
The Electricity Law of 1994 assigns the policymaking function to an Energy Cabinet chaired by the President of the Republic with the Ministry of Natural Resources and Environment (Secretaria de Recursos Naturales y Ambiente, SERNA) as its secretary and coordinator. A regulatory agency, the Comisión Nacional de Energía (CNE), was created to take charge of, among other functions: • Supervise power sales agreements to be signed by distribution companies; [pdf]
With an installed generation capacity of 1,568 MW (2007), Honduras relies on a thermal-based power system (accounting for nearly two-thirds of its total installed capacity), which is very vulnerable to high and volatile international oil prices. [full citation needed] The generation mix is as follows:
In Honduras the residential power plugs and sockets are of type A and B. The standard voltage is 120 V and the standard frequency is 60 Hz. In Honduras, there is great potential in untapped indigenous renewable energy resources. Due to the likely long-term trend of high oil prices, such resources could be developed at competitive prices.
According to its promoter, Finnder, the small hydropower project Rio Blanco (50 MW) was the first small Clean Development Mechanism (CDM) registered in the World, with the first Certified Emission Reductions awarded in October 2005. Currently, there are eleven CDM-registered projects related to electricity generation in Honduras.
Currently, the Inter-American Development Bank is contributing funds and assistance to the following projects in the energy sector in Honduras: An Energy Sector Support Loan supported through a US$29 million credit approved in September 2008. This project will finance priority investments in transmission and support a program for reducing losses.

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Quaise, Inc was founded in 2018 to develop a drilling system for converting existing power stations to use superdeep . The system would repurpose existing technology to drill 20 kilometers beneath the surface, where temperatures exceed 400°C. No fracking would be required, avoiding the potential for in other geothermal systems. Drilling using this technique is hoped to be fast, with boreholes aime. [pdf]
US-based start-up Quaise Energy was founded in 2018 to develop a millimetre-wave drilling system for converting existing thermal power stations to use superdeep geothermal energy.
Quaise Energy | 14,283 followers on LinkedIn. Unlocking the true power of clean geothermal energy. | Quaise develops millimeter wave drilling systems for deep geothermal heat access. Our technology is the only approach in the world with the potential to build geothermal wells at unprecedented depths and temperatures.
New funding will expand field operations and secure supply chain toward clean energy abundance CAMBRIDGE, Mass., March 12, 2024 -- (BUSINESS WIRE)-- Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners.
CAMBRIDGE, Mass., March 12, 2024--Quaise Energy raises $21 M toward terawatt-scale geothermal energy. The funding will expand field operations and secure the company's supply chain.
CAMBRIDGE, Mass., March 12, 2024 -- (BUSINESS WIRE)-- Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round.
Unlocking the true power of clean geothermal energy. Quaise develops millimeter wave drilling systems for deep geothermal heat access. Our technology is the only approach in the world with the potential to build geothermal wells at unprecedented depths and temperatures.
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