Ecuador
On 27 October 2024, the National Assembly unanimously approved the Organic Law to Promote Private Initiative in Energy Generation, aimed at boosting private investment in the electricity
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. In 2020, the Energy Ministry awarded two projects to the private sector: a 110MW wind farm (Villonaco), and a 200MW solar plant (El Aromo).
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.
In 2023, the Energy Ministry released tenders for a 500 MW renewable block (wind, biomass, solar), 400 MW Natural Gas Combined Cycle Power Plant (CCCP), and a Northeast Transmission System to supply the Ecuadorian oil system. From these tenders, only the Villonaco project has started construction as of August 2025.
Chronic underinvestment in the electricity sector has made Ecuador vulnerable to power disruptions. During a prolonged dry season in 2024, Ecuador's over-reliance on hydropower (78 percent of total generation) resulted in daily blackouts of up to 14 hours, hurting economic activity.
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