On the surface, Ecuador's reliance on hydroelectric projects seems to be fulfilling the promise via 2008 Constitution clean energy
. However, when compared to the decade of delays faced by hydroelectric initiatives, these new renewable sources have the potential to cement themselves as future sources of electricity generation.
Ecuador has an estimated 660 MW of solar power capacity. With the significant decline in solar panel costs, the feasibility of solar investment in Ecuador has grown significantly.
There is no question that hydropower has been good to Ecuador. However, diversifying the energies used within Ecuador could prepare the country for ramifications of climate change. As , a researcher and professor at Universidad San Francisco de Quito argued, “The idea is to diversify the energy mix so as not to depend on a single resource that could beIn the case of hydroelectric, that means water; and as we have seen in the case of the Coca Codo project, this is a very real threat as Ecuador is currently in drought. By diversifying energy sources, Ecuador can provide insurance against the problems that arise when too reliant on hydroelectric power.
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