The plan is to implement longer terms in contracts and release energy and power demand from large customers. The Energy Plan 2015-2020 presented by the National Secretariat of Energy in Panama is broken down into two main parts: first, the Short-Term Operational Plan 2015-2019, where proposals for the period are detailed, and second, the National energy Scenarios Plan 2015-2020, including projections of fuel prices and other energy sources and demand estimates, expected changes in the energy matrix and the future role of private companies in the energy system.
Regarding the Short-Term Operational Plan 2015-2019:
“The Short-Term Plan 2015-2019 includes those investments and actions already committed to or to be initiated during the constitutional period. In particular, it contains those activities that must be carried out in compliance with the law, such as the investments made by Empresa de Transmisión Eléctrica SA (ETESA), which are binding once approved by the National Authority of Public Services (ASEP), as well as the most important projects scheduled to enter into operation or to start construction in the 2015-2019 period, such as incorporation of the generation plants based on natural gas and liquefied gas and the hydroelectric project Changuinola 2.
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