Norway Stands Firm: Declines Costa Rica’s Request for Oil and Gas Exploration Studies
Norway has officially declined a request from Costa Rica to assist in oil and gas exploration studies.
Norway has officially declined a request from Costa Rica to assist in oil and gas exploration studies.
Costa Rica is currently grappling with a significant downturn in its green energy production.
Costa Rica, once boasting an impressive 99% renewable energy generation, has seen its figures dwindle to 94.91% in 2023.
A looming crypto law, as discussed by Jan3, a leading crypto tech firm, threatens to curtail the freedom to use Bitcoin for everyday transactions.
Currently, the proposal for the new hydroelectric plant remains in the conceptual phase, with pre-feasibility studies yet to be conducted.
This significant achievement places the Central American jewel at the impressive 12th position, outshining giants such as the United States and Germany.
David McCourt, a figure synonymous with innovation in the telecommunications realm, has cast a spotlight on this Central American nation.
By 2032, the nation plans to augment its energy park by an impressive 675MW, backed by an estimated investment of US$1.5 billion.