Peru, Bolivia, Colombia and Ecuador Renewable energies in the Andean Region

Energy cooperation between Finland and Andean region Finnish Ministry of Foreign Affairs will launch a renewable energy and energy efficiency program for the Andean countries (Peru, Bolivia, Colombia and Ecuador) The program offers good opportunities for Finnish know-how and technology providers Budget of the program is 6,2 million EUR for 3 years The Andean energy project will be launched in Lima, Peru on 7 th of March, 2011

Renewable energies in Latin America Country Renewables and Waste Gross Electricity Generation GWh (2007) Renewables and Waste Gross Heat Generation TJ (2007) Primary Solid Biomass BiogasGeothermalHydroWind Primary Solid Biomass Biogas Liquid Biofuels (1000 tonnes) Geothermal Solar Thermal Chile Colombia Peru Bolivia Ecuador Argentina Brazil Uruguay Costa Rica El Salvador Guatemala Honduras Mexico Panama Source: AEA

Potential used: Hydroelectricity: 22% Others: 4.2% Source: Latin American Energy Organization, OLADE Regional energy matrix: Hydroelectricity potential in Latin America

Basic facts - Peru GDP: 129 Billion USD GDP growth: 0,9 % (2009) and 3,4 % (2010) Population: 30 Million GDP (PPP) per capita: 8,500 USD Ease of doing business: 36 (2010) (2 nd in Latin America after Mexico) Inflation: 2,9 % FDI: 5 Billion USD (2009) Exports: 34 Billion USD (2008) Imports: 22 Billion USD (2008) Main export goods: minerals, petroleum, fish, agricultural products, textile, wood, furniture Main export countries: USA, China, Switzerland, Canada, Japan, Germany Main import countries: USA, China, Brazil Finnish exports to Peru: 93 Million USD (2008) Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

Energy generation in Peru Energy generation capacity Peru’s energy generation capacity is 7158 MW, almost half of this is hydro power Hydropower 45% (2008) Thermoelectric 55% (2008) almost entirely natural gas, only a small fraction is carbon and gasoline Renewable energies Peru recently auctioned 17 hydro power plants There is an energy integration agreement with Brazil with plans to establish up to MW of hydro power 172 MW of wind power, 80 MW solar power and 27 MW biomass was auctioned in MW more renewable energy projects to be auctioned By law, within a couple of years 5 % of the energy has to be renewable. As Peru’s economy is growing and energy consumption as well, it will need to continue promoting renewable energies and auctioning new projects. Source: Business News Americas, Ministerio de Energía y Minas de Peru

Portfolio of carbon emission reduction projects Renewable energy investments in Peru Source: FONAM, September 2010, Business News Americas Renewable energy investments

Basic facts - Bolivia GDP: 17,6 Billion USD (2009) GDP growth: 2,8 % (2009) and 3,4 % % (2010) Population: 9,8 Million GDP (PPP) per capita: 4,700 USD (2009) Ease of doing business: 149 Inflation: 3,3% FDI: 500 Million USD (2008) Exports: 6,448 Billion USD (2008) Imports: 4,641 Billion USD (2008) Main export goods: natural gas, soybeans and soy products, crude petroleum, zinc ore, tin Main export countries: Brazil, US, Japan, Colombia, South Korea, Peru Main import countries: Brazil, Argentina, US, Chile, Peru (2009) Finnish exports to Bolivia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

Energy generation in Bolivia Energy generation capacity Bolivia’s energy generation installed capacity is 1400 MW Petroleum /gasoline 43,45 % (2007) Natural gas 37,42% (2007) Hydropower 4,69% (2007) Biomass 14,43% (2007) Renewable energies Bolivia does not yet have wind or solar energy generation installed Bolivia is seeking to do feasibility studies for the installation of solar and wind power projects There are several hydro energy projects on the way A lot of interest in the wind energy projects Nearly half of the population in Bolivia (3.1 Million people) live in rural areas, most without access to conventional energy sources Source: CINER (Centro de Información en energías renovables), Ministry of Mining and Energy

Renewable energy investments in Bolivia. Source: Business News Americas

Basic facts - Colombia GDP: Billion USD (2009) GDP growth: 0.8% (2009) Population: 45,6 Million GDP (PPP) per capita: 9,300 USD (2009) Ease of doing business: 39 Inflation: 4.2% (2009) FDI: 10 Billion USD (2008) Exports: Billion USD (2008) Imports: Billion USD (2008) Main export goods: petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut flowers Main export countries: US, Venezuela, Netherlands (2009) Main import countries: US, China, Mexico, Brazil, France, Germany (2009) Finnish exports to Colombia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

The actual electricity generation capacity in Colombia is MW This is constituted of Hydraulic energy: % Thermal (gas): 27.41% Thermal (carbon): 5.2 % Small hydropower: 3.08 % Mini-gas: 0.17 % Cogeneration: 0.15 % Wind: 0.07 The electric power demand is projected to grow to substantially by The government is looking for private investors to develop the projected generation needs of an additional 3,000 MW, mainly in hydro facilities. Renewable energies in Colombia Source: Acción Social, Ministerio de Minas y Energía de Colombia

Renewable energy investments in Colombia Source: Business News Americas

Renewable energy investments in Colombia Source: Business News Americas

Basic facts - Ecuador GDP: 110,4 billion USD (2009) GDP growth: 7.2% (2008) Population: 14,6 Million GDP per capita: 7,600 USD (2009) Ease of doing business: 130 Inflation: 8.4% (2008) FDI: 1 Billion USD (2008) Exports: Billion USD (2008) Imports: Billion USD (2008) Main export goods: petroleum, bananas, cut flowers, shrimp, cacao, coffee, hemp, wood, fish Main export countries: US, Peru, Chile, Panama, Colombia, Russia (2009) Main import countries:US, Venezuela, Colombia, China, Brazil (2009) Finnish exports to Bolivia: Source: Finnish Customs, CEPAL, World Bank, CIA World Factbook

Renewable energies in Ecuador Generation capacity in the country 4, MW 2, MW are renewable energies (43.69% of total) Renewable energies used Hydro power 95.20% Biomass 4.69% Wind power 0.11% Solar power only % Source: Business News Americas, CONELEC, La Corporación para la Investigación Energética CIE

Renewable energy investments in Ecuador. Source: Business News Americas

Finpro at your service Finpro is ready to partner up with you and make your landing soft and to discover all the business opportunities in the market: Market access consulting, market studies and local partnering In depth site selection for production Subcontracting and local supplier search (local sourcing) Establishment services for sales and service offices/subsidiaries Regional strategy development for Latin America Analysis of import / export programs Assistance in negotiations Reputation analysis of potential partners Tailor made programs / assignments Finpro México Oficina Comercial de Finlandia Monte Pelvoux 111, 4 Piso Col. Lomas de Chapultepec México D.F. Mexico Phone Fax Heidi Virta Consultant Mobile: