• Most Popular
  • Most Shared

Panama switches on to energy-saving light bulbs

PANAMA CITY
Mon Sep 1, 2008 6:57pm EDT

PANAMA CITY (Reuters) - Panama plans to hand out 6 million energy-saving light bulbs, nearly two per citizen, to ease soaring demand for electricity and prevent future blackouts, President Martin Torrijos said on Monday.

Green Business

"Operation Light Bulb" will require the government to buy $13 million worth of fluorescent energy-saving bulbs replacing the less-efficient incandescent ones.

Following similar programs in Cuba, Venezuela, Europe and Australia, Torrijos said savings from the new bulbs would equate to constructing a 60-megawatt power plant for a tenth of the price.

In recent years Panama's energy providers have struggled to keep pace with demand caused by the country's rapid economic growth, as Panamanians buy more electrical goods.

In May, Panama City was hit by a series of electricity blackouts as demand peaked.

Panama says it is building 15 energy generation facilities to provide an additional 745 megawatts to the national grid from around 2012.

The first batch of 3 million light bulbs will arrive in Panama later this month and will be distributed for free in poor suburbs of Panama City.

(Reporting by Andrew Beatty, editing by Matthew Lewis)



More from Reuters

Photo

Fox, Time Warner Cable ink temp deal to avoid blackout

NEW YORK (Reuters) - Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like "The Simpsons" and college and NFL football games.

A customer is served at a counter inside a foreign exchange store displaying a poster of various banknotes including the Chinese yuan or renminbi (RMB) in Hong Kong November 20, 2009. REUTERS/Bobby Yip
OUTLOOK 2010:

Be careful what you wish for

Pressure on China to loosen its grip on the yuan will continue but the U.S. should tread carefully. Here are five world market issues to watch.  Full Article 

Aurora, a 20-year-old Beluga whale, swims with her newborn calf after giving birth at the Vancouver Aquarium in Vancouver, British Columbia June 7, 2009. REUTERS/Andy Clark

365 days for the doomed

From polar bears to emperor penguins, endangered species will get top online billing in 2010 during the Year of Biodiversity.  Full Article