Cologne wind power energy storage system production in Panama

What is Panama's power system like in 2017?

In 2017, Panama’s power system had very large installed hydropower capacity (54% of total capacity) and substantial VRE capacity (45.3%). The generation breakdown was 64% renewable energy (36% run-of-river hydro, 18% reservoir hydro, 8% wind, 2% solar photovoltaics (PV)) and 36% thermal generation (29% oil and 7% coal).

What is Panama's first and largest wind project?

Goldwind, with its best-in-class turbine technology, stepped in to help develop what is now Panama’s first and largest wind projects - Penonomé I and II. The 270 MW Penonomé I and II wind projects, located in the Coclé Province on Panama’s southern coast, are comprised of 86 Goldwind 2.5 MW turbines and cover over 47,000 acres.

What is Panama's national energy plan 2015-2050?

To address these challenges, Panama’s National Energy Plan 2015-2050 has started moving the energy sector decisively towards a more diverse energy mix that takes full advantage of the country’s significant renewable energy resource potential. At the core of the plan is a massive scale-up of solar photovoltaic and wind energy.

How will the pen 2015-2050 support Panama's power sector planning?

This will support Panama’s power sector planning by defining long-term transition scenarios and near-term actions that can link the development of the grid with the development of renewable energy generation, while aligning with periodic updates to the PEN 2015-2050.

Is Panama suitable for grid-connected wind power?

The suitability analysis for grid-connected wind power shows that Panama’s wind generation facilities correspond to the areas with higher resource (Figure 24), while the areas suitable for decentralised wind remain distant from the main transmission system but within strong resource areas (Figure 25).

Will Panama have a higher share of coal in the power mix?

Concerning electricity, the reference case shows that Panama’s demand growth trajectory would lead to a higher share of coal in the power mix by 2050. The ambitious scenario, however, suggests that renewable energy could reach 70% of supply in the next 35 years, while meeting growth in demand (SNE, 2015).