Ecuador feed-in tariff for renewable energy (Regulación para La participación de los generadores de energía eléctrica producida con Recursos Energéticos Renovables No Convencionales No. CONELEC 001/13)
On 21 June 2013 new feed-in tariff scheme for renewable energy projects has entered into force replacing previous FIT mechanism that has expired in Ecuador on 31December 2012.
Eligible technologies: wind, solar thermal, marine tidal, biomass, biogas, geothermal and small hydro power plants.
Feed-in tariff contracts are awarded for period of 15 years.
FIT levels are differentiated between technologies and location of the projects – between mainland Ecuador and Galapagos Islands.
Grid access: electricity generated from renewable installations has priority dispatch.
Feed-in tariff rates in Ecuador are expressed in USD:
| Mainland Ecuador | Galapagos Islands | ||
Renewable Source | Period of time | Power plant capacity | Feed-in tariff rate in cUSD/kWk | |
Wind | 15 years
| All sizes | 11.74 | 12.91 |
Solar thermal | 25.77 | 28.34 | ||
Wave/tidal | 32.43 | 35.67 | ||
Biomass and Biogas | 11.08 | 12.19 | ||
Geothermal | 13.81 | 15.19 | ||
Hydropower | up to 10 MW | 7.81 | ||
10 MW – 30 MW | 6.86 | |||
30 MW – 50 MW | 6.51 | |||
After renewable electricity will reach level of deployment of 6% of total installed national electricity program will be closed. If this level will not be reached, programme will expire on 31 Dec 2016.
In order to download full text of the policy please,
Want to know more about this policy ? Learn more