Abstract

Ecuador has an enormous unused potential in renewable energy, due to factors such as its location on the equator, which allows it to receive the maximum solar energy per unit of surface area, its high rainfall and the Andes mountain range, which provide it with considerable hydroelectric and geothermal resources. As a result of the relative abundance of oil from 1972 and the debt crisis that began in 1982, the development of renewable energy in the country has been discontinuous, insufficient, and has concentrated on large hydroelectric projects, which in some cases have suffered serious deficiencies. The energy transition towards the adoption of renewable energy sources is a strategic need in Ecuador, mainly due to the progressive depletion of oil reserves, which will hardly allow exports to be maintained for more than 20 years.

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