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Recovering Honduras' national electricity company is a demand of national sovereignty

By Redacción SurEconomics ·

Recovering Honduras' national electricity company is a demand of national sovereignty

For more than a decade of deregulation-minded administrations, Honduras' National Electric Energy Company (ENEE) was subjected to an operational dismantling designed to favor guaranteed contracts for private thermal power at inflated prices.

Today, the public company's accumulated deficit exceeds USD 1.8 billion, straining the national budget.

Technical and non-technical losses in the electricity distribution grid reach 38%, causing constant blackouts in the industrial hubs of San Pedro Sula and affecting residential supply. Private generation contracts approved under past administrations require the state to pay for installed capacity even when it is not used, channeling millions in public funds to oligopolistic consortia.

Restoring the ENEE's operations through a technical and comprehensive review of private generation contracts, reducing non-technical losses in the distribution grid, and recovering the state's capacity for energy planning is not an ideological act: it is the only way to guarantee affordable energy for domestic industry and Honduran households.