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Electricity in Nicaragua in 2023

Low-Carbon Electricity
413 kWh/person -25
Total Electricity
806 kWh/person +6.7
Low-Carbon Electricity
51 % -13
Carbon Intensity
316 gCO2eq/kWh +36

In 2023, Nicaragua's electricity consumption illustrates a promising shift towards low-carbon energy sources. More than half of the country's electricity comes from low-carbon sources, indicating a significant commitment to sustainable energy. Among these, biofuels lead the charge, followed by notable contributions from geothermal, hydropower, and wind energy, making up almost a third of the low-carbon energy mix. Fossil fuels still account for just over a quarter of the electricity consumed, but the country imports around 21% of its electricity, which suggests room for improvement in domestic clean energy production. This energy composition reflects Nicaragua's growing dedication to reducing carbon emissions through the diversification of its energy portfolio.

Is Electricity Growing in Nicaragua?

The trajectory of electricity growth in Nicaragua shows a positive, albeit modest, upward trend. In 2023, electricity consumption reached 806 kWh per person, surpassing the previous year's record of 799 kWh per person. This modest increase signifies a steady growth in electricity usage, aligning with the country's developmental needs. However, the current low-carbon electricity generation is at 413 kWh per person, a decline from the 2021 record of 438 kWh per person. This drop in low-carbon electricity, although concerning, emphasizes the need for increased efforts to bolster clean energy generation to keep pace with rising electricity demands.

Suggestions

To further boost low-carbon electricity generation, Nicaragua can expand its existing wind energy capacity, leveraging its strong wind resources to increase sustainable power production. Drawing inspiration from successful regions, Nicaragua could explore expanding solar and nuclear energy to diversify its energy mix further. Countries like Denmark and Iowa achieve substantial portions of their electricity from wind energy, serving as models for maximizing wind potential. Additionally, regions such as Nevada, California, and Chile illustrate how substantial gains in solar energy can be achieved, indicating an opportunity for Nicaragua to tap into this inexhaustible resource. Furthermore, examining how nations like France and states like New Hampshire harness nuclear energy can provide strategies for Nicaragua to incorporate this reliable clean energy source into its mix, thus ensuring a more diversified and resilient electricity supply.

Overall Generation
Renewable & Nuclear

History

The history of low-carbon electricity in Nicaragua has seen a mix of progress and setbacks over the decades. In the 1970s and 80s, the country saw small fluctuations in hydropower, with minor gains and losses. The new millennium marked a more dynamic period with noticeable advances in various low-carbon technologies. From 2012 to 2013, significant strides were made in geothermal and wind energy, contributing to the increased shares of these sources in the energy mix. While gains in hydropower remain occasional, the consistent focus has been on diversifying green energies, including biofuels, which saw an increase in 2021. These efforts reflect Nicaragua's endeavor to transition toward a cleaner, more sustainable energy future, notwithstanding the recent drop in low-carbon electricity generation. There is a clear imperative for the country to accelerate and expand these efforts to ensure consistent growth and harness the full potential of its clean energy resources.

Electricity Imports and Exports

Balance of Trade

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