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Belize Energy Sector Diagnostic PUC 56 Figure 8 – Diagram of SIEPAC Connection The Plan Puebla-Panama Initiative for Energy Integration was devised to unify Central American countries’ electricity grids to reduce costs and the frequency of power disruptions, as well as attract private sector investment for the development of new power plants. The first stage of the project is the Sistema de Interconexion Electrica para America Central (SIEPAC). The project entails the construction of transmission lines connecting 37 million customer in Panama, Costa Rica, Honduras, Nicaragua, El Salvador and Guatemala. SIEPAC will cost an estimated $320 million and is scheduled for completion in 2006. A second goal of the project is to integrate Mexico with the Central American electricity market by constructing a 62.5 mile, 400kV transmission line between the sub-stations of Tapachula, Mexico and Los Brillantes, Guatemala. On May 30th, 2003, Mexico and Guatemala signed an energy integration accord to develop this interconnection and the line is expected to be operational by 2005. The third goal of the project is to link Belize’s electricity network with the CA system. The project entails constructing a 122 mile, 230kV power transmission line between substations in Santa Elena, Guatemala and Belize City and the initial stages of the project were tentatively scheduled to start in 2003. Belize however has adopted a “wait and see” approach. While it is going through the process of joining SIEPAC, it is not anticipating active participation in the regional market. SIEPAC will allow the member countries to trade electricity regionally. It will also allow countries with severe electricity deficits to purchase power from their neighbors, while enabling countries dependent on thermal power to gain access to CA’s abundant hydropower. The DEECP is a CARICOM based project aimed at developing regional scope to contribute to overcoming the barriers to the application, implementation and dissemination of least-cost energy efficiency technologies and to promote the efficient distribution and use of electrical energy. This is still in the proposal stage. The CREDP is a proposed five year program involving sixteen countries across the Caribbean. It aims at supporting the implementation of policies, legislation and regulations to enable RE development; improving regional RE information network; and building capacity of selected RE players in the field. As of September 2003, the new project document should have been submitted to the GEF for approval. International Trade A fourth and relatively recent sphere172 is that of international trade. Within this sphere, energy is dealt with and considered at various levels and in different forums. At the multilateral level Belize is a member of the World Trade Organization (WTO) which deals with energy under two separate agreements, specifically the General Agreement on Tariffs and Trade (GATT) which deals with international trade in goods, and the General Agreements for Trade in Services (GATS) which deals with international trade 172 for BelizePDF Image | Energy for Sustainable Development Toward a National Energy Strategy for Belize Energy Sector Diagnostic
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