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El Salvador eyes renewables push
By Eproint
El Salvador signed a framework agreement with the International Renewable Energy Agency (IRENA) that will see the two parties work closely to drive the Central American country’s national decarbonisation efforts in support of climate and economic development objectives. The agreement was signed during the 12th Assembly of IRENA by Ms Alexandra Hill Tinoco, President of the Assembly and Foreign Minister of El Salvador, and Director-General Francesco La Camera.El Salvador is in the process of implementing a new long-term national energy policy 2020 – 2050, which aims to reduce electricity tariffs in the country by prioritising renewables over fuel imports and facilitating the removal of subsidies from electricity towards the end of the policy period. El Salvador is increasingly turning to indigenous renewable sources of energy such as hydropower, biomass, solar PV and geothermal energy. In 2019, more than two-thirds of the country’s total energy supply came from imported fossil fuels.
In recent years, solar PV, wind and as well as other renewable technologies have boomed in El Salvador as the country looks to move away from traditional energy sources seen as compromising the country’s socioeconomic future.
Under the agreement IRENA and El Salvador will work towards implementation of recommendations put forward under the recently published Renewable Readiness Assessment (RRA) and the energy component of the updated Nationally Determined Contributions presented at COP26. IRENA and El Salvador will also collaborate within the framework of the Energy Transition Accelerator Financing (ETAF) Platform to identify national projects suitable for financing as the country works towards the achievement of its goals.
The promotion and production of geothermal energy in El Salvador will be a key area of focus. Despite a long tradition of geothermal energy use, its development has slowed in recent years with a limited number of new projects for power generation or heating applications brought online. Knowledge exchange, modifications to national policy frameworks and the facilitation of for projects will be key features of the partnership.
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In El Salvador, Practice Head Edy Guadalupe Portal is a partner at Eproint and has more than 25 years of experience in Intellectual Property. Since 1995, she has been recognized as the Salvadoran voice of Intellectual Property protection for always informing the IP community about changes to IP law and international treaties.
During her career, Mrs. Portal has helped numerous international law firms and in-house counsel with all facets of their IP matters in El Salvador and Central America. Her extensive practice includes work in trademarks, patents, industrial designs, utility models, copyrights, unfair competition, foreign investment, regulatory law/health registrations, licensing, franchising, appellations of origin, geographical indications, IP litigation, fashion law, new technologies, data privacy, cybersecurity, domain names, entertainment law, advertisement law, trade secrets, valuation of intangibles, and IP due diligence. She is also recognized for the great anti-piracy and anti-counterfeiting results she has delivered for her clients. She also helps coordinate Latin America Intellectual Property Protection for the firm.