Ecuador has around 16 hydroelectric plants, including large, medium, and small-scale facilities. There are also three solar energy collection sites and three smaller wind utilization
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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
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The Energy Ministry released tenders in 2021 for a 500 MW renewable block (wind, biomass, solar), 400 MW Natural Gas Combined Cycle Power Plant (CCCP), and a Northeast Transmission System to supply the Ecuadorian oil system. The Energy Ministry has not yet awarded the contracts.
In 2022, Ecuador’s generation capacity was 8,864 MW, of which 5,425 MW (61 percent) corresponded to renewable energy and 3,438 MW (39 percent) to non-renewable energy sources (fossil fuels derived from oil and natural gas).
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. Table 1.
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.
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.
Ecuador’s mountainous terrain and numerous rivers allow for hydroelectric power generation. The launch of several large facilities since 1983 has solidified the hydropower sector's leading role in Ecuador's electricity generation mix (Table 3).
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