Nov 24, 2013

Costa Rica to build 3 geothermal electricity plants with Japanese funding

The Tico Times has a report on plans to expand geothermal power in Costa Rica - Costa Rica to build 3 geothermal electricity plants with Japanese funding.
Costa Rica hopes that the additional electricity generated by steam from the volcanic area will help the country reach its goal of generating 95 percent of its electricity with renewable resources by 2014. ...

The first of the proposed plants, Pailas II, will have an electrical generation capacity of 55 megawatts and will cost more than $333 million to build, according to a statement from Casa Presidencial. The costa Rican Electricity Institute, or ICE, will construct two other 50-MW power plants, Borinquen I and II, 40 kilometers away from the Pailas geothermal plants. "This is 165 MW of reliable [electricity generation]; that is to say, they will operate 24 hours a day, 365 days a year. This is clean, renewable and reliable energy, as reliable as any conventional thermal electrical power plant," said ICE Executive President Teofilo de la Torre.

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