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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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There is speculation that CEL will seek to shed its generating plants in the future but that will depend on the new government which will be elected in March 1999. After years of civil war, the resurgence of industrial output has greatly increased El Salvador’s power needs following the1992PeaceAccords. ElSalvador’saverageannual growth of electricity demand for the last five years has been 7%. CELisimplementingaten-yearelectricitygeneration expansion plan based on a projected 7% average annual increase in demand, as well as on meeting future demand fromGuatemalaandHonduras. Theplanaimstoincrease the country’s total generating capacity to 2015 MWe by the year 2010, and will require investment of more than $1 billion. The $332 million Electric Power Sector Program, Stage II, approved in 1994 by the IDB, will provide the infrastructure needed to accommodate El Salvador’s growing demand for electricity. Ofthetotal,$215millioniscomingfromthe IDB, $55 million from the Overseas Economic Cooperation Fund (OECF) of Japan, and $62 million from local sources. Thespecificcomponentsinclude: (a)constructionofthe Berlín 55 MWe geothermal generation plant; (b) stabilization and rehabilitation of the Ahuachapán geothermal plant; (c) construction of three new 115 kV transmission lines and two 115-46 kV substations, rehabilitation of twenty 115 kV lines, and expansion of the capacity of eight existing substations; (d) an energy conservation program; and (e) institutional strengthening and staff training of CEL. Government / Legislation Superintendencia de Electricidad y Telecomunicaciones (SIGET) Created in 1996, SIGET is an independent agency which regulatesthetransmissionanddistributionofelectricityin El Salvador. SIGET will: • authorize the sale of concessions for exploration and exploitation of geothermal resources; • appoint a transactions office known as the UnidaddeTransacciones(UT)whichwill operate the transmission system, maintain the security of the system, and assure a minimum acceptable standard for service and delivery; and • be the point of resolution for conflicts between operators, and between operators and final consumers, but only if its services are formally requested. Geothermal Resources in Latin America & the Caribbean 18

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