What is Guatemala's rural electrification policy?
Guatemala's policy for rural electrification focuses on renewable energy sources such as solar PV, wind, small hydroelectric plants, and hybrid power plants.
How much electricity does Guatemala need?
We estimate future electricity demand based on Guatemala's residential electricity demand in year 2018 and its historical growth in total electricity demand. Specifically, residential electricity consumption was an estimated 3.7 TWh per year in 2018 (IEA, 2021), or roughly one-third of the country's total electricity demand.
Could energy poverty be impacted by energy development goals in Guatemala?
These are costs that could further burden electricity consumers if not managed efficiently. The government of Guatemala – as well as other governments of transitioning economies – can use frameworks like the one introduced here to better understand how electric sector development goals could impact energy poverty in their countries. 6.1.
What is the primary energy source for Guatemala?
In 2018, Guatemala derived 57.43% of its total energy supply from biofuels and waste. This was followed by oil (29.54%), coal (7.68%), hydro (3.22%), and other renewables such as wind and solar (2.12%).
How is electricity regulated in Guatemala?
The electricity industry in Guatemala is regulated by the General Electricity Act (Ley General de Electricidad) and the CNEE (Comisión Nacional de Energía Eléctrica).
Is electricity demand price inelastic for existing electricity consumers in Guatemala?
We assume electricity demand is price inelastic for existing electricity consumers in Guatemala – that is, consumers do not decrease electricity consumption when electricity prices increase.
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