• 3 minutes Natural gas is crushing wind and solar power
  • 6 minutes OPEC and Russia could discuss emergency cuts
  • 8 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 11 minutes Question: Why are oil futures so low through 2020?
  • 13 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 25 mins Oil and gas producers fire back at Democratic presidential candidates.
  • 6 hours Peak Shale Will Send Oil Prices Sky High
  • 40 mins "Criticism of migration will become a criminal offense.  And media outlets that give room to criticism of migration, can be shut down." - EU Official to the Media.
  • 7 hours So the west is winning, is it? Only if you’re a delusional Trump toady, Mr Pompeo, by Simon Tisdall
  • 6 hours Saudi Aramco launches largest shale gas development outside U.S.
  • 1 hour CDC covid19 coverup?
  • 2 hours Charts of COVID-19 Fatality Rate by Age and Sex
  • 15 hours Fight with American ignorance, Part 1: US is a Republic, it is not a Democracy
  • 4 hours What Is Holding Back Geothermal Heating and Cooling?
  • 1 day Democrats Plan "B" Bloomberg Implodes. Plan "C" = John Kerry ?
Alt Text

The Dark Side Of Hydropower

Hydropower dwarfs solar and wind…

Alt Text

Tajikistan’s New Hydroelectric Plant Can Benefit Entire Region

Uzbek President Shavkat Mirziyoyev offered…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Premium Content

Hydropower Provides 65% of Latin Americas Electricity Generation

Hydropower is the most popular source of renewable energy in the world, and the overall main energy source in Latin America which boasted a capacity of 153GW in 2010, providing about 65% of all electricity generated; way above the world average of 16%.

The popularity of hydropower projects in South America has grown due to rising electricity prices from other energy sources, government incentives for renewable energy projects, and large amounts of private investment.

John Targett, the vice president and executive projects director for Latin America at MWH Global, said that “the potential for hydropower growth in Latin America is significant, and current generation is impressive. As the cost of energy increases, there is a resurgence of hydro after development of some of the larger scale projects that were commissioned in the 1960s, 70s and 80s trailed off.”

According to the International Hydropower Association, (IHA) the largest hydroelectric markets include Brazil, Chile, and Columbia.

Osvaldo San Martin, president and CEO of Voith Hydro Latin America, one of the largest hydro power companies in South America, responsible for 45GW of capacity spread over 600 projects, said that “the untapped hydropower potential is still huge and renewable energy continues to be one of the region's most valuable assets. We see continued growth in Brazil, especially in the new hydropower sector.”

Brazil already generates 74% of its electricity from hydropower, and possesses the second largest hydroelectric project in the world with the 14GW Itaipu installation on the Parana River. They are currently in the middle of building the $11 billion Belo Monte project, another 10+GW plant on the Xingu River.

Construction also continues on the 3,150-MW Santo Antonio facility on the Madeira River, and according to the developers Santo Antonio Energia, should be completed in 2015. The Madeira River is also home to another hydroelectric plant, the Jirau, which will supply 3,300MW to the grid and be completed in February 2013.

By. James Burgess of Oilprice.com




Download The Free Oilprice App Today

Back to homepage




Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News