Electricity in Guatemala in 2022

In 2022, electricity consumption in Guatemala was characterized by a promising share of low-carbon sources. Approximately two-thirds of the country's electricity was generated from clean energy sources, with hydropower being the most significant contributor at nearly 39%. Biofuels also played a role, adding around 22% to the low-carbon mix, while wind, geothermal, and solar together contributed about 7%. On the other hand, fossil fuels accounted for a little over 32% of electricity generation, with coal being the dominant fossil source at 26%. The reliance on these polluting energy sources contributes to climate change and air pollution, underscoring the need for further development of clean energy in the country.

Suggestions

To enhance low-carbon electricity generation, Guatemala could take cues from countries that have successfully expanded their clean energy infrastructures. For instance, Denmark and Uruguay have made significant strides with wind power, generating more than half and a third of their electricity, respectively, from this source. Additionally, countries in similar geopolitical regions, like Chile, have achieved significant solar energy contributions, reaching about 22%. This data suggests that Guatemala could focus on expanding its wind and solar capacities, taking advantage of its natural conditions to harness these sustainable energy sources effectively. Furthermore, exploring the potential for nuclear energy, as seen in countries like France and Slovakia, could provide a more stable and continuous clean energy supply.

History

Historically, Guatemala has seen various changes in low-carbon electricity generation, particularly with hydropower and biofuels. During the late 1980s and 1990s, there was a consistent increase in hydropower, with notable years being 1986 and 1990. The early 2000s continued this trend until disruptions caused slight declines in specific years, such as 2009 and 2015. The late 2010s marked both rises and setbacks in biofuel contributions, with increases in 2018 but a slight decline in 2020. These fluctuations indicate the potential for further investment in stable and reliable low-carbon energy sources, ensuring a significant decrease in reliance on fossil fuels for a more sustainable and green future for Guatemala.

Electricity Imports and Exports

Balance of Trade

Data Sources