IDB and Japan provide support to aid efficiency and reliability in the countrys energy sector in Ecuador
The program will support the Government of Ecuador’s efforts to bridge the gap in access to electricity coverage, increase the nation’s energy efficiency, expand its national electrical system and boost its reliability, reduce the use of fossil fuels, and improve the power sector’s operational efficiency.
The program will strengthen and expand Ecuador’s National Transmission System and the National Distribution System, facilitate effective transportation and distribution of energy on the national level, and enhance the nation’s transmission infrastructure to allow for the increased exchange of energy in the Andean region.
Ecuador experienced recurring energy crises during the 1995-2010 period due to electricity shortages and the poor quality of its power infrastructure. Ecuador’s electricity sector had systematic weaknesses, with prevailing high levels of electricity losses, and low coverage and poor service quality rates.
Since 2013, Ecuador’s Ministry of Electricity and Renewable Energy has implemented the Energy Matrix Transition strategy, which seeks to boost social welfare and economic development by improving the supply, reliability and quality of electricity service as well as Ecuador’s active participation in the Andean regional electricity market.
The IDB’s country strategy with Ecuador includes the support for the power sector’s efforts to encourage the sustainable increase and diversification of energy generation, transport and distribution capacity, system reliability, energy efficiency and universal access to energy. This project contributes to create a long-term energy strategy that promotes a sustainable energy framework, facilitates adequate energy supply, and improves access to electric power.