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Project information

Study on the economic feasibility of the Copalar hydroelectric plant

T. Gómez Á. Baíllo

November 2003 - February 2004

Funding entity Hydrocopalar MidAmericas Ltd.


This study analyses the economic feasibility of building a new 350 MW hydroelectric plant named Copalar located at Nicaragua. The methodology quantifies a set of key factors that could affect energy sales from the Copalar plant. Some of these factors are:

- the evolution of the Regional Electricity Market in Central America and the construction of the interconnection project SIEPAC,
- the different generation expansion options and potential competitor plants in Nicaragua and also in Central America,
- the evolution of the electricity load growth in the region,
- and the different alternatives for Copalar to make energy sale contracts related to the evolution of electricity prices in the wholesale regional market.


COPALAR