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)

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 1 March 2018

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. 

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