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Costa Rica's renewables output reaches 98.6% in H1 2015

Wind turbine. Author: Martin Cathrae. License: CC BY-SA 2.0

July 2 (SeeNews) - Costa Rica produced 98.55% of its electricity through renewable energy sources in the first half of 2015, according to data of state-run utility Instituto Costarricense de Electricidad (ICE), quoted by the government.

The mix includes hydro, geothermal, wind, biomass and solar power. In full 2015, ICE wants to reduce thermal generation to 2.9% versus 10.34% last year, equivalent to saving CRC 94 billion (USD 176.2m/EUR 159.1m).

The lower fuel costs benefit all groups of customers. According to ICE's executive president, Carlos Obregon, a diverse energy mix allows the country to efficiently take advantage of weather conditions and has a positive impact on the stability of tariffs.

The country expects to further strengthen its system by starting up a hydroelectric plant on the Reventazon river later this year.

(CRC 10 = USD 0.019/EUR 0.017)

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Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.

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