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Geothermal Resources in the Caribbean and Latin America

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Geothermal Resources in the Caribbean and Latin America ( geothermal-resources-the-caribbean-and-latin-america )

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El Salvador Population (millions) - July 1998 5.75 Overall Electrification (% of population) 65% GDP (billion US$) - 1997 est. $17.8 Real GDP Growth Rate - 1997 est. 4.0% Inflation Rate (CPI) - 1997 2.0% Total Installed Capacity (MWe) - 1995 833 Electricity Consumption per Capita (kWh) - 1997 538 Energy Demand Growth Rate 7.0% (38%) power plants, for a total installed capacity of 900 MWe in 1996. Large factories and industrial parks in El Salvador generally have their own backup power generating facilities. Infrastructure problems and weather conditions still interrupt service on a regular basis. Electrical generation is highly dependent on seasonal rains, because hydroelectric plants provide more than 40% of the country’sgeneratingcapacity. Thestate-ownedelectric company, Comisión Ejecutiva Hidroeléctrica Del Río Lempa (CEL), aided by international financial sources, is developing additional geothermal and fuel-powered electricalplants. Inaddition,privately-ownedgenerating plants, will likely reduce the number of electricity shortages in the future. The Government of El Salvador (GOES) is moving ahead withtheprivatizationofCEL. Fourdistributioncompanies were sold to U.S., Venezuelan, Chilean, and Central Americaninvestors inearly1998. ToselltherestofCEL will require a reorganization of the agency which is currently underway and expected to be complete by the end of1999. Itisstillunknownhowthisprivatizationwilltake place. Some plants, i.e. geothermal and thermal may be sold, while others, i.e., hydroelectric, may be contracted under concession due to the complexity of dividing up water rights. The breakup of CEL should lead to a dramatic increase in investment in the sector over the next ten years. Prices (US¢/kWh) - June 1998 Residential Commercial Industrial 8.19 10.70 11.10 Estimated Geothermal Potential (MWe) 2,210 Power Summary The generation system of El Salvador is composed of hydroelectric (49%), geothermal (13%), and thermal Geothermal Resources in Latin America & the Caribbean 17

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