Guatemala Energy Storage Foreign Trade

How is energy used in Guatemala?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

Why is Guatemala a good place to invest in energy?

Guatemala is a good place for energy investments because it offers opportunities for cleaner energy generation due to its rich natural resources. The country is also working on policies to promote efficient energy supply, allowing U.S. companies to provide technology and know-how.

Is Guatemala's electricity market free?

Guatemala’s electricity market has been operating as a free market since 1996, when the activities of the electricity industry were separated, opening the generation and commercialization of energy to free competition.

How will Guatemala's energy matrix change?

Guatemala has become highly dependent upon hydrocarbons such as petrol and its derivate. However, local authorities have implemented significant measures to change the country’s energy matrix, promoting other sources of energy production. Future outlooks suggest that this shift will include both clean and renewable energy.

What is the National Energy Plan of Guatemala?

The National Energy Plan of Guatemala defines the promotion of renewables as a priority. The plan aims to promote the use of clean and environmentally friendly energy for domestic consumption without losing sight of energy security and the need for supply

What is the future of green technology in Guatemala?

Current Green Technology projections in Guatemala are rumored to spearhead developments in water filtration systems (Basin Management), hydroelectric grids, and solar technology. The Advanced Power Integrated Stations "GPTech APIS" is projected to continue to increase from 2016 to 2070.