Who manages electricity in Honduras?
The electrical energy sector in Honduras was managed by the municipalities until 1957, when the National Electric Energy Company (ENEE, by its Spanish acronym), was created to take charge of the generation and distribution of electricity in the country.
Why is Honduras transforming its electricity market?
Honduras, like other Central American countries, is transforming its electricity market due to new market demands and, above all, due to the Country’s policies and plans to define the electric dispatch and generation as a strategic key sector.
When did Honduras start generating electricity?
As seen, the first private generation, transmission, and dispatch participation in Honduras was developed in 1992, when the first private company for generation and dispatch was established: the Roatán Electric Corporation (RECO), to which ENEE sold the Bay Islands.
How does a solar power purchase contract affect the generation system?
Power purchase contracts with solar plants produce a strong distortion in the generation system. Especially when compared to an economic firm that follows certain criteria based mainly on a perfect market of supply and demand.
Where is Honduras located?
Honduras is a country located in Central America with a population of approximately 8.3 million people (INE, 2013) with a GDP of MUSD 20.42 (World Bank, 2015) with an annual growth of \ (3.6\%\).
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Photovoltaic pv cell Honduras In 2021, Honduras'' energy mix was led by oil, constituting 52.3% of the total energy supply, followed by biofuels and waste at 33.7%. Modern renewables, which exclude traditional biomass practices like burning wood or agricultural residues, accounted for 13.7%, while coal made up just 0.3%. Current Contact online >>
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The cost-optimized renewable energy fraction for the PV+BESS solution + PUE load is around 50%, but increasing that fraction to 70% only increased LCOE by $0.02/kWh.
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