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 electricity does Panama produce?

Panama produced 10.9 TWh of electricity in 2020; hydro power accounted for 67.2% of all power generated, followed by fossil fuels (24.3%), wind (5.3%), solar (2.9%) and other renewable sources (0.3%).

Who regulates the electricity sector in Panama?

The ASEP (Autoridad Nacional de los Servicios Públicos) is responsible for regulation of the electricity sector in Panama. The ASEP oversees all aspects of Panama's electrical sector. Panama does not have a national oil company. Naturgy is the leading energy distributor in Panama.

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.

Does Panama have a power station?

Panama's older Bahía las Minas power station has shut down completely , while the newer Cobre Panamá power station has committed to converting to natural gas by December 2023. In 2014, approximately 15 million long tons of thermal coal passed through the Panama Canal.

Is Panama phasing out diesel power plants?

Panama has committed to phasing out power plants that burn diesel or other heavy fuels by the end of 2023, with the decommissioned capacity to be replaced by the 670 MW Gatún power station, a natural gas plant scheduled to begin operations in 2024.