South America Energy Storage Power Station Hydropower Bureau 14

Is hydropower a cornerstone of South America's energy infrastructure?

Providing 45% of electricity supply in South America, hydropower stands “as a cornerstone of the region’s energy infrastructure”, the International Hydropower Association reports in its 2024 World Hydropower Outlook.

How does hydropower affect South America?

South America is affected by hydroelectric power According to the International Energy Agency (IEA), hydropower accounts for over 50% of the total electricity consumption in South America, making it the largest source of renewable energy in the region.

Which countries are focusing on hydropower development in South America?

Currently only utilising about 20% of its estimated hydropower potential, to help support further development, Argentina has implemented several policies and incentives including feed-in tariffs and PPAs specially targeting small hydro schemes up to 30MW. Another country in South America to watch, according to the IHA, is Bolivia.

Can pumped storage hydropower be developed in Brazil?

Brazil is now discussing the implementation of new regulatory framework to allow pumped storage hydropower to be developed in the country, taking advantage of the country’s existing supply chain and providing a sustainable solution for the National Grid’s growing needs.