Ecuador Power Q3 2018
Hydropower has emerged as Ecuador's key power generating source at the expense of thermal facilities and we forecastthis trend to strengthen a over the coming decade. By 2019, hydropower is expected to account for more than 80% of the country'stotal power output and we anticipate this share to stay largely stable until 2027. Meanwhile, the country's non-hydrorenewables sector will remain small and underdeveloped. Capacity additions in the power sector are expected to lag behind theconsumption growth, which will turn Ecuador into a small net importer of electricity through to 2027.
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