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Energy

New ICE Methodology Doubles Purchase Prices for Distributed Generation Surplus in Costa Rica

October 1, 2025 No comments yet

Costa Rica’s Instituto Costarricense de Electricidad (ICE) has implemented a new methodology for purchasing surplus electricity from distributed generators. Average purchase prices rise by 111 percent and apply only to new projects. Contracts start at eight years with two optional one-year renewals. ICE will pay using two product blocks, Variable and Firm, and will price across four categories that reflect technology, geography and delivery window. ICE currently counts 1,443 distributed-generation clients with 34 MW of installed capacity.

Cannabis

Legal Update: Costa Rica Moves Toward Regulated Access to Medicinal Cannabis

June 20, 2025 No comments yet

As of June 21, 2025, Costa Rica will officially implement Technical Regulation RTCR 515:2024, marking a significant step toward the legal availability of medicinal cannabis in the country. Under this new framework, patients with a valid prescription will soon be able to access cannabis-based medicinal products through licensed pharmacies. These products may be prescribed as an adjunct to standard therapies, particularly in cases where conventional, […]

Business

Corporate Compliance 2025: Redefining Business Success

February 26, 2025 No comments yet

The rules of the game have changed. 2025 is not just another year on the calendar; it’s an opportunity for your company to elevate its vision, streamline its structure, and execute compliance with surgical precision. If you’re not ahead, you’re out. Transparency and Ethics: The New Standard Following the rules is not enough—you need to […]

Telecom

On Traps and Athletics in Telecommunications

November 17, 2023 No comments yet

Economic activities in the country and private initiatives are free, as long as they stay within the bounds of the common good… With this idea, the marathon towards the full opening of telecommunications in Costa Rica began, under Law No. 8642, initiated by the much-demonized Free Trade Agreement. One of the many concerns at the […]

Energy

Costa Rica Renewable Sources Law: Consumers will be able to generate their own energy

November 17, 2023 No comments yet

Costa Rica has allowed distributed generation for self-consumption, with incentives for generators. Costa Rica has been recognized for its effectiveness in electricity production from renewable sources. In this regard, it must be acknowledged that, after six years of producing over 98% of electricity through clean sources, a significant step has been taken with the approval, […]

Energy

Energy with a Vision for the Future

November 17, 2023 No comments yet

While in the developed world, it is evident that energy companies must evolve towards disruptive schemes that are environmentally friendly, it seems that in our country, there are sectors interested in diverting the trajectory of renewables that has characterized us as the example to follow in decarbonized economies. There is no such prosperity, as some […]