Long-term scenario alternatives and their implications: LEAP model application of Panama׳s electricity sector

Panama recently enacted a new law, which aims to promote wind energy by mandating long term power purchase tenders. The implications of this new law lend some uncertainty to Panama׳s electricity development pathway. This paper quantitatively analyzes the current status of power generation in Panama, and explores various potential future scenarios and the associated impacts on the system marginal cost, global warming potential, and resource …