El Salvador has made significant strides in energy production based on renewable resources, with geothermal energy emerging as the primary source of generation in April this year, according to the General Directorate of Energy, Hydrocarbons, and Mines (DGEMH). This achievement has not only contributed to the country’s economic well-being but also ensured stability in energy tariffs.
Thanks to investments made by various state-owned companies, renewable generation has seen a notable increase. In April alone, El Salvador produced a total of 240 gigawatt-hours (GWh) of renewable energy, as reported by the DGEMH.
The DGEMH stated that geothermal plants were the leading source of generation during that month, followed by hydroelectric power plants. According to the institution’s statistics, the LAGEO geothermal plants generated 125.35 GWh, while the hydroelectric plants operated by the Executive Hydroelectric Commission of the Lempa River (CEL) produced 83.26 GWh.
Furthermore, the small hydroelectric plants of the Cucumacayán Electric Company (CECSA) contributed 2.9 GWh, in addition to the 28.76 GWh generated by Investments Energéticas (INE).
This increased generation has benefited over 2 million users and has also positioned El Salvador as the leading energy exporter in Central America. In 2022 alone, energy exports experienced a staggering growth rate of 1,860%, effectively meeting both domestic and international demand, as reported by the Central Reserve Bank (BCR).
“We will continue to prioritize renewable energies, safeguarding the economy of Salvadorans and protecting our natural resources,” posted the General Directorate of Energy on their social media platforms.
The government has announced its commitment to further develop renewable projects to diversify the country’s energy matrix and maintain stable energy prices. By embracing renewable resources, El Salvador aims to ensure long-term sustainability while fostering economic growth.
As the nation forges ahead in its pursuit of renewable energy, El Salvador serves as an inspiring example for other countries in the region and beyond. By harnessing the power of geothermal and hydroelectric sources, El Salvador not only contributes to a greener future but also secures a stable and prosperous economy for its citizens.