa Rica to end year with mostly renewable electricity sources
Costa Rica
6255 views
Costa Rica
6255 views

Costa Rica to end year with mostly renewable electricity sources

L. Arias - December 16, 2016

The state-run Costa Rican Electricity Institute (ICE) reported that most of the electricity so far this year came from renewable sources. The agency said in a statement that…

Regulator approves decrease in electricity rates
Business
1700 views
Business
1700 views

Regulator approves decrease in electricity rates

L. Arias - September 27, 2016

The onset of the rainy season and the launch of two renewable energy projects have prompted a decrease in electricity rates for the next three months. Both situations allowed for…

Costa Rica, Japan move forward with geothermal energy project
Clean energy
3222 views
Clean energy
3222 views

Costa Rica, Japan move forward with geothermal energy project

L. Arias - August 31, 2016

Japan has agreed to loan Costa Rica $224 million to finance part of the construction of a geothermal project in Liberia, Guanacaste. Representatives of the Japan International Cooperation Agency…

Costa Rica’s electricity mostly from renewable sources in 2016
Business
7051 views
Business
7051 views

Costa Rica’s electricity mostly from renewable sources in 2016

L. Arias - April 16, 2016

Despite severe drought conditions across most of the country, 97 percent of electricity generated during the first three months of this year came from renewable sources, the…

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