Diapositiva 1

Panamá
Geothermal Development in
Panama
Aileen LEE
National Energy Secretariat (SNE)
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General Information
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Size:
75 416,60 km2.
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Climate:
Tropical.
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Inhabitants:
3 787 511.
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GDP/per capita:
6 800 USD (constant price – base: 1996).
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Unemployment:
4,5 %.
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Economic data:
Canal, Logistics, Commerce, Banking, Construction.
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Currency:
USD.
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Capital:
Panama (approx. 1 MM Inhabitants).
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Borders:
Costa Rica and Colombia.
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Observation:
10 % Avg. GDP annual increase rate for last 5 years.
Panamá
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Energy Sector

Gross generation:
• Hydro:
• LFO+HFO:
• Coal:
• Biomass:
8,606 GWh
00
5,391 GWh / 62,6 %
2,523 GWh / 29,3 %
0 668 GWh / 07,8 %
24 GWh / 00,3 %

34 Local generating companies.

Annual consumption:
7 170,3 GWh.

Increase of consumption:
6 % per year.

Electrification rate:
90 %.

Distribution losses:
11,4 %.

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Monomial energy prices:
92 – 166 USD/MWh.
High potential for renewable energies: Small hydro, solar, wind, biomass and
geothermal energy.
Panamá
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Energy Sector
Important stakeholders:
Panamá
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SNE: Energy policy maker under the Ministry of Presidency.
ASEP: Regulatory entity.
ANAM: Environmental protection entity.
CND : Grid operator.
ETESA: Grid owner and PPA Bid Acts organizer.
EDEMET,EDECHI,ENSA: Distribution companies.
Centram Geothermal: Private company developing a geo-power plant.
Highlights of actual energy policy:

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Diversification of energy matrix.
Energy efficiency.
Electricity coverage.
Regional integration.
Distributed generation.
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Electric Energy Generation
Energy generated (8 606 GWh)
3%
Installed capacity (2 421,7 MW)
Thermal
39%
8%
HYDRO
26%
63%
BUNKER
DIESEL
Hydro
61%
COAL
Dispatch
Source: SNE 2012
Panamá
Thermal
Hydro
Geotérmica
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Actual Geothermal Development
Up to now, geothermal energy has only been used in the
tourist sector. Natural thermal baths are very famous in El Valle de Antón!
Panamá
Some preliminary studies:
Stakeholders:
 SNE:

ASEP:

ETESA:
Energy policy maker:
- National energy plan, laws, technical cooperation.
Regulatory entity:
- Resolutions.
- Energy generation, transmission and distribution concessions.
Grid owner and PPA Bid Acts organizer:
- Study maker (energy potential).
Actual projects in development:
 Geothermal concession in Barú-Colorado.
 Since 2012.
 5MW – 33 621MWh/year of electricity to the grid.
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Actual Geothermal Development
Actual projects in development:
 129 square kilometers - uninhabited area.
 60 000 Inhabitants.
 Private Investment.
 Replace 19 000 CO2tones/year (aprox.).
 Potential reservoir temperature
195 – 234 °C.
 Binary cycle for generation with
temperatures between 90° to 140°C.
Other projects in development:
 There’s no other energy projects in
development, only for the tourist sector.
Panamá
Future Geothermal Potential
Potential:
Approx. unknown potential:
- 100MW (IGA, 1999).
- 360 MW (GEA, 1998).
- 450 MW (L. Battocletti & B. Lawrence, 1999).
Geothermal Potential of Panama (according to West JEC).
Barú-Colorado Area
24 MW
Surface Geoscientific Studies.
El Valle de Antón Area
18 MW
Surface Geoscientific Studies.
Chitra Calobre Area
-
Surface Geoscientific Studies.
Isla de Coiba Area
-
Tonosí Area
-
Total
42 MW
Panamá
Future Geothermal Potential
Panamá
Geothermal Potential Map
Barú-Colorado Location
Future Geothermal Potential
Panamá
Former Project “El Valle
de Antón”.
Hot Water Emanations
“Chitra-Calobre”.
Special Fields of Interest
Panama is looking for:
Panamá
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New technologies for exploration and drilling.
New technology application for high and low enthalpy resources.
Investment and financing of geothermal projects.
Risk assessment for exploration drilling.
Geothermal potential assessments and Map of Country’s Geothermal
Potential
 Pre-feasibility studies.
 Data update and organization.
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Panamá
Contact
Aileen Lee
alee@energia.gob.pa
Secretaria de Energía
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