The Central Bank (BCN) reported that Nicaragua’s oil bill was reduced by 11.2% last year, going from US$ 777.8 million dollars in 2015 to US$690 million in 2016. The reduction was due to a decline in international oil price and greater clean energy production in the country. Reducing fossil fuel consumption has been a priority of the Ortega government since it came to office amid an energy crisis in which the country suffered daily rolling black-outs. In conjunction with that priority, the Nicaragua Small and Medium Size Business Council (CONIMIPYME) and the Clean Energy Production Center (CPML) organized a workshop in Managua on Energy and Small Business Development. CONIMIPYME President Leonardo Torres said small businesses have a positive impact on the economy and it is important to provide training to promote greater use of renewable energy and more efficient use of electricity. (Nicaragua News, Feb. 13)
Located on the Pan American Highway to Rivas from Costa Rica along the banks of Lake Cocibolca, you will find Nicaragua’s third wind plant called Eolo. Thanks to a US$ 110 million investment, 22 wind turbines provide some 44MW of energy to the national network. ( The World Bank, Nicaragua: a renewable energy paradise in Central America, 2013)
Eolo does not require any fossil fuel supply. Ometepe Island is now hooked into the Rivas energy circuit through underwater cables that supply our energy needs. And it is a vast improvement for our island because before, our electrical demands were met with old diesel generators.
When a rodeo, bullfight, or electronic dance show took place on Ometepe Island, the only way to meet the electrical needs of the community was to ration electricity. La Paloma was often the first to lose electricity, while the fiesta in Moyogalpa or Esquipulas or Charco Verde lit up brightly and carried on for several hours. When the fiesta was over, our electricity returned.
Nicaragua does not produce its own oil, thus it has been historically dependent on foreign imports. So, it only made sense to pursue natural resources from within its boundaries, such as strong winds, bright sunshine, and the country’s 19 volcanoes.
I am so proud of Nicaragua and their commitment to renewable energy! We have come a long way in a short time.
A few links about Wind energy in Nicaragua.