More Blackouts Ahead?

September 5, 2008

The Costa Rican Electricity Institute (ICE) has burned through more than ¢86 billion ($156 million) in diesel fuel for its power plants, which are used to cover demand not met by the nation’s hydroelectric dams and wind power. The trouble is, ICE’s diesel budget for the entire year was only ¢36 billion ($64 million), leaving the state electricity company deep in the hole. However, ICE has now asked the Public Services Regulatory Authority for another electricity rate hike to cover some of the losses. Diesel consumption has increased since low rainfall last year lowered reservoirs, causing a nationwide blackout in April 2007.

 

You may be interested

Honduran opposition protesters take to the streets
Central America
936 views
Central America
936 views

Honduran opposition protesters take to the streets

Noe Leiva / AFP - December 15, 2017

Supporters of the leftist opposition in Honduras blocked streets in various cities around that country on Friday, despite political repression,…

Of snow, kindness and Northern Lights: a Costa Rican in Manitoba, Canada
Please Send Coffee!
2001 views
Please Send Coffee!
2001 views

Of snow, kindness and Northern Lights: a Costa Rican in Manitoba, Canada

Gustavo Díaz Cruz - December 14, 2017

My mom named me Gustavo Adolfo. I was born in Puntarenas, next to the sea, but my home was in…

Response to disaster: aid successes, struggles in post-Maria Puerto Rico
Weather
1454 views
Weather
1454 views

Response to disaster: aid successes, struggles in post-Maria Puerto Rico

John McPhaul - December 13, 2017

As Costa Rica joins many other nations in looking back upon the horrendous 2017 hurricane season, longtime Tico Times contributor…