AES El Salvador will invest US $52 million in 2023 to upgrade the country’s energy grid
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The energy distributors AES CAESS, AES CLESA, AES EEO, and AES DEUSEM announced their projection of investments in El Salvador of $217 million for the next five years. This includes an influx of 52 million dollars by 2023. The energy company will develop strategic projects for the modernization and expansion of the electrical network. In addition, it will allocate funds to implement state-of-the-art technologies to guarantee a world-class service to its industrial and residential customers.
AES El Salvador will expand the energy distribution system
AES El Salvador explained that, of the total investment amount, US$ 37 million will be allocated to the improvement and expansion of the electrical distribution system. This is in addition to developing conversion projects from aerial to underground networks. In addition, $15 million will be used to modernize and further integrate digitization, technology, and automation into its technical operations and business management. AES El Salvador explained that its 2023 strategic investment plan aims to guarantee a reliable, continuous, and secure service to its clients, including:
- Modernization and transformation projects of the electrical distribution network.
- Renovation of 62 thousand energy meters.
- Expansion of energy capacity in strategic points of the country.
- Development of projects to improve the quality of service.
- Acquisition of new technologies and diagnostic equipment.
- Rural electrification projects and Standardization of Lines to Third Parties (NLT).
- Connection of new clients and expansion of networks.
- Conversion of aerial networks to underground.
US$ 15 million: Digitization, technology, and automation
This year, AES El Salvador will also focus its investment on developing innovative projects to integrate more technology, digitization, and automation into its technical operations and business management. Investments in technological innovation include the following:
- Expansion of the electric vehicle fleet to 27.
- Acquisition of automated detection and communication equipment.
- Construction of smart networks.
- Expansion of AMI technology – Advanced Metering Infrastructure – to analyze customers’ energy consumption data.
- Modernization of the monitoring infrastructure of the electrical network in real-time for the detection and attention of faults in an agile and timely manner.
- Digitization and artificial intelligence in commercial self-management systems.
- Modernization of accountant and customer management systems.
AES El Salvador: Historically committed to the social and economic development
AES explained that, through its energy distribution companies, in the last seven years (2016-2022), it invested 284.2 million dollars. In addition, in line with its commitment to positively impact the country, it announced that for the next five years (2023-2027), it plans to invest 217 million dollars in improving and expanding its distribution network as digitization projects, technology and automation.
With these investments, AES El Salvador reinforces its commitment to transforming the electrical network, thus promoting the economic and social development of the country to accelerate the future of energy together with its residential, commercial, and industrial clients.
AES El Salvador is part of the global AES Group and is the leading electricity distribution company in El Salvador. AES El Salvador’s four distribution companies (AESS, CLESA, EEO, and DEUSEM) together serve more than 80% of the country’s electric power market.
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