Renewable Energy

Honduras's Opportunity Electricity Market (MEO), created in 2019, is drawing fresh investment in power generation; by May 2026 it supplied 16.62% of national production through 39 plants, though faster payments to generators have increased Enee's purchase costs.

The president of Honduras's renewable energy association says the recent electricity rate increase stems from global fuel prices rather than non-renewable generators, and calls for greater investment in clean energy to reduce dependence on imported fuel.

Gerardo Salgado, an adviser to Congress's Energy Commission, also serves on the board of the Honduran Renewable Energy Association, which is pushing Congress to include microgrids and macrogrids in the upcoming electricity-sector reform—provisions not in the commission's original draft but potentially to be added during final debate.

Renewable-energy generators say that once Congress approves planned reforms to Honduras's electricity sector, investment opportunities will expand significantly.

The European Union's ambassador to Honduras endorsed proposed reforms to the country's electric industry law, saying the model mirrors European approaches and would improve service while lowering tariffs through renewable-energy incentives.

The European Investment Bank has offered up to 15 billion lempiras (roughly $600 million) to finance Honduras's transmission networks and renewable energy, EU Ambassador Gonzalo Fournier announced at a meeting with Congress leaders.