• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours Evergrande is going Belly Up.
  • 3 hours World’s Biggest Battery In California Overheats, Shuts Down
  • 12 hours U.S. Presidential Elections Status - Electoral Votes
  • 3 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 6 hours Poland Expands LNG Powered Trucking and Fueling Stations
  • 1 day And now, hybrid electric locomotives...
  • 12 hours Ozone layer destruction driving global warming
  • 1 day The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 11 hours The coming Cyber Attack
  • 11 hours Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 14 hours 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers
  • 1 day The Painful Death of Coal
The Dark Side Of Hydropower

The Dark Side Of Hydropower

Hydropower dwarfs solar and wind…

China Eyes Hydropower Projects Around The World

China Eyes Hydropower Projects Around The World

China produces nearly a third…

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




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News