El Salvador Energy Storage Power Company

How does EDP work in El Salvador?

By shifting a significant amount of power supply to natural gas, EDP reduces El Salvador's reliance on diesel and heavy fuel oil-fired power generation, offsetting 600,000 tons of carbon dioxide emissions per year, and provides grid support to facilitate more renewable energy penetration, further diversifying the country's energy mix.

Why is the El Salvador power project important?

The power project, which began taking shape in 2013, is important for El Salvador because it offers cleaner energy production, replacing heavy fuel oil for power generation while offering flexibility the country needs to support the addition of more renewable energy resources to the national power grid.

Why is El Salvador a big importer of electricity?

El Salvador currently imports about one-quarter of the country’s total electricity, making it the largest importer of electricity in Central America. Government officials have said the heavy reliance on imported power creates energy security risks, along with providing an economic challenge.

What is a 378-megawatt energy plant in El Salvador?

Located in the Municipality of Acajutla, Sonsonate, the 378-megawatt project is an LNG-to-power facility that will supply approximately 30% of the energy demand of El Salvador and contribute to the diversification of the country’s energy mix through new clean energy generation and reduced reliance on heavy fuel oil and imported diesel.

How does electricity work in El Salvador?

From there, the gas powers 19 internal combustion engines and waste heat feeds one steam turbine. Two 230-kV electric transmission lines, one of which connects to the Central American Electrical Interconnection System, provides added grid reliability to the region and opens further opportunities for renewable energy in El Salvador.

How much money will EDP bring to El Salvador?

The transformative infrastructure project brings approximately $1 billion foreign direct investment for El Salvador. U.S.-based Invenergy is the majority shareholder of EDP and has led the development of the project in partnership with El-Salvador based partners Grupo Calleja, VC Energy de Centroamerica and Quantum Energy.