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WORLD ENERGY [R]EVOLUTION A SUSTAINABLE WORLD ENERGY OUTLOOK latin america GLOBAL SCENARIO OECD NORTH AMERICA LATIN AMERICA OECD EUROPE AFRICA MIDDLE EAST EASTERN EUROPE/EURASIA INDIA NON OECD ASIA CHINA OECD ASIA OCEANIA latin america: electricity generation The development of the electricity supply market in the Energy 5 [R]evolutionscenarioischaraterisedbyanincreasingshareof renewable energy sources. By 2050, 95% of the electricity produced in Latin America will come from renewable energy sources. ‘New’ renewables – mainly wind, PV and biomass – will contribute 54% of electricity generation.The installed capacity of renewable energy technologies will grow from the current 148 GW to 436 GW in 2030 and 863 GW in 2050, increasing renewable capacity by a factor of six within the next 40 years. Table 5.13 shows the comparative evolution of the different renewable technologies in Latin America over time. Up to 2030 hydro will remain the main contributor, while wind and photovoltaics (PV) gain a growing market share. After 2020, the continuing growth of wind and PV will be complemented by electricity from biomass and solar thermal (CSP) energy.The Energy [R]evolution scenario will lead to a high share of renewables achieving an electricity share of 80% already by 2020 and 86% by 2030. table 5.13: latin america: renewable electricity generation capacity under the reference scenario and the energy [r]evolution scenario IN GW GeothermalREF E[R] PV REF E[R] CSP REF E[R] Ocean energy REF E[R] Total REF E[R] 11223 1 2 41219 0 4111725 03374152243 00123 2009 2020 2030 142 170 198 2040 2050 218 228 169 170 10 12 50 66 17 27 202 258 Hydro REF E[R] 142 159 167 Biomass Wind REF 5 7 9 E[R] 5 15 33 REF 1 6 11 E[R] 1 49 130 0 8 0 0 0 1 148 188 148 266 21 44 69 0 0 0 7 25 37 231 266 298 436 654 863 key results | LATIN AMERICA - ELECTRICITY GENERATION figure 5.35: latin america: electricity generation structure under the reference scenario and the energy [r]evolution scenario (INCLUDING ELECTRICITY FOR ELECTROMOBILITY, HEAT PUMPS AND HYDROGEN GENERATION) 3,000 2,500 2,000 1,500 1,000 500 TWh/a 0 •OCEAN ENERGY •SOLAR THERMAL • GEOTHERMAL • BIOMASS •PV • WIND • HYDRO • NUCLEAR • DIESEL • OIL •NATURAL GAS • LIGNITE COAL 100 REF 2009 E[R] REF E[R] 2015 REF E[R] 2020 REF E[R] 2030 REF E[R] 2040 REF E[R] 2050PDF Image | SUSTAINABLE WORLD ENERGY OUTLOOK
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