Economy Politics Country 2025-12-22T16:08:12+00:00

Panama launches tender to secure electricity supply until 2038

The state-owned company Etesa has announced a long-term tender for electricity procurement, targeting existing power plants. The goal is to ensure a stable electricity supply until 2038, encouraging a shift to cleaner fuels and strengthening the role of renewable energy sources.


Panama launches tender to secure electricity supply until 2038

Panama makes another important move on the energy chessboard. With the aim of guaranteeing stable and sufficient electricity for the coming years, the electricity transmission company Etesa has officially launched the long-term electricity supply tender 01-26, aimed at existing generation plants in the country. This tender seeks energy contracts that start in 2026 and extend until 2038, depending on the type of technology. In simple terms: the State wants to secure the electricity that Panama will need in the future in advance, without improvisations or blackouts. One of the most important points of the process is that thermal power plants currently operating on liquid fuels, such as bunker C or diesel, will only be allowed to participate if they commit to migrating to cleaner fuels like natural gas or liquefied gas within a maximum period of 36 months. This process is part of a tender schedule published by the Ministry of Energy, designed to allow the country to plan its energy growth in advance and avoid surprises. Amidst an economy that demands more and more energy, Panama is betting on ordering its electrical future from now on, seeking stability, clear rules, and a gradual transition to cleaner sources. The message is clear: yes to energy, but with a more responsible transition. There will also be room for natural gas combined cycle plants and firm-power hydroelectric plants, which will be eligible for contracts from 2028 to 2036. Meanwhile, hydroelectric, wind, and solar plants will have the door open for contracts from 2026 until 2036, reinforcing the role of renewable energy in the national matrix. On the buying side will be the country's three large distribution companies: Edechi, Edemet, and Ensa, responsible for delivering electricity to Panamanian homes, businesses, and industries. According to the schedule, an informational meeting will be held in January, and offers must be submitted in March.