Costa Rica wants to be carbon neutral by 2021, so developing geothermal would help them achieve that goal. In 2010, it was reported that about 13% of Costa Rica’s energy came from geothermal. 80% of the countries energy comes from hydro power, and another 5% comes from wind turbines making the new announcement of a $958 million geothermal project enough to hit the 100% target!
Costa Rica has a plentiful resource for energy that is largely untapped – volcanic geothermal energy. Geothermal power uses underground steam from volcanos. The energy is harnessed by drawing hot water and steam from within the Earth’s crust, and then cooling it to move power turbines. An advantage of geothermal power is that it is continuously generated, and not dependent on weather conditions. The expected location is Guanacaste near Rincón de la Vieja volcano. The first plants are expected to generate about 55 MW and cost approximately $333 million to build. Two other 50 MW plants will be built as well, about 40 kilometers from the Pailas II plants.
Costa Rica has been a regional leader in providing electricity access and for keeping costs low. A local energy official, Teofilo de la Torre, said that when operational, the new geothermal plants could generate electricity at about five cents per kilowatt-hour.
According to officials with the Costa Rica Electricity Institute (ICE)...
"In Costa Rica, 250 kWh would be enough satisfy the monthly needs of low- and middle-income households. The average domestic consumption in 2009 was slightly above 224 kWh, and 75% of ICE’s users consume that amount or less. On average, in other Latin American countries, users had to dedicate 14.6% of the minimum salary, while in Costa Rica only 7% was needed to pay for an equivalent amount of electricity."
Remember that the minimum salary here is around $400 a month!! Once again, those with the least, truly do have the most...
Have a sensational day! PURA VIDA!!