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Saturday, 23 December 2023 03:35

Electricity sector grows 11% in the third quarter of 2023

Written by Miguel Crespin
Electricity sector grows 11% in the third quarter of 2023 Courtesy

The Banco Central de Reserva has reported the growth of the economic sectors in El Salvador during the third quarter of 2024, and one of the sectors that grew the most was the electricity sector, which increased 11% in the third quarter of 2023.

This growth is due to the different projects that have been carried out in the country, in order to develop the energy matrix. Recently, the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), inaugurated a photovoltaic plant in Talnique, La Libertad, which had an investment of US$20 million.

In addition, in the third quarter of the year there was a 109.3% increase in electricity exports to the Central American region, which is equivalent to US$59.2 million.

Empresa Transmisora de El Salvador (ETESAL) recently put into operation two new electrical substations, one in Chalatenango at an investment cost of US$12 million, and in november another new electrical substation in Apopa, for which US$14 million was invested.

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In addition, the head of the Dirección General de Energía, Hidrocarburos y Minas (DGEHM), has presented proposals on El Salvador's adhesion to the International Atomic Energy Agency, in order to continue providing more energy options to salvadorans, which in the future will continue to ensure the growth of this economic sector.

 

Translated by: A.M

Published in Technology
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