Electric generation
Electric generation involves the conversion of primary sources of energy such as fossil fuels or wind or solar, for example, into electricity.
Most plants operate in a similar manner: a turbine is spun – by wind, steam, or the flow of water – to generate power.
Solar PV plants convert solar energy directly into electricity, i.e., they do not need steam or turbines to operate.
In Latin America, thermal and hydro plants are king although non-conventional renewable energy sources are accounting for a growing proportion of electric generation.
There are many factors behind this, opposition, on environmental grounds, to new thermal and hydropower plants; concerns over energy security; and a fall in installation costs.
Some countries in the region have binding renewables targets.
In September 2015, for example, Argentina's lower congressional house signed into law a bill mandating that 8% of the country's electricity come from renewable sources by 2017.
By 2025 the requirement will be 20%, mirroring neighbor Chile's '20/25' mandate.
Argentina's law stipulates that large-scale energy consumers – those requiring available generation capacity of 300kW or more to meet their needs – must obtain at least 1% of their energy from renewable sources once the law takes effect. That requirement will increase 1 percentage point every six months until reaching 8%.
Prices paid by large-scale consumers for renewable energy will be capped at US$113/MWh under the law.
Acceptable renewable energy sources under the law include wind, solar, geothermal, wind, wave, tidal, hydropower up to 50MW, biomass, gases obtained from solid waste, biogas and biofuels.
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Other projects in: Electric Power
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Other companies in: Electric Power
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Ministerio de Minería de la República de Chile  (Ministerio de Minería Chile)
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The Ministry of Mining of Chile is an entity under the Presidency of the Republic created in 1953 which writes, directs and executes the Government policies to guide, promote, a...
- Company: AES Andes S.A.  (AES Andes)
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AES Andes S.A., formerly AES Gener, is a subsidiary of AES Corporation with a presence in Argentina, Chile and Colombia. The company owns and operates a diverse portfolio of pow...
- Company: Zenith Energy Corp., S.R.L.
- Company: Energía 2000 S.A.  (Energía 2000)
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Energía 2000 S.R.L is a company based in Dominican Republic and engaged in generation and sale of electric power. The firm is in charge of Manzanillo Power Energía 2000 thermoel...
- Company: Andes Solar SpA  (Andes Solar)
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The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Energy Head
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Grenergy Renovables Pacific Ltda.  (Grenergy Chile)
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Grenergy Renovables Pacific Ltda. (Grenergy Chile) is the Chilean unit of Grenergy Renovables SL, a Spanish company that builds and operates PV and wind power plants. The compan...
- Company: Salgado, Melendez y Asociados Ingenieros Consultores S.A.  (Salgado, Melendez y Asociados Ingenieros Consultores)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...