8 - Acciones de La CAF Con Energias Renovables - CAF - Pablo Cisneros - Venezuela

7/23/2019 8 - Acciones de La CAF Con Energias Renovables - CAF - Pablo Cisneros - Venezuela

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Energy Security

Perspectives for Latin America

Pablo Cisneros

Ejecutivo Principal

CAF


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Energy challenges for the region

CAFs action to promote Latin-American energy sectordevelopment

Overcoming challenges and exploiting opportunities

Contents


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Oil Reserves

Natural Gas Reserves

oal Reserves

Hydropower Potential

Hydropower potential693.506 MW

3.459.835GWh/ao

Abundance of energy resources

distributed unequally

ResourceProven

ReservesUnits

Production/Reserves

Ratio

Oil 335.708 MMb 106b 93

NaturalGas

7.980 Tm 109m3 28

Coal 13.871 MMt 106

T 129

Brazil

Peru

Ecuador

Colombia

Bolivia

Argentina

Chile

Uruguay

Paraguay

Venezuela

Mexico

Costa Rica

Trinidad &

Tobago

Guatemala

Panama

Source OLADE-SIEE, 2013


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A high proportion (50%) of the electricity production

in Latin America is hydroelectric.

Hydroelectric power is dominant in most of the

countries and their development potential is still high.

It is estimated that only 23% of its potential has been

used.

Environmental restrictions may hinder its use. Theregion has one of the cleanest energy matrixes in the

world.

General vision


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Latin America Installed Capacity

Electricity Generating Installed Capacity:

316.745,43 MW

Source: OLADE SIEE 2013


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Electricity matrixes of

southern cone countries

Hydro

37,64%Turbo Gas11,61%

Turbo Vapor

15,06%

Diesel

2,69% Ciclo

Combinado

29,55%

Nuclear

3,40%

Solar

0,00%

Wind

0,05%

Argentina

Hydro

99,54%

Termo

0,46%

Paraguay

Wind

1,30%

Hydro

65,29%

Biomass7,65%

Nuclear

1,57%

Coal

1,52%Gas

10,50%

Fuel/Diesel

Oil

5,76%

Imports

6,41%

Brasil

Steam9,42%

Gas

19,65%

Motores

Diesel

3,22%

Biomass

9,26%

Hydro

56,85%

Wind

1,60%

Uruguay

Hydro

34,55%

Gas

31,40%

Coal

16,02%

Diesel/Fuel

Oil

15,59%

Others

2,44%

Chile

Source: CAMMESA Argentina, ANEEL Brasil, ANDE Paraguay, Ministerio de Energa Chile, DNE MIEM Uruguay


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andean countries

Hydro

66,46%

Gas

27,76%

Coal

5,17% Cogeneracin

0,42%

Wind

0,13%

Fuel Oil

0,06%

Colombia

Hydro

46,52%

Biomasa

(bagazo de

caa)

1,96%

Elica

0,05%

Solar

0,00%

ICE

21,47%

Turbogas

20,45%

Turbovapor

9,54%

Ecuador

Hydro

42,94%

Gas

57,05% Wind

0,01%

Per

Hydro

61,94%

Turbogas

15,60%

Turbovapor

15,05%

Combined

Cycle

4,83%ICE

2,58%

Venezuela

Hydro

38,03%

Termo61,97%

Bolivia

Source: CNG Venezuela, UPME Colombia, MEM Per, Conelec Ecuador y AE Bolivia


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Central America and Mxico

Wind0,74%Solar PV

0,00%

Hydro21,76%

Termo

28,64%

Combined

Cycle

34,11%

Dual

5,26% Coal

4,92%Nuclear

3,05%

Geothermal

1,54%

Mexico

Hydro75,3%

Thermal8,0%

Geothermal13,8%

Wind2,7%

Biomass0,2%

Costa Rica

Hydro

56,1%

Thermal

43,9%

Panam

Source: ANSP Panam, SENER Mxico, ICE Costa Rica.


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Biomass is highly relevant in Brazil, both in transport and electricity. Other countries

like Uruguay, Ecuador and Colombia have shown improvement.

Wind energy has recently had tremendous growth, led by Brazil, with the execution

of successful auctions. Mexico and Uruguay have announced major projects in this

area. Other countries may follow these examples.

Solar energy still has little use. Cost reduction can increase their application,especially in remote and isolated communities.

Geothermal energy has been used primarily in Central American countries, but

also have potential in Bolivia and Chile.

Electric service in Latin America provides coverage for 93% of the total population,levels of urban and rural reach 99% and 74%, respectively. While the overall situation

of the sector is not unfavorable relative to the world average, several countries and

parts of Latin America are still lagging.

General vision


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Energy challenges for the region


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Mult iple forecasts ind icate that the region faces agrow ing energy demand. Energy demand grew by

31.36% during 1990-2000, and 34.23% during the

decade 2000-2010.

Given this si tuat ion, theres a need for several

countr ies w ith in the region to increase their energy

supply, especial ly in electr ic i ty, natural gas and

petroleum p rodu cts.

Long term comprehensive planning is also needed.

Energy challenges


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The region wil l require signif icant

investment in energy infrastructu re over the

nex t 20 years. Values betweenUSD 1-2 tri l l ion

ci ted in the estimates. Various sources offunding w il l be needed.

Energy challenges


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CAFs action to promote Latin-

American energy sectordevelopment


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Main source of multilateral infrastructure

financing for Latin America

Approvals in infrastructure for Latin America

(USD millions)

18.856

24.648 25.474

BM BID CAF

2000-2010

World Bank IDB CAF


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... And also for energy

Approvals in energy for Latin America

(USD millions)

5.520

6.519

9.103

BM BID CAF

2000-2010

World Bank IDB CAF


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Membership Evolution

1990 2000 2011

Bolivia

Colombia

Ecuador

Per

Venezuela

Argentina

Bolivia

Brasil

Colombia

Ecuador

Panam

Paraguay

Per

Trinidad y Tobago Uruguay

Venezuela

Costa Rica

Chile

Jamaica

Mxico

Rep. Dominicana

Espaa

Portugal

5 countries 16 countries 18 countries


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Distribution of CAF's support forEnergy

Biofuels

1%

Electricity

Generation

52%

Hydrocarbons

11%

Corporate Loans

11%

Electricity

Transmission

25%

Di ib i f CAF' f


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Distribution of CAF's support for

Electricity Generation

Hydraulic Power

Generation

56%

Wind and

Biomass Power

Generation

5%

Nuclear Power

Generation

4%

Combined Cycle

19%

Natural Gas

4%

Oil and Coal

12%

Non Renewable 35%

Renewable and

Nuclear 65%


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Evolution of CAFs Portfolio (MM USD)

Support for energy projects

4.841 MM

USD

10.729 MM

USD

7,04%7,19%

7,92% 16,01%18,90%

23,98%

30,13%31,09%

0

2.000

4.000

6.000

8.000

10.000

12.000

14.000

16.000

18.000

2005 2006 2007 2008 2009 2010 2011 2012

Others Energy

CAF l i th l t 10 f


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CAF approvals in the last 10 years forthe energy sector

Jan-12 # of Projects US$ MM

Venezuela 22 3.828

Argentina 14 2.275

Brasil 18 1.681

Colombia 21 1.039

Per 17 675

Ecuador 14 671

Bolivia 16 660

Uruguay 7 508

Costa Rica 4 200

Paraguay 1 75

Mxico 1 50

Total 135 11.662


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Project Examples

(MM USD)

Corporate

Loans

Sovereign

Loans

Project

Finance

Catalytic

Loans

Argentina 240

Repotenciacin de Central Nuclear Embalse 240

NASA 240

Bolivia 32

Lnea de Transmisin CaranaviTrinidad 32

ENDE 32

Brasil 294 215

Gasoducto Bolivia-Brasil 215

TRANSPORTADORA BRASILEIRA GASODUTO BOLIVIA-BRASIL S.A. 215Obras Parque de Generacin Hidroelctrica 294

Centrais Eletricas Brasileiras S.A. Eletrobras 294

Mxico 50

Proyecto Elico EURUS 50

Eurus S.A.P.I. de C.V. 50

Multinacional 27

SIEPAC 27

Empresa Propietaria de la Red 27Per 95

Construccin gasoducto Camisea 95

Transportadora de Gas del Per 95

Venezuela 1.880

Central Hidroelctrica Manuel Piar (TOCOMA). 1.500

CORPOELEC 1.500

Proy. Rehabilitacin Central Hidroelctrica Simn Bolvar (GURI) 380

CORPOELEC 380


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IN

N

O

V

A

T

I

O

N

Consolidate impulse given to thedevelopment of energyinfrastructure

Infrastructure

Contribute to institutional and publicpolicy developmentEnergy Policies

Promote integration projects

Integration

Support the development ofrenewable energy and energyefficiency

Energy and ClimateChange

Give impulse to national and regional

networksNetwork articulation

Execution of high quality studies onenergy issues

KnowledgeGeneration

CAFsareas of action on Energy

E l f ti iti


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Structuring the national energy plan 2011-2020 - Bolivia. They drive newchanges to the oil and electricity sector laws in Bolivia (currently underreview).

Examples of activities:

Support for Energy Policies

E l f ti iti


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New Interconnection projects have been identified between countries

within the region

Example of activities:

Support for Energy Integration

Hydro Power

Plant Inambari

Peru-Brasil

Hydro Power

Plant Cachuela

Esperanza

Bolivia-Brasil

Swap

Paraguay -

Argentina -

Chile

BoliviaChile

Interconnection

Colombia

Panam

Interconnection

BrasilUruguay

InterconnectionSIEPAC II

Capacity

(MW) 2.200 800 - 180 300 500 300

Length(Kms.)3.470 2.850 - 150

614420 1.800

Investment

Cost (MM

US$) 2.370 792Exist.

30 207 330 500

Annualbenefits (MM

US$) 342 102 200 66 21 88 41

Benefit / Cost

Index 1,60 1,40 2,90 24,30 1,10 3,00 0,95

E l f ti iti


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URUPABOL Project (Uruguay, Paraguay and Bolivia)

- Pre feasibility study completed for small scale LNGinfrastructure.

- Feasibility study under way.


Support for Energy Integration


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Renewable energies and climate change

Identification of Hydro power potential in Brazil and Peru:

Opening possibilities for the development of public and private projects inhydropower, small, medium and large scale

E l f ti iti


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Example of activities:Regional network articulation

Shared Energy Agenda to:

- Identify priority issues within Latin Americas energy

sector

- Generate and augment synergies and shared actionsin common interests with other regional energy

organizations and institutions

- Elaborate a Shared work Agenda between regional

energy organizations and institutions

Technolog Inno ation Initiati e


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Technology Innovation Initiative

on renewable energy

CAF in technological innovation

CAF identified the need for promoting the generation of innovativepatentable technologies to use renewable energetic resources thatcurrently are being underutilized.

Latin America and the Caribbean have the potential to generate stateof the art patentable technologies that could contribute to sustainabledevelopment. To unleash this potential, CAF launched the RegionalRenewable Energy Technology Innovation Initiative.

The initiative has the support of FINEP of Brazil and other institutionsof countries in the region.


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Examples of CAFs publications


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Overcoming challenges

The region has responded relatively well thus far, tothe challenge of meeting energy needs and harness its

potential. However, it is necessary to intensify

investment, especially in electricity, natural gas and oil

refining.

Energy demand and requirements to reduce the

impacts of resource exploitation have grown. The

search for new sources and increased energy efficiency

are key factors in the energy sector.

Cooperation between different actors and institutions

is central to meeting the challenges of the new times.

Documents

8 - Acciones de La CAF Con Energias Renovables - CAF - Pablo Cisneros - Venezuela