Nextgen renewables El Salvador

What is El Salvador's new energy policy 2020-2050?

The new National Energy Policy 2020-2050 aims to diversify El Salvador’s energy mix and take advantage of the country’s significant renewable energy resource potential. At the same time, the policy highlights the need to reduce dependence on fossil fuels and mitigate the impact of climate change.

What are El Salvador's green energy ambitions?

El Salvador’s Green Energy Ambitions: 95% Renewable Projects Set to Transform the Nation in 2024. – El Salvador in English El Salvador’s Green Energy Ambitions: 95% Renewable Projects Set to Transform the Nation in 2024.

What is the energy supply in El Salvador?

In 2019, total energy supply in El Salvador reached around 156 600 TJ (see Figure 5). That year, the renewable energy source with the largest share as part of the primary energy supply was bioenergy (19.6%), followed by hydropower (3.5%), geothermal energy (3.4%), and solar energy (1.1%) (CNE, 2020).

Will El Salvador get a new PPA for renewables?

This project already holds a PPA, which was awarded during the first energy bidding process in El Salvador back in 2012. It will also cover a large part of the distribution companies’ demand. Following the plant coming online, the allocation of new PPAs for renewables will likely depend on the growth of electricity demand and future energy policy.

Does El Salvador need regional energy integration?

This strategy must also remain in line with the country’s overall development strategy, assuring the participation of both public and private sectors. Some progress has already been achieved in this, by including regional energy integration as one of the strategic components of the new, El Salvador National Energy Policy 2020-2050.

Does El Salvador have a target for renewables in end-use sectors?

El Salvador does not currently have targets for renewables in end-use sectors, either. Establishing targets for renewable energy in transport, heating and cooling, agriculture and industry could contribute to a further scale-up of renewables in the country, and help achieve emissions reduction targets while creating new business opportunities.