Renewables Readiness Assessment: Panama
International Renewable Energy Agency (IRENA)
Panama’s National Energy Plan 2015-2050 suggests that 70% of the country’s energy supply could be renewable after 35 years. Solar and wind developers have faced challenges with the current power-market model, which favours conventional electricity sources. Flexibility measures, combined with updated planning and operational practices, would allow cost-effective integration of these variable renewable energy (VRE) sources.