Costa Rica: A Global Leader in Wind Energy Innovation
Nestled between the Pacific and Atlantic oceans, Costa Rica boasts not only stunning landscapes but also a remarkable achievement in renewable energy: harnessing the power of wind. While hydropower remains its dominant renewable source, wind energy plays a crucial role, contributing to the country’s impressive 99.78% reliance on renewables in 2020.
Pioneering Efforts and Steady Growth:
Costa Rica’s journey with wind energy began in 1996 with the Tejona Wind Power Project, marking the first wind farm in Latin America. Since then, several large-scale farms have sprouted across the country, taking advantage of its mountainous terrain and consistent trade winds. Today, nine operational wind farms generate approximately 250 MW of clean electricity, powering thousands of homes and businesses.
Key Figures and Impact:
- Installed Capacity: 250 MW (representing 4% of total renewable energy)
- Number of Wind Farms: 9
- Annual Electricity Production: 500 GWh
- CO2 Emissions Saved: 400,000 tons
Beyond these impressive numbers, wind energy brings additional benefits:
- Job Creation: Construction and maintenance of wind farms generate employment opportunities in rural areas.
- Economic Development: Investment in wind energy attracts foreign direct investment and stimulates local businesses.
- Environmental Protection: By replacing fossil fuels, wind energy reduces greenhouse gas emissions and air pollution.
Costa Rica Wind Energy Statistics:
Current Status (as of 2023):
- Installed Capacity: Approximately 250 MW (compared to 3,467 MW total renewable energy)
- Number of Wind Farms: 9
- Largest Wind Farm: Tila Wind (20 MW)
- Contribution to Electricity Generation: Around 4%
- Annual Electricity Production: 500 GWh
- CO2 Emissions Saved: 400,000 tons
Historical Growth:
- First Wind Farm: Built in 1996 (Tejona Wind Power Project, 19.8 MW)
- Significant Growth: Mainly in the past decade
Potential and Future Outlook:
- High Potential: Due to mountainous terrain and trade winds
- Government’s Goal: Reach 100% renewable energy by 2050
- Challenges: Environmental impact assessments, public perception, grid integration
Challenges and Looking Ahead:
Despite its achievements, Costa Rica faces challenges in expanding wind energy. Public perception, environmental impact assessments, and grid integration pose hurdles. However, the government’s ambitious goal of achieving 100% renewable energy by 2050 keeps the momentum strong.
Largest Wind Farm in Costa Rica
As of today, February 20, 2024, the title of “largest wind farm” in Costa Rica is a bit complex, depending on how you define “largest.” Here’s a breakdown:
By Installed Capacity:
- Current Largest: Tila Wind Farm with 20 MW, located in Guanacaste province.
- Historical Largest: Orosi Wind Farm with 50 MW, built in 2016. However, it’s currently undergoing a significant expansion project expected to be completed in 2024, boosting its capacity to 150 MW, potentially making it the undisputed largest upon completion.
Other Significant Wind Farms:
- Chiripa Wind Farm: 49.5 MW capacity, also located in Guanacaste.
- Santa Ana Wind Farm: 44.5 MW capacity, located in Puntarenas province.
- Los Santos Wind Farm: 12.75 MW capacity, notable as the first built by a cooperative and connected to the national grid.
Considering Future
- Orosi Wind Farm expansion: Once completed, it will hold the top spot with 150 MW.
Therefore, depending on whether you consider current capacity or future plans, the answer could be Tila Wind Farm or Orosi Wind Farm (after expansion).
Future Outlook:
Experts predict significant growth in the wind energy sector. The expansion of the Orosi Wind Farm to 150 MW and potential development of offshore wind farms are promising signs. Continued innovation and collaboration between government, private sector, and communities are crucial to unlock the full potential of wind energy and cement Costa Rica’s position as a global leader in sustainable development.
https://www.exaputra.com/2024/02/costa-rica-wind-energy-innovation.html
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
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