THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA Tuesday, March 1, Renewable energies: The Canadian expertise and the LATAM markets. Lucas de Haro
THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
1) A few paradigmatic examples. 2) Common strengths Canada-LATAM. 3) Keep an eye on… THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
A FEW PARADIGMATIC EXAMPLES CHILE Strong past with spot market and private PPAs. Solid hydropower implantation. Traditional partnerships clean energy plants – mining companies. Mature market with abundant international presence. Promising future with clean calls. Cost competitiveness of solar energy. Member of the Trans-Pacific Partnership. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
PERU Sustainable growth during the past decade. Electrical capacity almost doubled in the last decade. Periodic clean calls. Possibility of private PPAs. Consistent competitive (de)regulation Solid mining and hydropower traditions. +90% of actual generation is thermal + hydro->Does the future belong to wind and solar? Member of the Trans-Pacific Partnership. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS A FEW PARADIGMATIC EXAMPLES (cont.)
COLOMBIA Spot market + PPAs. Goal: 15% renewable by Exportable capacity. Interconnection Colombia-Panama (already connected to Ecuador and Venezuela) Great wind potential. Generation-transmission expansion plan THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS A FEW PARADIGMATIC EXAMPLES (cont.)
MEXICO Electricity Reform Plan to double renewable capacity by 2028 (up to approx. 20GW). Goal: 35% clean energy by Biggest potential for wind and hydro. Almost 10GW of new renewable energy on its way. Spain and USA lead foreign investments. Opportunities for manufacturing industry. Solar opportunities in the long-term. Member of the Trans-Pacific Partnership. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS A FEW PARADIGMATIC EXAMPLES (cont.)
COMMON STRENGTHS IN THE RENEWABLE ENERGY MARKET CANADA-LATAM 1)Energy background. 2)Association with other industries. 3)Local communities. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
ENERGY BACKGROUND Which countries in the Americas have a combined hydro-renewable installed capacity over… 50%? Belize, Brazil, Canada, Colombia, Costa Rica, Ecuador, Panama, Peru and Uruguay. As BC does. 75%? Brazil. As BC does. 80%? None. BC does. BC has more than 100 years of experience producing clean energy and continues to hold on to that leadership position today. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
ASSOCIATION WITH OTHER INDUSTRIES Source: Behre Dolbear. 1)Canada. 2)Australia. 3)United States. 4)Chile. 5)Mexico. 6)Peru. 7)Namibia. 8)Botswana. 9)Colombia. 10)Ghana. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
WE, THE INDIGENOUS COMMUNITIES, SAY NO TO THE HYDROELECTRIC PROJECT XALALA. ENDESA-ENEL, OUT OF THE SACRED SITES IN PANGUIPULLI- CHILE. PEOPLES RESISTING AGAINST WIND PROJECT. OUT MARENA RENEWABLES. NO ONE SINGLE WIND FARM MORE! THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS LOCAL COMMUNITIES
THE SOCIAL DUE DILIGENCE. SOCIAL, EDUCATIONAL AND CULTURAL DEVELOPMENT. MULTI-PURPOSE WATER PROJECTS WITH IRRIGATION COMMUNITIES. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS LOCAL COMMUNITIES (cont.)
-Defined legal framework. -Legal titles and rights. -Experience of the communities with developers and investors. -General interest of the communities in Clean Energy. -Royalties. -Co-developments & ownership agreements. -Majority interests. Canoe Creek Powerhouse. THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS LOCAL COMMUNITIES - Canada
KEEP AN EYE ON… CENTRAL AMERICA Strong hydro tradition in Costa Rica, Panama, Honduras, Guatemala… Renewable exportable capacity of Nicaragua. Electric interconnection. URUGUAY Wind boom. PARAGUAY Future generation mix to be defined. ECUADOR Hydro is dominant, future for other renewable fuels? THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA THE CANADIAN EXPERTISE AND THE LATAM MARKETS
THE SUSTAINABLE ROAD TO PROSPERITY IN LATIN AMERICA Renewable energies: The Canadian expertise and the LATAM markets THANK YOU! Lucas de Haro