Is there a potential for electricity generation in Ecuador?

Based on what has been described, it is identified that there is a high potential for electricity generation in Ecuador, especially the types of projects and specific places to start them up by the central state and radicalize the energy transition.

Why is the Ecuadorian electricity sector considered strategic?

The Ecuadorian electricity sector is considered strategic due to its direct influence with the development productive of the country. In Ecuador for the year 2020, the generation capacity registered in the national territory was 8712.29 MW of NP (nominal power) and 8095.25 MW of PE (Effective power). The generation sources are presented in Table 1.

What is the contribution of hydroelectric power in Ecuador?

This becomes an important strategic component within the Ecuadorian electricity production system. However, analyzed source by source, the greatest contribution is hydroelectric with 5064.16 MW of effective power of the total of 5254.95 MW, which implies 96.36% of the total renewable energy.

Does Ecuador have an electricity market?

In this research, an analysis of the electricity market in Ecuador is carried out, a portfolio of projects by source is presented, which are structured in maps with a view to an energy transition according to the official data provided.

How much power does Ecuador need a year?

Electricity demand grows by 200 MW every year, meaning Ecuador should add 250 MW or 300 MW of new power generation each year. However, Ecuador has added minimal additional generation in the last three years.

How much wind energy does Ecuador have?

4.2.3. Wind energy According to the wind atlas of Ecuador [36, 39], in the useable areas, the average annual wind speeds exceed 7 m/s at 3000 m above sea level, indicating a feasible potential of 891 MW in the short term, which would be added to the 21.15 MW of power in service (16.5 MW on the mainland, and 4.65 MW on the insular region).