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Electricity in Bolivia in 2023

Global Ranking: #117
28.5% #110 Low-carbon electricity
107.38 watts #150 Generation / person
359.29 gCO2eq/kWh #84 Carbon Intensity

Based on our forecast model, the current state of electricity consumption in Bolivia heavily tilts toward fossil energy, specifically gas, accounting for approximately 8.12 terawatt hours (TWh). The contribution of low-carbon energy stands close to none, amounting to just 3.24 TWh. Among low carbon energy sources, hydropower makes a major contribution with an output of 2.27 TWh. This uneven energy breakdown places Bolivia below the global average, which is 410 watts per person. The dominance of fossil fuel energy could potentially contribute to worsening of environmental issues such as climate change and air pollution.

Suggestions

To increase low-carbon electricity generation, Bolivia could take cues from countries with successful clean energy deployments. Countries with similarities like to Bolivia like Brazil and South Korea might be significant indicators. Brazil, for example, has had success with wind power generation (94 TWh), a viable option for Bolivia due to its diverse terrain. South Korea, on the other hand, prioritizes nuclear energy and has a significant output of 174 TWh. Though nuclear is not as dominant in Bolivia, it could be an area for possible expansion, considering it is indeed a low-carbon energy source and consistent with Bolivia's quest for sustainable and green energy.

History

When we look back on the history of low-carbon electricity deployment in Bolivia, it has been largely focused on hydropower, with fluctuations in generation over the years. Towards the end of the 20th century, there was a slight decrease in hydroelectric power but a turnaround set in during the early 2000s. However, the progress faced a setback around 2014, with a sharp decrease in hydro output. Recently, in the last decade, there have been noticeable ups and downs in hydro and biofuels generation too. A glimmer of diversification appeared in 2022 with the introduction of wind energy, which shows potential for further deployment. While the past energy landscape has seen minor instabilities, the focus would need to shift towards adopting a more balanced low-carbon energy mix in the coming years, encompassing nuclear, wind, and solar power.

Electricity Imports and Exports

Balance of Trade

Data Sources

For the years 1971 to 1988 the data source is World Bank.
For the year 1989 the data sources are World Bank and IEA (imports/exports).
For the years 1990 to 2018 the data source is IEA.
For the years 2019 to 2022 the data source is Ember.
For the year 2023 the data source is LowCarbonPowerForecaster.
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