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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Guatemala Population (millions) - July 1998 Overall Electrification (% of population) GDP (billion US$) - 1997 est. Real GDP Growth Rate - 1997 est. Inflation Rate (CPI) - 1997 Total Installed Capacity (MWe) - 1995 Electricity Consumption per Capita (kWh) - 1997 Energy Demand Growth Rate 12.01 68% $45.8 4.1% 9.0% 1005 312 10.0% Guatemalans have access to electricity. Outside of the capital, access falls to 30%, and in rural areas there is virtuallynoaccess. TheGovernmentofGuatemala’s (GOG) goal is to increase rural electrification to 70% by 2000. Of Guatemala’s total 1005 MWe installed capacity in 1995, electricity production is almost evenly split between hydroelectric and thermal power (24% steam turbines, 49% gas turbines, and 28% diesel). In 1990, hydropower accounted for over 90% of the country’s generation capacity—anover-relianceonhydropower. Guatemala estimates that it must add about 1400 MWe of new and replacement capacity by 2012 to satisfy increasing demand. Guatemala is the only oil-producing country in Central America. However, oil reserves are concentrated in remote and inaccessibleregionsinthePetenbasininnortheast Guatemala. With the formal end of the 36-year Civil War in 1996, however, Guatemala is pushing to develop its oil resources and granting concession for development. Guatemalahasanincreasinglyopenpowermarket. The country’s privatization program has accelerated with the sale of Empresa de Energía de Guatemala S.A. (EEGSA), the country’s largest power utility, and the proposed sale of Instituto Nacional de Electrificación (INDE), the rural power distributor in 1998-1999. Prices (US¢/kWh) - June 1998 Residential Commercial Industrial 6.87 7.86 9.30 Estimated Geothermal Potential (MWe) 3,320 Power Summary The key energy issues in Guatemala are electricity and oil. The country’s consumption of energy is currently among thelowestintheworld. Approximately68%of Geothermal Resources in Latin America & the Caribbean 29

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