Panama Energy

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The stated ambitions to diversify Panama’s energy matrix have resulted in a range of regulatory reforms to encourage investment in renewables, and ground has been broken on the first projects in wind- and solar-driven generation facilities. After a decade of feasibility studies in cooperation with international development organisations such as...

Rapid economic growth in recent years has not left Panama’s energy sector unscathed. According to figures from Empresa de Transmisión Eléctrica (ETESA), the national electricity transmission company, demand for power will grow at around 7.5% per year until 2016 while annual averages of 5.6% are expected in the 10 years after that. Managing the...

What is Panama’s overall strategy to achieve power self-sufficiency?

For the past decade Panama has registered impressive economic growth. According to the World Bank, GDP growth averaged 6.8% from 2000 to 2012, while government figures show double-digit growth for four of the past seven years. Economic development has been fuelled by heavy public sector spending on infrastructure, particularly the $5.25bn expansion of the Panama Canal, which should ensure long-term growth.

Chapter | Energy & Utilities from The Report: Panama 2014

With demand for power estimated to grow around 7.5% per year until 2016 and maintaining annual averages of 5.6% in the following 10 years, managing the balance between demand and supply is a key concern for Panama. In other utility segments, such as water, rising consumption levels are exposing decades-long underinvestment in infrastructure networks. As a result, ambitious investment plans – from...
Se espera que el rápido crecimiento económico de Panamá genere oportunidades para la inversión en el sector de los servicios públicos, pues hay una creciente demanda tanto por la producción de electricidad como por las instalaciones de distribución.

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