The role of hydroelectric plants in the decarbonization

rigbar450

Are you interested in learning more about innovations in the hydroelectric sector? We invite you to participate in our webinar “Batteries, pumping, flexibility and new solutions to improve existing hydroelectric facilities” on June 23 at 9 am EST . Presentation of experiences, best practices and advances in the matter, with the participation of the European Union, representatives of entities participating in projects and studies carried out with the IDB. Round table for discussion and exchange.” Record Latin America and the Caribbean is a “hydroelectric” region by nature.

Our topography and hydrological regimes have given us great potential to take advantage of this technology. In the last century, hydroelectricity has allowed our region to have a renewable supply of low-cost energy, which has promoted our economic development, with low CO2 emissions. This technology is C Level Executive List essential for the decarbonization of the regional electricity matrix. In total we have about 200 GW already installed, 25 GW in the last 5 years alone. But not everything is positive, depending on hydroelectric supply can also be a risk for some countries, particularly due to the hydrological variability associated with climate change.



The role of solar and wind energy in the regional electrical matrix Aiming at this diversification, our region has been a pioneer in the implementation of auctions for wind and solar energy . As a result of the massive installation of these renewable technologies, economies of scale and local value chains have been created. This, added to technological development, has caused a considerable decrease in the installation costs of wind and solar generators. Additionally, increases in the efficiency and plant factors of wind and solar energy have now made each unit of energy generated (MWh) by these sources competitive with energy generated from fossil sources, without the need for subsidies.