Guatemala Energy Storage Project and Demand Response

The US industry installed 1,067MW of energy storage in Q4 2022, but just 48MW of those were categorised as commercial and industrial (C&I) or community-scale projects, according to a recent report from Wood Mackenzie Power & Renewables. Adding up to 195MW total in that category for the whole of 2022, versus 593MW of residential deployments and … The US industry installed 1,067MW of energy storage in Q4 2022, but just 48MW of those were categorised as commercial and industrial (C&I) or community-scale projects, according to a recent report from Wood Mackenzie Power & Renewables. Adding up to 195MW total in that category for the whole of 2022, versus 593MW of residential deployments and …

How much electricity does Guatemala need?

We estimate future electricity demand based on Guatemala's residential electricity demand in year 2018 and its historical growth in total electricity demand. Specifically, residential electricity consumption was an estimated 3.7 TWh per year in 2018 (IEA, 2021), or roughly one-third of the country's total electricity demand.

Why is Guatemala so dependent on firewood?

The top domestic priority is to address growing residential energy demands. Such demands are leading Guatemala to become highly dependent upon firewood. Guatemala is projected to generate 60% its domestic electricity from renewable energy sources by 2027.

How will Guatemala's energy matrix change?

Guatemala has become highly dependent upon hydrocarbons such as petrol and its derivate. However, local authorities have implemented significant measures to change the country’s energy matrix, promoting other sources of energy production. Future outlooks suggest that this shift will include both clean and renewable energy.

Is electricity demand price inelastic for existing electricity consumers in Guatemala?

We assume electricity demand is price inelastic for existing electricity consumers in Guatemala – that is, consumers do not decrease electricity consumption when electricity prices increase.

Could energy poverty be impacted by energy development goals in Guatemala?

These are costs that could further burden electricity consumers if not managed efficiently. The government of Guatemala – as well as other governments of transitioning economies – can use frameworks like the one introduced here to better understand how electric sector development goals could impact energy poverty in their countries. 6.1.

How was the energy profile developed in Guatemala?

The Guatemala Energy profile was developed in three main stages. During the first stage, energy data and statistics were compiled from primary sources which included the Ministry of Mines and Energy (MEM), the Energy Authority (AMM) and the National Electricity Commission (CNEE).

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