Wednesday 29 May 2024

Flood Threat of Lake Arenal

Paying the bills

Latest

Costa Rica under “green alert” due to tropical wave

QCOSTARICA -- The Comisión Nacional de Emergencias (CNE)  -...

Tropical Wave #4 arriving Wednesday to increase rains

QCOSTARICA -- The national weather service, the Instituto Meteorológico...

“Outlets” under the microscope

QCOSTARICA -- A series of irregularities in consumer information...

ICE affirms that electricity rates for 2025 will not increase!

QCOSTARICA -- Despite reports in several local news outlets...

Half of Costa Ricans use television as their main source of entertainment

QCOSTARICA -- On average, people in Costa Rica dedicate...

Students return to classes in Honduras

Q24N -- Thousands of Honduran students returned to school...

Almost 10 million young people are unemployed in the region

Q24N (La Estrella) A report from the Banco de...

Dollar Exchange

¢521.50 BUY

¢525.05 SELL

29 May 2024 - At The Banks - Source: BCCR

Paying the bills

Share

20031127_162241 Arenal dam
QCOSTARICA – 2015 has been wetter than usual in Costa Rica, which has been good news for many areas, and has been bad news for the Northern Zone and Caribbean coast, due to road damage and flooding.

Now there is another good / news bad news scenario, according to a TEC University investigation.

According to the study, the Arenal dam is 9 metres above its projected level and could flood if certain steps are not taken.

- Advertisement -

Carlos Roldán told CRhoy.com that the ICE power production division could lose between US$30 million and US$50 million dollars.  However, Luis Pacheco, Electricity Manager for ICE, stated that the entity is taking steps to eliminate the threat of flooding. And categorized the overfilled reservoir as a “strategic asset” for the future.

Costa Rica and Panama have both been exporting surplus power to Central American countries, which has resulted in a reduction of the price those countries will pay for power, Roldán estimates losses of US$11 million dollars over the next few months if the price per Megawatt Hour hovers around US$50, instead of the US$93 it has traditionally commanded.

Article by iNews.co.cr, with editing by the Q.

- Advertisement -
Paying the bills
Rico
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Costa Rica under “green alert” due to tropical wave

QCOSTARICA -- The Comisión Nacional de Emergencias (CNE)  - National Emergency...

Tropical Wave #4 arriving Wednesday to increase rains

QCOSTARICA -- The national weather service, the Instituto Meteorológico Nacional (IMN),...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Discover more from Q COSTA RICA

Subscribe now to keep reading and get access to the full archive.

Continue reading