What is the Energy Outlook for Costa Rica?

This information is based on IEA analysis carried out within the framework of Latin America Energy Outlook 2023. Costa Rica Energy Profile - Analysis and key findings. A report by the International Energy Agency.

Is solar power a new energy source in Costa Rica?

Like wind power, solar power is another newer energy source in the country. The first solar power projects in the country were established in 1978 by just a few researchers from public universities at the Solar Power Laboratory at the National University. During 2012, Costa Rica inaugurated the Miravalles Solar Plant next to the Miravalles Volcano.

How much energy does Costa Rica produce?

The project’s totaling was $11.5 million ($10 million from JICA and $1.5 million from ICE. This plant of 1MW only represents 0.03% of all the capacity installed in the country. Currently, Costa Rica generates less than 1% of its energy production using solar power. The rest of the production is 79% Hydro, 12% Wind and 8% Geothermal.

How much does electricity cost in Costa Rica?

The electricity costs in Costa Rica are: Peak Hours = 29 cents per kwh, Off Peak Hours = 5 cents per kwh. Costa Rica's electricity rates are lower than the United States, for example, California, which is 10 cents per kwh. However, a significant factor in your actual electric bill is A/C usage. In a two bedroom 1000sqft house with two people, the monthly cost would be $125.

What is the Latin America Energy Outlook?

The Latin America Energy Outlook, the International Energy Agency’s first in-depth and comprehensive assessment of Latin America and the Caribbean, builds on decades of collaboration with partners. In support of the region's energy goals, the report explores the opportunities and challenges that lie ahead.

What data is available for the Latin America Energy Outlook 2023?

Data is available for mining, electricity generation capacity, natural gas and oil infrastructure, as well as the vulnerability of these resources and energy supply infrastructure to climate impacts in the region. This information is based on IEA analysis carried out within the framework of Latin America Energy Outlook 2023.