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Panama’s 2nd gas to power plant due online in 2024

Bnamericas Published: Thursday, December 01, 2022
Panama’s 2nd gas to power plant due online in 2024

Dispatch into Panama’s power grid from what would be the country’s second natural gas to energy plant is penciled in to begin in March 2024.

Miguel Bolinaga, head of AES Panamá, provided the update during a visit by President Laurentino Cortizo Cohen and other authorities and officials to the site of the 670MW Gatún project in Colón province.

AES holds a 49% stake in project developer Generadora Gatún, and 51% is held by InterEnergy Group.

A groundbreaking ceremony was held in March for Gatún which will receive gas from AES’s existing Costa Norte LNG terminal in Colón that is under expansion.

Costa Norte is adjacent to Gas Natural Atlántico’s 381MW power plant, which also is controlled by AES and entered operation in 2018. Panama was the first country in Central America to incorporate LNG.

A third gas to power development in Panama is Sinolam Smarter Energy LNG Power’s 458MW project.

Last year, public services regulator Asep approved a request from Sinolam to modify the execution timetable, pushing back the startup of commercial operations to March 1, 2023.

According to reports, however, the project has not advanced. A response to a request for comment from the stakeholder was not received by publication.

Read Permitting advances for Panama thermoelectric dispatch project

Meanwhile, Asep approved an addendum to state power transmission company Etesa’s call to supply firm capacity and energy in the short and medium term. The modifications are available here.

Read Panama driving Central America power demand

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  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
  • Company: Panama Oil Terminals S.A.  (POTSA)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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