chalespinosa

Nicaragua advances its goal of changing the energy used and increasingly moving towards the use of clean energy.

According to the Ministry of Energy and Mines, MEM,  52% of the energy consumed in Nicaragua comes from clean sources (aeolic, geothermal and hidroelectric) and 48% of petroleum based products.

Nicaragua Regional Clean Energy Index in Latin America, known as "Climatescope 2013", in which its only surpassed by Brazil and Chile and is considered an attractive country to invest in clean energy.

Nicaragua is a country with many natural resources, such as geothermal resources for its long chain of volcanoes and seismic activity, excellent exposure to wind and sun, and a large number of point sources of water emphasized the fact the World Bank in an article entitled "A paradise of renewable energy is gaining ground in Central America."

With all these natural resources, Nicaragua has a potential of 5,800 megawatts.

The country would only need to use 10% of their potential in renewable energy to meet its energy demand, amounting to 500 megawatts, however, to date only 5% is in use.

Nicaragua renewable energy sources  18% comes from geothermal, wind another 18%, 8% and 8% hydro biomass. Solar energy is the new kid on the block and thus its contribution to energy generation  has  being measured.

Objectives

The government's goal is that 90% of the energy consumed in the country comes from renewable sources  by the year 2020.

Tumarín hydroelectric project will cost 1,100 million dollars, and would produce 253 megawatts in northern Nicaragua, but is six years away to go live.

The success of clean energy in Nicaragua will depend on it ability to provide better prices than oil, so the country is able to save foreign exchange and maintain stable energy costs.

Another way to take advantage of clean generated energy production  is sell / export through the regional electrical interconnection system for Central America, Mexico and Panama, known as SIAPAC.