________________________________________________________________________________________________________________________
During the harvesting season , which runs from November through May , we generate electricity using bagasse and coal mainly imported from Colombia , and occasionally from the US . The energy sector is regulated by an autonomous entity called the Administrador del Mercado Mayorista , which determines which producers are brought in based on cost . If coal is included in the matrix of energy sources , it is prioritized and the producers who utilize coal are brought in to generate energy . As a result , the percentage of energy that we generate can vary , as we are called upon to generate energy based on the needs of the national grid ,” Jorge adds .
Exploring technologies
In addition to its core energy generation activities , Magdalena runs two hydrogenation plants , among other endeavors . “ These plants are operated in accordance with seasonality : they generate more during the rainy seasons when we are not harvesting , but less so during harvesting seasons in the dry months . Recently , we have entered the solar energy market where we are currently involved in two projects . The first is a 66-megawatt scheme set to come online in March 2025 and the other is a 32-megawatt project expected to be completed by June or July of the same year . We are also exploring other technologies , as there will be an important tender requiring distribution companies to commit their power and energy four years in advance , thereby promoting the development of new projects . Furthermore , we are considering a couple of projects in gas and more specifically , liquefied natural gas ( LNG ). As there are already two projects in Central America running on LNG – one in Panama and the other in El Salvador – we
94