What are thermal power plants used for in El Salvador?
Thermal power plants are at present used as a back-up for variable renewable energy (VRE) generation. Thermal electricity production in El Salvador is, however, sometimes costlier than importing electricity within the regional market, as will be presented in the section below.
What is the energy supply in El Salvador?
In , total energy supply in El Salvador reached around 156 600 TJ (see Figure 5). That year, the renewable energy source with the largest share as part of the primary energy supply was bioenergy (19.6%), followed by hydropower (3.5%), geothermal energy (3.4%), and solar energy (1.1%) (CNE, ).
Who owns El Salvador's electricity?
CEL is an independent, public electric utility in charge of developing, conserving, managing, and using the energy resources of El Salvador. Clean energy is generated in four hydropower plants located at diferent points in the Lempa River basin. ETESAL is El Salvador’s transmission system owner.
Can public institutions support renewable projects in El Salvador?
While the low costs of finance from public institutions can certainly have a positive impact on the capital mix of renewable projects, limitations on the availability of such instruments must also take account of the volumes needed to realise El Salvador’s long-term deployment ambitions for renewables.
Will El Salvador get a new PPA for renewables?
This project already holds a PPA, which was awarded during the first energy bidding process in El Salvador back in . It will also cover a large part of the distribution companies’ demand. Following the plant coming online, the allocation of new PPAs for renewables will likely depend on the growth of electricity demand and future energy policy.
Who financed El Salvador's Capella solar PV project?
Together with the Netherlands Development Finance Company (FMO) and the French development bank, Proparco (Société de Promotion et de Participation pour la Coopération Economique S.A.), IDB provided a financial package for the construction of El Salvador’s Capella solar PV project.
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