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Guatemala veers toward the traditional in its quest for energy independence

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/10775

Guatemala veers toward the traditional in its quest for energy independence

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Title: Guatemala veers toward the traditional in its quest for energy independence
Author: NotiCen writers
Subject(s): Guatemala
traditional
energy independence
foreign oil
Alvaro Colom
electricity
bunker fuel
geothermal
hydroelectric
coal generation
Carlos Slim
Minister of Energy and Mines
oil consumption
ethanol
jatropha curcas
Guatemala
food shortage
Desarrollo y Validacion del cultivo de Jatropha en la zona norte de Chile para la Produccion de Biodiesel
Goldman Sachs
fuel plant
cash crops
BP
D1 Oils
poisonous plant
biodiesel
PPP
Proyecto Mesoamericano de Biocombustibles
Plan Puebla Panama
Agrocyt
Andres Felipe Arias
Abstract: Guatemala's president announced a plan to reduce the country's dependence on foreign oil. The initiative will depend instead on foreign investment, somewhere in the US$2 billion range. President Alvaro Colom said the investment would buy the generation of more than 920 megawatts of electricity, and would permit a medium-term revamp of the country's energy mix. At present, 46% of the electricity in Guatemala comes from bunker fuel, the heavy residue at the bottom of the barrel, after gasoline and diesel have been distilled away. But even this stuff has been subject to enormous increases in price.
Date: 2008-05-29
URI: http://hdl.handle.net/1928/10775

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