How are capital costs for renewable technologies calculated in Guatemala?

The northern municipalities of Guatemala are more sparsely populated and make up a large part of the off-grid generation in our analysis. As described in Section 3.1, capital costs for renewable technologies are calculated in SEERE from the electricity demand requirements and natural resource (wind, solar, hydro) availability of a region.

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.

Which part of Guatemala has the lowest electricity usage?

Meanwhile, the western part of Guatemala has both the lowest electricity usage (Fig. 7 A) and the lowest electricity expenditure as a fraction of total monthly expenditure (Fig. 7 B), suggesting that households in this part of the country tend to rely on other sources of energy such as firewood, kerosene, propane, coal, and candles.

What impact will energy stress have on Guatemala's economy?

More importantly, we find that the distribution of impacts will not be equal everywhere: households in the western, rural part of Guatemala that are already energy stressed will likely experience the greatest cost burdens because natural resource availability is low while overall poverty is already high.

Does CMI Capital have a natural reserve in Guatemala?

In Guatemala it has a private Natural Reserve conserving approximately 200 hectares. In 2022, CMI Capital presented its Strategy with a Purpose, its business strategy focused on sustainable development. This strategy for 2030 is based on sustainable operations for sustainable solutions.

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.