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Panama plans law for support of wind energy

The national assembly of Panama has agreed to a draft law designed to expand support for wind energy.

Operators of renewable energy projects had the opportunity to sell the generated current on their own up to now as long as the maximal capacity of the projects did not exceed 10 MW, according to the Exportinitiate Renewable Energies of the Federal Ministry of Economics.

The new law envisions supporting wind projects via the auctioning of concessions. The awarded contracts at the auction with the state-run supplier Transmisión Eléctrica (ETESA) will last for 15 years.

The State Secretary for Energy referred to the strategic significance of wind energy in the dry seasons in particular, in which the capacity of water power in the country does not reach its maximum output.


Source: Caribbean News Now

Category/ies:Regional News.
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