Summary of Private Participation in The Electricity Sector
Electricity generation, transmission and distribution, previously in the hands of state-owned ENEL, were unbundled in 1998. Today, there are 10 generation companies in the National Interconnected system, 8 of which are in private hands. 100% of the hydroelectric capacity is in the hands of the public company Hidrogesa. As for transmission, it is handled solely by state-owned ENATREL, while distribution is 95% controlled by Spanish Unión Fenosa.
| Activity | Private participation (%) |
|---|---|
| Generation | 70% of installed capacity |
| Transmission | 0% |
| Distribution | 100% |
Read more about this topic: Electricity Sector In Nicaragua
Famous quotes containing the words summary, private and/or electricity:
“I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.”
—George Gordon Noel Byron (1788–1824)
“An affair wants to spill, to share its glory with the world. No act is so private it does not seek applause.”
—John Updike (b. 1932)
“Prudence and justice tell me that in electricity and steam there is more love for man than in chastity and abstinence from meat.”
—Anton Pavlovich Chekhov (1860–1904)