Bolivia capex solar

What are the policy guidelines for the energy sector in Bolivia?

The Bolivian government has established the following policy guidelines for the energy sector: energy sovereignty, energy security, energy universalization, energy efficiency, industrialization, energy integration, and strengthening of the energy sector (MHE, 2014).

Should Bolivia use solar energy to generate synthetic fuels?

Using Bolivia’s own excellent solar resources to generate synthetic fuels in BPS-1 and BPS-2 would result in energy independence and security. Due to the lack of GHG emission costs in BPS-3 fuel costs remain for the fossil fuels used in the heat and transport sectors. Fig. 23.

Can solar PV reduce energy poverty in Bolivia?

These efficiency savings can be estimated to about 22%, 14%, and 26% for BPS-1, BPS-2, and BPS-3, respectively. Furthermore, large-scale development of solar PV, particularly in off-grid communities, can serve to reduce energy poverty in Bolivia (Sovacool, 2012).

Does Bolivia have a long-term energy plan?

As previously mentioned, the Bolivian government does not provide any long-term energy planning study, however, the UNFCC (2015b) states that RE will compose 81% of electricity generation by 2030. Bolivia’s scenario for 2027 according to MHE (2009) states that biomass sources will comprise 8% of total final energy demand.

How much solar power does Bolivia have?

In the study of Jacobson et al. (2017), Bolivia’s all-purpose end load would be covered by 22% wind energy, 15% geothermal, 3% hydropower, 49% solar PV, and 10% CSP. For the whole of South America, Löffler et al. (2017), find roughly 40% shares of both hydropower and solar PV, with the remaining 10% covered by wind offshore and onshore.

Will Bolivia become a net exporter of energy to South America?

With plans to be the energetic heart of South America, Bolivia has ambitious plans to become a primary net exporter of energy to the region (MHE, 2017).