When will Ecuador start constructing a solar power plant?
In , the Energy Ministry released tenders 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. From these tenders, only the Villonaco project has started construction as of August .
Where does Ecuador's electricity come from?
Ecuador’s state-owned electricity company, CELEC EP, imports electricity from neighboring Colombia. CELEC is also increasing diesel purchases from Petroecuador to power its thermal electric power plants. Ecuador had a peak demand of 5,110 MW in May , and according to CENACE, electricity demand grows by 360 MW every year.
Does Ecuador need a new energy source?
Ecuador urgently needs to accelerate new investments in power generation capacity and diversify its electricity sources. The Energy Ministry announced plans to add 541 MW in thermal generation in including the rental of three barges (300 MW), Salitral project (100 MW), Quevedo project (50 MW), and Esmeralda’s project (91 MW).
Will Ecuador get a nuclear power plant?
In May , Ecuador became a member of the International Atomic Energy Agency (IAEA). The next step is to enact the legal framework to oversee and regulate nuclear energy. Only after the legal framework is in place could the Energy Ministry issue a public procurement for the first nuclear power plant in Ecuador.
Can Ecuador add nuclear energy to its energy mix?
Ecuador is also exploring opportunities to add nuclear energy to its energy mix, though it has not allocated budgetary resources to this sector. Ecuador’s nuclear energy plan contemplates a 300 MW small modular reactor in the medium term and a 1 GW reactor in the long term.
Will Ecuador's energy shortage cause a recurrence of power outages?
Ecuador’s energy shortage could result in a recurrence of power outages, particularly in the dry season of September through December. Ecuador has added minimal generation in recent years. In , the Energy Ministry awarded two projects to the private sector: a 110MW wind farm (Villonaco), and a 200MW solar plant (El Aromo).
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