How much electricity does Ecuador need?

Ecuador had a peak demand of 5,110 MW in May 2025, and according to CENACE, electricity demand grows by 360 MW every year. Ecuador’s energy shortage could result in a recurrence of power outages, particularly in the dry season of September through December. Ecuador has added minimal generation in recent years.

How has Ecuador's energy consumption changed over the years?

Ecuador’s energy production increased by a compounded growth rate of 0.5% per year from 2011 to 2021, and renewables accounted for most of the increase. The country's energy consumption also increased by a compounded growth rate of 0.5% per year over the same period, down from 4.9% per year the decade prior.

What is the price of electricity in Ecuador?

Ecuador, June 2022: The price of electricity is 0.096 U.S. Dollar per kWh for households and 0.085 U.S. Dollar for businesses which includes all components of the electricity bill such as the cost of power, distribution and taxes.

Is there a potential for electricity generation in Ecuador?

Based on what has been described, it is identified that there is a high potential for electricity generation in Ecuador, especially the types of projects and specific places to start them up by the central state and radicalize the energy transition.

What is the main source of energy in Ecuador?

Petroleum and other liquids continue to be Ecuador's primary source of energy; crude oil accounted for 63.4% of total energy consumption in 2021. The country has significant oil reserves and is one of South America's top oil producers.

How much natural gas does Ecuador have?

Ecuador had 385 billion cubic feet (Bcf) of proven natural gas reserves as of 2022. Ecuador's natural gas reserves account for about 0.14% of South America's total reserves. Ecuador's natural gas production is small compared with oil production, accounting for less than 1% of total energy production in the country in 2021.