Panama approves thermo expansion amid demand spike

Friday, October 24, 2014

The developer of a thermoelectric plant in Panama secured approval to expand project scope.

Public services regulator Asep authorized Grupo Energético del Caribe to increase capacity at the planned Termogas complex to 366MW from 240MW, according to a resolution from the watchdog.

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The company holds a provisional license for the plant planned for the Puerto Pilón area in Colón province that would boast GE units.

The regulator highlighted the importance of the additional capacity to cover demand.

Information from Panama's national dispatch center CND reveals that October maximum demand of 1,486MW was recorded on Thursday. This ties last month's maximum demand, but behind a record 1,503MW set in July.