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Ecuadorian electrical system: Current status, renewable energy and projections

Abstract:

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. State policies are analyzed, as well as the opportunities for development in renewable energies offered by the reform of the Organic Law of the Electric Power Public Service. Additionally, the roadmap is presented, which includes an increase in the levels of renewable energies and a decrease in fossil fuels in consideration of the growing demand for electrical energy with a view to 2050 in accordance with the state approaches defined in recent years. It is considered that the total 100% renewable installed capacity by 2050 is 26,551.18 MW compared to 11,306.26 MW in 2020 between renewable and non-renewable. It is expected that the current legal framework will continue to articulate strategies for a greater penetration of renewable energies, that national purposes be achieved and international agreements celebrated both regionally and globally be fulfilled, so it is important that sufficient resources are allocated to achieve this long-awaited energy transition in Ecuador.