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Référence: 20130037
Date de publication: 6 mai 2013

Promoteur – Intermédiaire Financier

INSTITUTO COSTARRICENSE DE ELECTRICIDAD (ICE)

Lieu

Description

The project involves the extension of a geothermal power generating plant with a new turbine hall, condensing steam turbine unit providing a total of 55 MWe, and the extension of production at the existing steamfield. The plant is located in north-western Costa Rica.

Objectifs

The project will provide for growing electricity demand from a renewable energy source, supporting the EU priority targets of climate change mitigation and renewable energy. The project will provide the Costa Rican electricity network with renewable energy. Transmission interconnections to neighbouring countries will allow for regional trade of produced electricity. Costa Rican electricity is produced almost totally from renewable sources, while Nicaraguan electricity generation is 65% fossil-based. This project will avoid the emission of CO2 and other harmful air pollutants from alternative fossil fuel generation at the national or regional level. The project is expected to increase Las Pailas geothermal power plant production with 410 GWh/a. The project produces base load renewable energy and production does not change significantly with the seasons or weather conditions, unlike other renewable energy plants in Costa Rica. This is an extra benefit of the project, as the majority of Costa Rican and regional renewable generation is seasonal/weather dependent.

Commentaires

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Secteur(s)

  • Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 52 million

Coût total (montant approximatif)

EUR 254 million

Aspects environnementaux

The project promoter has made the relevant studies, produced the Environmental and Social Impact Assessment (ESIA) for the Pailas 1 project and updated it for this Pailas 2 project. ESIA documentation and process has been approved by competent environmental authority SETENA. The Bank will review the ESIA process and documentation during the appraisal and ensure compliance with its environmental and social standards.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank’s Guide to Procurement.

Statut

Signé - 29/11/2013

Clause de non-responsabilité

Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

Mots-clés correspondants

Costa Rica Énergie