4 FAQs about Bolivia Energy Storage Procurement

How many electricity projects are there in Bolivia?

Bolivia currently has over a dozen electricity generation projects (hydroelectric, solar, combined cycle, and geothermic) and transmission line projects in progress and over 30 projects under study, including the construction of two biomass power plants. Bolivia plans to invest billions towards expanding its electric grid through 2025.

Will the decline of Bolivia's natural gas reserves lead to investment opportunities?

The decline of Bolivia's proven natural gas reserves may present several investment opportunities for foreign firms since the government needs to demonstrate that it can fulfill current export contracts and meet increasing domestic demand.

Which companies make electricity in Bolivia?

These companies fall under ENDE (the National Electricity Company). Bolivia's electricity production is based on thermoelectricity (71 percent), hydroelectricity (20 precent), and solar and wind (9 percent). The best sales prospects are with hydrocarbons: natural gas-related machinery, equipment, and production.

What percentage of electricity is distributed in Bolivia?

The nationalized electricity distribution companies account for 51 percent of the distribution market. These companies fall under ENDE (the National Electricity Company). Bolivia's electricity production is based on thermoelectricity (71 percent), hydroelectricity (20 precent), and solar and wind (9 percent).

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