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Central America Population (millions) - July 1998 3.6 Overall Electrification (% of population) 93% GDP (billion US$) - 1997 est. $19.6 Real GDP Growth Rate - 1997 est. 3.0% Inflation Rate (CPI) - 1997 11.2% Total Installed Capacity (MWe) - 1997 1370 Electricity Consumption per Capita (kWh) - 1997 1267 Energy Demand Growth Rate 4.0% Power Summary Costa Rica’s total installed capacity as of December 1997 was 1,370 MWe of which Instituto Costarricense de Electricidad (ICE), the public utility company, owned 88%. The remaining 12% is owned by four cooperatives, two municipal companies, over 20 private generators, and the CostaRicanPetroleumRefinery. Themajorityofthe energy sector remains under state control. Costa Rica has vast hydropower resources (9,155 MWe) of which only 8% (754 MWe) are currently being utilized. The country produces approximately two-thirds of the power it consumes and imports the remainder, mostly crude oil and petroleum products (Lawrence, 1998). Hydroelectric power dominates the country’s power production accounting for over 90% of Costa Rica’s total power. Thermalenergyproductionreliesonfossilfuel imports. GeothermalpowerproducedatMiravalles supplies about 11% of Costa Rica’s electrical demand. The market for power in Costa Rica peaked in 1993 as a result of the construction of the Sandillal, Toro, and Miravallesprojects. Themarketdecreasedin1994partly Costa Rica Prices (US¢/kWh) - June 1998 Residential Commercial Industrial 5.04 8.97 7.47 Estimated Geothermal Potential (MWe) 2,900 Geothermal Resources in Latin America & the Caribbean 5PDF Image | Geothermal Resources in the Caribbean and Latin America
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