How much electricity does Panama need?

At the same time, electricity demand in the country has continued to increase, reaching a peak demand of over 1 600 megawatts (MW) in 2015. To meet this growth, Panama introduced wind and solar photovoltaic (PV) energy in 2013, which reached 270 MW and 90 MW of installed capacity by 2016, respectively.

What type of energy does Panama use?

Buildings in Panama use electricity for lighting, cooling, heating and motive power, while bunker fuel and diesel are used in boilers and furnaces to produce heat, and petroleum coke is used in cement plants. The use of oil products corresponds to more than 80% of the industrial sector’s total energy consumption (Figure 8).

What are the main sources of electricity in Panama?

The largest source in the electricity mix is hydropower, followed by thermal generation (oil products and coal). Wind and solar power came on line in 2013, and by 2016 Panama had 270 MW of installed wind power capacity and 90 MW of installed solar power capacity (SNE, 2015).

What are the energy-intensive industries in Panama?

Energy-intensive industries in Panama include food, tobacco, cement and paper production. Based on SNE (2015), Plan Energético Nacional (2015-2050). 4. COMMERCIAL AND PUBLIC SECTOR: The commercial and public sector is the largest consumer of electricity among the four sectors. Consumption reached 2 816 kboe in 2014 (Figure 5).

How can Panama adapt its energy system?

To adapt Panama’s energy system to this evolving paradigm, a comprehensive plan is needed that considers a rapid growth in demand from the electrification of transport, including from the introduction of expanded metro lines, electric passenger vehicles and electric buses.

Does Panama have solar power?

Since 2014, investments in solar and wind energy have grown markedly. Today, more than two-thirds of Panama’s electricity generation comes from clean sources, primarily through the contribution of hydropower. The country also has the largest wind farm in the region, and solar power generation – although still modest – has begun to take of rapidly.