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3 Nicaragua Nicaragua is located in the central part of the Central American isthmus, bordered by Honduras to the north and Costa Rica to the south. Selected data for Nicaragua are provided in Table 3.1. Table 3.1 119,990 5,907,881 29.47 Selected Data for Nicaragua 1.275 2,777 Land Area Population GDP US$ Billion Installed Electric Power GW Electricity Consumed GWh (km2 ) (2005) (2014) (2011) (2011) Source: Central Intelligence Agency (US), https://www.cia.gov/library/publications/resources/the-world-factbook/geos/nu.html. Nicaragua has highly active geothermal resources, mainly due to the volcanic mountain chain that runs parallel to its Pacific coast. This chain is composed of 16 active volcanoes, lagoons, residual volcanic structures, volcanic calderas, and many areas with hydrothermal activity. They indicate the presence of magmatic bodies with high geothermal potential4. In this section, we provide the following information about geothermal development in Nicaragua: • Nicaragua and Its Electricity Sector (Section 3.1) • Geothermal Resource Potential in Nicaragua (Section 3.2) • Geothermal Projects in Nicaragua (Section 3.3) • Future Geothermal Projects in Nicaragua (Section 3.4) 4. M. González, “Estado Actual del Desarrollo de los Recursos Geotérmicos en Nicaragua” (Instituto Italo-Latino Americano [IILA], San Salvador, Pisa, San José, April 2009–May 2010). 20PDF Image | Unlocking Geothermal Power Eastern Caribbean Powerhouse
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