FIDE, Honduras Collaborate to Implement Energy Efficiency System
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FIDE, Honduras Collaborate to Implement Energy Efficiency System

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Anamary Olivas By Anamary Olivas | Journalist & Industry Analyst - Wed, 06/22/2022 - 20:47

The Honduran Ministry of Energy and Mexico’s Energy Efficiency Trust (FIDE) signed an agreement to design and implement a system that allows to report, measure and verify energy savings in Honduras. The collaboration is an effective example of regional collaboration toward a sustainable future.

 

The agreement aims to support Honduras and Mexico in removing 1.3 million incandescent and fluorescent lamps in homes that consume too much energy, replacing them with efficient light-emitting diode (LED) lamps. By promoting these changes, Honduras and Mexico could become more energy-efficient, which brings along a variety of benefits like reducing greenhouse gas emissions, lowering demand for energy imports and reducing electricity costs. The document was signed by the Ministry of Energy of Honduras and Erick Tejada, General Manager, the Honduran National Electricity Company, as well as FIDE’s General Director, Raúl Talán. Pedro Miguel Rosaldo, General Director, Research and Technological Development, Mexico’s Ministry of Energy (SENER) was also present.

 

"These Energy Saving Systems account for emissions produced by human beings. According to the [Paris] Agreements, they are a mandatory requirement to access resources from the various funds available from international organizations," said Rosaldo.

 

Among the commitments established, FIDE established a transfer of technology for the design of a model that can quantify electricity savings, with the trust agreeing to provide technical assistance to interpret the results. The agreement strengthens the exchange of best practices between two Latin American countries. Meeting the international criteria for investment in energy efficiency will allow the Honduran Ministry of Energy to comply with requirements to tackle climate change, as well as to contribute to the safety and reliability of its National Electricity System.

 

Collaboration on a regional level has been a benefit to the Latin American economies. This is possible due to leading organizations in the region, including the Latin American Energy Organization (OLADE) and the Inter-American Development Bank. Recognizing that national institutions have the capacity to interact and create initiatives to solve common challenges could be a huge game changer to develop the energy transition further.

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