IBOV 185,146.69 ▼ 0.26% IPSA 11,289.90 ▼ 0.71% IPC MEX 64,814.97 ▼ 0.39% MERVAL 3,107,396 ▼ 0.09% COLCAP 2,580.41 ▼ 0.14% BVL PERÚ 60,702.89 ▼ 1.24% USD/BRL5.12▲ 0.13% USD/MXN16.98▲ 0.51% USD/CLP937.22▲ 1.03% USD/COP3,105▼ 0.37% USD/PEN3.36▲ 0.12% USD/ARS1,514▼ 0.02% USD/UYU40.24▲ 3.05% USD/PYG5,868▲ 2.26% USD/BOB12.36▲ 1.91% USD/DOP58.63▲ 0.22% USD/CRC447.58▲ 1.69% USD/GTQ7.63▲ 3.04% USD/HNL26.85▲ 0.57% USD/NIO36.62▲ 0.34% USD/VES825.67▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.40% EUR/BRL5.96▲ 0.94% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,146.69 ▼ 0.26% IPSA 11,289.90 ▼ 0.71% IPC MEX 64,814.97 ▼ 0.39% MERVAL 3,107,396 ▼ 0.09% COLCAP 2,580.41 ▼ 0.14% BVL PERÚ 60,702.89 ▼ 1.24% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 10, 2026

Energy Dilemma: Costa Rica’s Battle with Drought and Rising Demand

By · May 9, 2024 · 2 min read

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Costa Rica stands at a critical crossroads, facing an energy crisis reminiscent of challenges not seen since 2007.

This week, the nation’s energy authority sounded alarms about potential power cuts.

Triggered by an intense El Niño, the severe drought has dramatically decreased rainfall, pushing the country’s electricity supply to the brink.

Renowned for its lush landscapes and commitment to renewable energy, Costa Rica depends heavily on hydroelectric power.

This source constitutes about 70% of the energy matrix. The drought has critically lowered reservoirs, threatening constant power supply.

The Costa Rican Electricity Institute (ICE) has warned that without imminent rain, energy rationing may be necessary.

President Rodrigo Chaves is seeking solutions, hoping for daily rain and contacting neighboring countries for energy, despite their shortages.

Energy Dilemma: Costa Rica's Battle with Drought and Rising Demand.
Energy Dilemma: Costa Rica’s Battle with Drought and Rising Demand.
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A 9% surge in energy use, largely from air conditioners in tourist regions, exacerbates the issue, driven by El Niño-induced heat.

Roberto Quirós, ICE’s Electricity Department manager, highlights the scant options available.

He points out that unpredictable wind patterns have disrupted wind power generation, further complicating the energy scenario.

Additionally, past policy decisions have hindered new power generation projects, increasing the nation’s vulnerability to shortages.

Energy Dilemma: Costa Rica’s Battle with Drought and Rising Demand

As the government aims to maintain a nearly entirely clean energy matrix, some sectors deem the focus on purely renewable sources as unrealistic.

Concurrently, the Public Services Regulatory Authority has issued a stark warning.

Without imminent rainfall, rationing could start as early as this Friday, impacting both households and businesses.

This situation arises as President Chaves commemorates his second year in office, amid growing pressure from citizens expecting reliable electricity.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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