OLADE Drives Energy Transition in Ecuador at the Power & Renewable Energies 2024 Forum

The Power and Renewable Energies 2024 event, organized by SEMINARIUM, brought together over 450 distinguished energy sector professionals in Quito. This forum focused on fostering Ecuador’s commitment to a sustainable and efficient energy transition.

The event featured prominent figures such as Roberto Luque, the Minister of Energy and Mines; Fabián Calero, the General Manager of CELEC; and Patricia Alborta, CAF representative in Ecuador. Other notable attendees included Juan Carlos de la Hoz, the BID representative in Ecuador; Fitzgerald Cantero, Director of Studies, Projects, and Information at Latin American Energy Organization (OLADE); Cecilia Paredes, Rector of ESPOL; Miguel Bolinaga from AES Panama; and Santiago Caviedes, economic analyst. They all emphasized the importance of public-private collaboration to boost the development of the country’s energy sector.

Minister Roberto Luque highlighted the Ecuadorian government’s commitment to promoting energy generation and cooperating with the private sector. In his statements, Luque affirmed: “We reaffirm our commitment to strengthen, develop, and advance Ecuador’s energy sector. We know that the world is moving towards the decarbonization of the energy system, aiming to generate greener and more sustainable sources, in harmony with the environment.”

Fitzgerald Cantero, Director of Studies, Projects, and Information at OLADE, highlighted the remarkable growth of renewable energies in Latin America, which have doubled their capacity in the last five years. Cantero mentioned: “At OLADE, we support countries in their energy planning and roadmap development. Initiatives like RELAC, in collaboration with the Inter-American Development Bank (IDB), allow us to aim for 70% renewability by 2030. Ensuring access to energy, accelerating electrification, investing in renewables, improving efficiency, and developing appropriate policies are essential to achieve the desired energy transition.”

The Power and Renewable Energies 2024 forum established itself as a vital space for creating synergies and developing proposals that involve both the public and private sectors. These initiatives aim for an energy transition aligned with the current needs of the country and promote a greener and more sustainable future.

Seminarium

Communications and Institutional

Relations Department

josefa.corral@olade.org

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