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COSTA MAR

Costa Mar's power surplus becomes a federal flashpoint

As dry-season reserves swell, Meridian faces pressure to resolve who profits from the isthmus's renewable abundance

Mateo Reyes1,189 wordsEdition № 70Saturday, 25 July 2026 — Edition № 70

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The reservoir behind the Presa Esperanza, Costa Mar's largest dam, sits at 94 percent capacity on a July morning when it should be falling. The rainy season has been generous this year, and the isthmus's cascade of small and medium hydro stations—fed by the same river systems that deliver nutrients to the coast—are producing electricity faster than the region can consume. The federal grid operator has asked Costa Mar to reduce output, but the region's energy minister declined. The electricity has to go somewhere.

Costa Mar produces 1,200 megawatts on average during the dry season. Its own population of 270,000 uses roughly 280 megawatts. The surplus—900 megawatts or more—flows north and east across the federal transmission network to Tierra Verde and Oriente Moderno. Under the current federal rate-setting agreement, Costa Mar receives a wholesale price of 0.14 florins per kilowatt-hour. The Federal Treasury resells the same electricity to other regions at 0.19 florins. The difference—roughly 4.5 million florins per month—stays in Meridian.

The math is simple, and it has made Costa Mar angry. Energy Minister Rodrigo Menéndez has begun saying publicly what the region's cooperative leaders say privately: the federal rate structure treats Costa Mar's renewable abundance as a subsidy to the rest of the Republic. "We are a solar and hydro powerhouse," Menéndez told the Regional Assembly in June. "We should profit from that, not underwrite the federal budget."

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