Panama Electricity
Generation (2024)#101 World
13.43TWh+2.5% YoY
Consumption (2024)#99 World
12.41TWh+3% YoY
Generation Mix (2024)
Fossil Fuels (oil + gas + coal)
(nuclear + renewables) Low-Carbon
32%68%
Electricity Generation in Panama
- Net electricity generation in Panama reached 13.43 terawatt-hours in 2024 (#101 in the world), an increase of 2.5% from 13.11 terawatt-hours in 2023. This is equivalent to 0.04% of global electricity generation.
- In 2024, fossil fuels generated 32% (4.3 terawatt-hours) of electricity in Panama and renewables 68% (9.13 terawatt-hours).
- Panama reduced its fossil fuel use for electricity generation 2024 by 7.4% compared to 2023, with low-carbon sources (renewables) generating 68% of the total electricity.
Panama Electricity Generation Mix (2024)
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Panama Electricity Generation by Source (1980-2024)
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Electricity Consumption in Panama
- Panama consumed 12.41 terawatt-hours of electricity in 2024 (#99 in the world), an increase of 3% from 2023. This represents 0.04% of the world's total electricity consumption.
- Per capita, electricity consumption in Panama averaged 2,748.5 kilowatt-hours in 2024, equivalent to 7.53 kilowatt-hours per day (#95 in the world).
Panama Electricity Consumption (1980-2024)
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Panama Per Capita Electricity Consumption vs World Average (1980-2024)
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Installed Electricity Capacity in Panama
- Panama had a total installed electricity capacity of 4.58 gigawatts in 2024 (#96 in the world), an increase of 2% from the previous year.
- fossil fuels made up 30.6% and renewables at 69.4% of Panama's installed capacity in 2024.
- Panama's power plants ran at an overall capacity factor of 33.5% in 2024, with hydro at 44%, fossil fuels at 35.1% and wind at 32.6%.
Panama Share of Capacity vs Share of Generation by Source (2024)
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Panama Installed Capacity by Source (1980-2024)
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Electricity Imports & Exports in Panama
- Panama imported 0.13 terawatt-hours of electricity in 2024 (≈1% of consumption).
- Panama exported 0.27 terawatt-hours of electricity in 2024 (≈2% of generation).
- This made Panama a net exporter of 0.14 terawatt-hours of electricity in 2024.
Panama Electricity Imports & Exports (1980-2024)
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Grid Efficiency in Panama
- Distribution losses in Panama were 0.88 terawatt-hours in 2024, equivalent to 6.6% of total generation, down from 14.1% in 2014.
Panama Electricity Distribution Loss Rate (1980-2024)
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Electricity Balance in Panama
- In 2024, Panama generated approximately 0.04 terawatt-hours and consumed 0.03 terawatt-hours per day. This represents a daily surplus of 0.0028 terawatt-hours.
Panama Electricity Balance (2024)
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Panama Electricity History (1980-2024)
| Generation | Consumption | Capacity | Trade | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 13.43 | +2.5% | 101 | 0.04% | 12.41 | +3% | 99 | 0.04% | 2,748.5 | 4.58 | +2% | 96 | 0.05% | 0.13 | 0.27 | −0.14 | 0.88 |
| 2023 | 13.11 | +7.1% | 100 | 0.04% | 12.04 | +9.1% | 97 | 0.04% | 2,701.2 | 4.49 | +2.8% | 96 | 0.05% | 0.13 | 0.27 | −0.14 | 0.92 |
| 2022 | 12.24 | +1.1% | 103 | 0.04% | 11.04 | +5.4% | 102 | 0.04% | 2,509.1 | 4.37 | −0.38% | 94 | 0.05% | 0.07 | 0.39 | −0.32 | 0.88 |
| 2021 | 12.11 | +10.7% | 102 | 0.04% | 10.48 | +13% | 103 | 0.04% | 2,411.9 | 4.38 | +5.2% | 92 | 0.05% | 0.06 | 0.5 | −0.44 | 1.19 |
| 2020 | 10.93 | −6.1% | 105 | 0.04% | 9.27 | −7.2% | 105 | 0.04% | 2,160.3 | 4.17 | +0.85% | 93 | 0.05% | 0.12 | 0.57 | −0.45 | 1.21 |
| 2019 | 11.65 | +4% | 101 | 0.04% | 9.99 | +5.5% | 103 | 0.04% | 2,359 | 4.13 | +0.73% | 93 | 0.06% | 0.08 | 0.43 | −0.35 | 1.31 |
| 2018 | 11.2 | +1.5% | 103 | 0.04% | 9.47 | +2% | 103 | 0.04% | 2,271.5 | 4.1 | +18.9% | 93 | 0.06% | 0.01 | 0.33 | −0.31 | 1.42 |
| 2017 | 11.04 | +1.4% | 101 | 0.04% | 9.28 | +3.1% | 102 | 0.04% | 2,264.9 | 3.45 | +1.6% | 99 | 0.05% | 0.0066 | 0.32 | −0.31 | 1.45 |
| 2016 | 10.89 | +5.7% | 101 | 0.04% | 9.01 | +2.5% | 102 | 0.04% | 2,235.5 | 3.4 | +4.4% | 97 | 0.05% | 0.03 | 0.4 | −0.37 | 1.51 |
| 2015 | 10.3 | +10.8% | 100 | 0.04% | 8.79 | +8.8% | 101 | 0.04% | 2,218.9 | 3.26 | +13.7% | 96 | 0.05% | 0.02 | 0.14 | −0.12 | 1.39 |
| 2014 | 9.29 | +3.7% | 104 | 0.04% | 8.08 | +4.1% | 104 | 0.04% | 2,075 | 2.86 | +10.9% | 100 | 0.05% | 0.19 | 0.1 | 0.1 | 1.31 |
| 2013 | 8.96 | +4.1% | 102 | 0.04% | 7.76 | +5% | 103 | 0.04% | 2,028.8 | 2.58 | +5.2% | 102 | 0.04% | 0.08 | 0.07 | 0.004 | 1.21 |
| 2012 | 8.61 | +10% | 102 | 0.04% | 7.39 | +8.6% | 104 | 0.04% | 1,965.8 | 2.45 | +1.3% | 104 | 0.04% | 0.02 | 0.06 | −0.04 | 1.18 |
| 2011 | 7.82 | +5.9% | 102 | 0.04% | 6.81 | +7.4% | 103 | 0.03% | 1,842.7 | 2.42 | +21.3% | 103 | 0.05% | 0.07 | 0.008 | 0.06 | 1.08 |
| 2010 | 7.38 | +6.8% | 105 | 0.03% | 6.34 | +8% | 104 | 0.03% | 1,745.9 | 2 | +8.6% | 106 | 0.04% | 0.07 | 0.04 | 0.03 | 1.08 |
| 2009 | 6.92 | +7.6% | 103 | 0.03% | 5.87 | +2.6% | 105 | 0.03% | 1,646.3 | 1.84 | +9.5% | 103 | 0.04% | 0.06 | 0.1 | −0.03 | 1.02 |
| 2008 | 6.43 | −0.48% | 105 | 0.03% | 5.72 | +5.4% | 105 | 0.03% | 1,634.3 | 1.68 | +6.6% | 104 | 0.04% | 0.11 | 0.03 | 0.07 | 0.78 |
| 2007 | 6.46 | +7.8% | 104 | 0.03% | 5.43 | +8.3% | 106 | 0.03% | 1,579.3 | 1.58 | +6.5% | 107 | 0.04% | 0.0087 | 0.12 | −0.12 | 0.91 |
| 2006 | 5.99 | +2.8% | 105 | 0.03% | 5.01 | +3.4% | 107 | 0.03% | 1,485.3 | 1.48 | −6% | 107 | 0.03% | 0 | 0.05 | −0.05 | 0.93 |
| 2005 | 5.83 | +1.1% | 106 | 0.03% | 4.85 | +4.1% | 106 | 0.03% | 1,462.7 | 1.57 | −3.3% | 104 | 0.04% | 0 | 0.05 | −0.05 | 0.93 |
| 2004 | 5.76 | +3.3% | 105 | 0.03% | 4.66 | +6.7% | 104 | 0.03% | 1,432.1 | 1.63 | +3.3% | 102 | 0.04% | 0 | 0.13 | −0.13 | 0.98 |
| 2003 | 5.58 | +5.3% | 103 | 0.03% | 4.36 | +4.6% | 106 | 0.03% | 1,367.8 | 1.58 | +9.1% | 102 | 0.04% | 0.002 | 0.18 | −0.18 | 1.04 |
| 2002 | 5.29 | +3.3% | 104 | 0.03% | 4.17 | +4.7% | 107 | 0.03% | 1,332.5 | 1.44 | +3.4% | 105 | 0.04% | 0.04 | 0.05 | −0.01 | 1.11 |
| 2001 | 5.12 | +4.8% | 104 | 0.03% | 3.98 | +3.8% | 106 | 0.03% | 1,297.6 | 1.4 | −1.8% | 104 | 0.04% | 0.04 | 0.12 | −0.08 | 1.07 |
| 2000 | 4.89 | +11.7% | 105 | 0.03% | 3.84 | +11.9% | 105 | 0.03% | 1,274.9 | 1.42 | +20.3% | 102 | 0.04% | 0.14 | 0.02 | 0.12 | 1.17 |
| 1999 | 4.38 | +20.2% | 106 | 0.03% | 3.43 | +23.8% | 108 | 0.03% | 1,161.7 | 1.18 | +12.7% | 104 | 0.04% | 0.05 | 0.1 | −0.05 | 0.9 |
| 1998 | 3.64 | −12.8% | 109 | 0.03% | 2.77 | −12.7% | 108 | 0.02% | 957.2 | 1.05 | +6.6% | 109 | 0.03% | 0.06 | 0.03 | 0.03 | 0.9 |
| 1997 | 4.18 | +1.5% | 106 | 0.03% | 3.17 | −5.3% | 105 | 0.03% | 1,118.2 | 0.98 | +2.6% | 109 | 0.03% | 0.07 | 0.12 | −0.05 | 0.95 |
| 1996 | 4.11 | +18.1% | 104 | 0.03% | 3.35 | +16.4% | 105 | 0.03% | 1,205.3 | 0.96 | +0.21% | 109 | 0.03% | 0.08 | 0.03 | 0.05 | 0.81 |
| 1995 | 3.48 | +7% | 106 | 0.03% | 2.88 | +12.5% | 105 | 0.03% | 1,057.1 | 0.96 | +0% | 108 | 0.03% | 0.15 | 0.003 | 0.15 | 0.75 |
| 1994 | 3.26 | +3.3% | 106 | 0.03% | 2.56 | +1.3% | 106 | 0.02% | 959.3 | 0.96 | −0.21% | 108 | 0.03% | 0.03 | 0 | 0.03 | 0.73 |
| 1993 | 3.15 | +10.6% | 106 | 0.03% | 2.53 | +10.2% | 106 | 0.02% | 966.7 | 0.96 | +0.21% | 108 | 0.03% | 0.19 | 0.1 | 0.09 | 0.71 |
| 1992 | 2.85 | −2.2% | 103 | 0.02% | 2.3 | −1.9% | 105 | 0.02% | 896 | 0.96 | +0% | 105 | 0.03% | 0.21 | 0.07 | 0.15 | 0.7 |
| 1991 | 2.91 | +4.3% | 83 | 0.03% | 2.34 | +5.7% | 85 | 0.02% | 932.9 | 0.96 | +0% | 85 | 0.03% | 0.2 | 0.06 | 0.14 | 0.71 |
| 1990 | 2.79 | +4.5% | 82 | 0.02% | 2.21 | +5.2% | 85 | 0.02% | 901.6 | 0.96 | +0.53% | 83 | 0.03% | 0.2 | 0.09 | 0.11 | 0.69 |
| 1989 | 2.67 | −1.7% | 82 | 0.02% | 2.1 | −7.4% | 85 | 0.02% | 875.3 | 0.95 | +1.1% | 82 | 0.04% | 0.17 | 0.1 | 0.07 | 0.64 |
| 1988 | 2.72 | −2.1% | 82 | 0.03% | 2.27 | −2.9% | 83 | 0.02% | 965.6 | 0.94 | +0% | 82 | 0.04% | 0.23 | 0.16 | 0.07 | 0.52 |
| 1987 | 2.78 | +1.9% | 80 | 0.03% | 2.34 | +5.1% | 82 | 0.03% | 1,016.5 | 0.94 | +4.8% | 81 | 0.04% | 0.23 | 0.11 | 0.12 | 0.56 |
| 1986 | 2.72 | +9.1% | 81 | 0.03% | 2.23 | +8.6% | 81 | 0.03% | 988.8 | 0.9 | +0.56% | 82 | 0.04% | 0.1 | 0.08 | 0.02 | 0.52 |
| 1985 | 2.5 | +6.1% | 81 | 0.03% | 2.05 | +5.4% | 82 | 0.02% | 931 | 0.89 | −0.45% | 82 | 0.04% | 0.03 | 0.008 | 0.02 | 0.47 |
| 1984 | 2.35 | +1.9% | 75 | 0.03% | 1.94 | −1.2% | 81 | 0.02% | 903.9 | 0.9 | +2.2% | 81 | 0.04% | 0 | 0 | 0 | 0.41 |
| 1983 | 2.31 | +6.1% | 78 | 0.03% | 1.97 | +8% | 80 | 0.02% | 936.2 | 0.88 | +50.3% | 78 | 0.04% | 0 | 0 | 0 | 0.34 |
| 1982 | 2.18 | +8.9% | 77 | 0.03% | 1.82 | +7.8% | 81 | 0.02% | 887.3 | 0.59 | +3.7% | 87 | 0.03% | 0 | 0 | 0 | 0.36 |
| 1981 | 2 | +11.6% | 77 | 0.02% | 1.69 | +12.1% | 81 | 0.02% | 843.1 | 0.56 | −0.35% | 85 | 0.03% | 0 | 0 | 0 | 0.31 |
| 1980 | 1.79 | — | 78 | 0.02% | 1.51 | — | 81 | 0.02% | 769.8 | 0.57 | — | 83 | 0.03% | 0 | 0 | 0 | 0.28 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.