Electricity in Nicaragua in 2023
Global Ranking:
#105
51.3% #71 Low-carbon electricity
806.02
kWh #157 Generation / person
In 2023, Nicaragua's electricity consumption displays a notable effort in incorporating low-carbon, or clean, energy sources. More than half of the electricity, around 51%, comes from these low-carbon sources, highlighting the nation’s commitment to sustainable energy solutions. Within this category, biofuels constitute roughly 16%, geothermal around 13%, hydropower almost 12%, and wind energy stands at just over 10%. On the other hand, fossil fuels account for slightly more than a quarter of the electricity consumed, which still signifies a significant dependence on non-sustainable sources with adverse effects such as climate change and air pollution. Additionally, net imports make up 21% of the electricity consumption, indicating a need to bolster domestic generation capabilities.
Suggestions
To further boost the low-carbon electricity share, Nicaragua could focus on expanding wind energy production. This would replicate successful strategies seen in countries with significant wind contributions, such as Denmark, where wind energy accounts for more than half of its electricity generation. Despite geographical differences, the robust expansion seen in Uruguay and Ireland, with 28% and 32% wind energy respectively, also offer valuable insights and potential pathways for Nicaragua. Exploring such models presents an opportunity for Nicaragua to decrease reliance on imports and fossil fuels by harnessing its wind energy potential more effectively.
History
Historically, Nicaragua's journey towards low-carbon electricity has experienced several pivotal moments. From the early geothermal developments in the mid-1980s with gradual increases, to more recent wind energy advancements starting in 2013, each decade has seen an adaptation to different clean energy technologies. The country has experienced fluctuations in hydropower contributions since the early 1970s, while biofuels have seen a notable increase in the last few years. These historical shifts indicate a growing recognition and adoption of sustainable energy sources, setting a foundation for continued growth in low-carbon electricity generation in the foreseeable future.
Electricity Imports and Exports
Balance of Trade
Data Sources
For the years 1971 to 1975 the data source is
World Bank.
For the years 1976 to 1978 the data sources are
World Bank
and
IEA (imports/exports).
For the year 1979 the data source is
World Bank.
For the years 1980 to 1982 the data sources are
World Bank
and
IEA (imports/exports).
For the years 1990 to 1999 the data source is
IEA.
For the years 2000 to 2012 the data source is
Ember.
For the years 2013 to 2016 the data source is
IEA.
For the years 2017 to 2023 the data source is
Ember.