World Wild Life Fund praises renewable energy programme
News from Nicaragua | Friday, 16 January 2015 | Click here for original article
The World Wildlife Fund for Nature (WWF), in a December report, cited Nicaragua as “a renewable energy paradise in Central America.”
The report stated that “Its abundant resources allow this small country to boast great potential for hydro power, geothermal electricity and wind power. And it is already being exploited.”
When the Sandinistas took office in 2007 renewable energy generation stood at 25%. In 2013 it surpassed 52%.
Sixteen percent of Nicaragua’s electricity is provided by wind power, primarily in the area of Rivas on the Pacific. Fifteen percent is generated from geothermal activity at the San Jacinto Tizate and Momotombo plants, and 14% hydro electrical. Another 7% is produced by burning biomass left over from sugar production.
The WWF called geothermal “the big success story” for Nicaragua since 20 years ago it was an untapped resource.
It is projected that in 2017, Nicaragua will produce 90% of its electricity from renewable sources, further reducing its dependence on oil. Informe Climascopio 2013 ranked Nicaragua third behind Brazil and Chile as most attractive countries for clean energy investment.