What is Panama's Plan Energético Nacional?

The PEN (Plan Energético Nacional) 2015-2050 aims to drastically increase the use of renewable energy in Panama to 70% of the country's energy mix. Panama aims to be carbon neutral by 2050, partially by emphasizing forest restoration to absorb CO2 emissions.

What is Panama's energy supply?

This page is part of Global Energy Monitor 's Latin America Energy Portal. Panama currently relies on imported oil for the majority of its total energy supply. In the electrical sector, hydro energy also plays a key role, accounting for 43.9% of installed capacity and 67.2% of total generation as of 2020.

Who is responsible for energy distribution in Panama?

Three distributors are responsible for energy distribution in Panama: ENSA, Edemet, and Edechi. Electricity is distributed via Panama's nationally interconnected system (SIN). Electricity prices are impacted by weather patterns because of Panama's use of hydropower.

How much power does Panama have?

Panama's installed electrical capacity has grown steadily over the last decade. As of 2020, the country had 4116 MW of installed capacity, relying on a mix of fossil fuels (44.2%), hydro power (43.9%), wind (6.6%) and solar (5.2%).

What does the SNE do in Panama?

The SNE (Secretaría Nacional de Energía) works under the office of Panama's President to move forward with energy related planning and policy. The Ministry of the Environment (Ministerio de Ambiente) is responsible for permitting and Environmental Impact Assessments.

What percentage of Panamanians have reliable electricity?

While 94% of Panamanians have access to reliable electricity , rates of access in primarily indigenous areas are drastically different; in Comarca Ngöbe-Buglé the percentage of households with reliable electricity drops to approximately 4%.