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Renewable energies in the Andean Region . Peru, Bolivia, Colombia and Ecuador. Energy cooperation between Finland and Andean region. Finnish Ministry of Foreign Affairs will launch a renewable energy and energy efficiency program for the Andean countries (Peru, Bolivia, Colombia and Ecuador)

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Renewable energies in the Andean Region


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    1. Renewable energies in the Andean Region Peru, Bolivia, Colombia and Ecuador

    2. Energy cooperation between Finland and Andean region • Finnish Ministry of Foreign Affairs will launch a renewable energy and energy efficiency program for the Andean countries (Peru, Bolivia, Colombia and Ecuador) • The program offers good opportunities for Finnish know-how and technology providers • Budget of the program is 6,2 million EUR for 3 years • The Andean energy project will be launched in Lima, Peru on 7th of March, 2011

    3. Renewable energies in Latin America Source: AEA

    4. Hydroelectricity potential in Latin America Regionalenergymatrix: Hydroelectricitypotential in Latin America • Potential used: • Hydroelectricity: 22% • Others: 4.2% Source: Latin American Energy Organization, OLADE

    5. Basic facts - Peru • GDP: 129 Billion USD • GDP growth: 0,9 % (2009) and 3,4 % (2010) • Population: 30 Million • GDP (PPP) per capita: 8,500 USD • Ease of doing business: 36 (2010) (2nd in Latin America after Mexico) • Inflation: 2,9 % • FDI: 5 Billion USD (2009) • Exports: 34 Billion USD (2008) • Imports: 22 Billion USD (2008) • Main export goods: minerals, petroleum, fish, agricultural products, textile, wood, furniture • Main export countries: USA, China, Switzerland, Canada, Japan, Germany • Main import countries: USA, China, Brazil • Finnish exports to Peru: 93 Million USD (2008) Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

    6. Energy generation in Peru Energy generation capacity • Peru’s energy generation capacity is 7158 MW, almost half of this is hydro power • Hydropower 45% (2008) • Thermoelectric 55% (2008) • almost entirely natural gas, only a small fraction is carbon and gasoline Renewable energies • Peru recently auctioned 17 hydro power plants • There is an energy integration agreement with Brazil with plans to establish up to 6 000 MW of hydro power • 172 MW of wind power, 80 MW solar power and 27 MW biomass was auctioned in 2010 • 1000 MW more renewable energy projects to be auctioned • By law, within a couple of years 5 % of the energy has to be renewable. As Peru’s economy is growing and energy consumption as well, it will need to continue promoting renewable energies and auctioning new projects. Source: Business News Americas , Ministerio de Energía y Minas de Peru

    7. Renewable energy investments in Peru Portfolio of carbon emission reduction projects Renewableenergyinvestments Source: FONAM, September 2010, Business News Americas

    8. Basic facts - Bolivia • GDP: 17,6 Billion USD (2009) • GDP growth:2,8 % (2009) and 3,4 % % (2010) • Population: 9,8 Million • GDP (PPP) per capita: 4,700 USD (2009) • Ease of doing business: 149 • Inflation: 3,3% • FDI: 500 Million USD (2008) • Exports: 6,448 Billion USD (2008) • Imports: 4,641 Billion USD (2008) • Main export goods: natural gas, soybeans and soy products, crude petroleum, zinc ore, tin • Main export countries: Brazil, US, Japan, Colombia, South Korea, Peru • Main import countries: Brazil, Argentina, US, Chile, Peru (2009) • Finnish exports to Bolivia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

    9. Energy generation in Bolivia Energy generation capacity • Bolivia’s  energy generation installed capacity is 1400 MW • Petroleum /gasoline 43,45 % (2007) • Natural gas 37,42% (2007) • Hydropower 4,69% (2007) • Biomass 14,43% (2007) Renewable energies • Bolivia does not yet have wind or solar energy generation installed • Bolivia is seeking to do feasibility studies for the installation of solar and wind power projects • There are several hydro energy projects on the way • A lot of interest in the wind energy projects • Nearly half of the population in Bolivia (3.1 Million people) live in rural areas, most without access to conventional energy sources Source: CINER (Centro de Información en energías renovables), Ministry of Mining and Energy

    10. Renewable energy investments in Bolivia . Source: Business News Americas

    11. Basic facts - Colombia • GDP: 232.4 Billion USD (2009) • GDP growth: 0.8% (2009) • Population: 45,6 Million • GDP (PPP) per capita:9,300 USD (2009) • Ease of doing business: 39 • Inflation: 4.2% (2009) • FDI: 10 Billion USD (2008) • Exports: 38.54 Billion USD (2008) • Imports: 37.56 Billion USD (2008) • Main export goods: petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut flowers • Main export countries: US, Venezuela, Netherlands (2009) • Main import countries: US, China, Mexico, Brazil, France, Germany (2009) • Finnish exports to Colombia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

    12. Renewable energies in Colombia • The actual electricity generation capacity in Colombia is 13.455 MW • This is constituted of • Hydraulic energy: 63.92 % • Thermal (gas): 27.41% • Thermal (carbon): 5.2 % • Small hydropower: 3.08 % • Mini-gas: 0.17 % • Cogeneration: 0.15 % • Wind: 0.07  • The electric power demand is projected to grow to substantially by 2014. The government is looking for private investors to develop the projected generation needs of an additional 3,000 MW, mainly in hydro facilities. Source: Acción Social, Ministerio de Minas y Energía de Colombia

    13. Renewable energy investments in Colombia Source: Business News Americas

    14. Renewable energy investments in Colombia Source: Business News Americas

    15. Basic facts - Ecuador • GDP: 110,4 billion USD (2009) • GDP growth: 7.2% (2008) • Population: 14,6 Million • GDP per capita: 7,600 USD (2009) • Ease of doing business: 130 • Inflation: 8.4% (2008) • FDI: 1 Billion USD (2008) • Exports: 19.15 Billion USD (2008) • Imports: 17.78 Billion USD (2008) • Main export goods: petroleum, bananas, cut flowers, shrimp, cacao, coffee, hemp, wood, fish • Main export countries: US, Peru, Chile, Panama, Colombia, Russia (2009) • Main import countries:US, Venezuela, Colombia, China, Brazil (2009) • Finnish exports to Bolivia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

    16. Renewable energies in Ecuador • Generation capacity in the country • 4,946.46 MW • 2,161.13 MW are renewable energies (43.69% of total) • Renewable energies used • Hydro power 95.20% • Biomass 4.69% • Wind power 0.11% • Solar power only 0.000923% Source: Business News Americas, CONELEC, La Corporación para la Investigación Energética CIE

    17. Renewable energy investments in Ecuador Source: Business News Americas .

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