Ecuador Power Q4 2018
Ecuador's power sector will continue to expand at a moderate pace over the coming decade, driven largely byhydropower projects. In fact, hydropower is set to account for around 80% of the country's total electricity production through to2027, with the remaining 20% coming from thermal and non-hydro renewable sources. The latter sector currently has a verysmall project pipeline, which suggests limited growth in the near-term. We hold our view that growth in power demand will outpacethat of generation thus solidifying Ecuador's status as a small net importer of electricity.
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