Ecuador modernizing energy sector

Ecuador is carrying out investments and reforms in its energy sector with assistance from the Inter-American Development Bank (IDB). 

These measures seek to strengthen institutions in Ecuador’s energy sector, enhance the sustainability of its electrical grid, ease the system’s current dependence on fossil fuels, broaden rural communities’ access to energy, and move forward with the strategy of regional electrical interconnection. 

The modernization of Ecuador’s electrical sub-sector will allow for implementation of its national initiative to substitute the use of liquefied gas from oil with electricity, thereby cutting consumption of fossil fuels in the residential sector.