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.
