EXECUTIVE SUMMARY

June 2010
this month ’ s series :

Dam it or damn it Large hydro in Latin America

The nineties witnessed growing opposition
to large hydro on a global scale to such a
degree that the WCD (World Commission
on Dams) was convened and given the Hydropower prov ides the world w ith the future of large hydro in the region
mandate to evaluate the industry from a around 20% of it s elec tr icit y and is of the utmost impor tance.
multi-stakeholder perspective. Lat in Amer ica is the leading user of
this technology. Consider ing that, in In this edition of the Energy Intelligence
Brazil’s hydro capacity this par t of the world, hydro power Series, we will analyze the state of large
Brazil has redoubled its efforts to promote makes up 60% of generat ion, that hydro to see how its global resurgence is
large hydro as the principal source of the Brazil ranks 3rd globally in installed affecting the Latin American region and
electric sector’s growth. hydro capacit y, and that Brazil alone review some of the different models being
holds 15% of the world’s f resh water, used to develop these mega projects.
The rest of Latin America
The region is known for being hydro
friendly and is perhaps the second biggest
market for hydropower behind Asia.
World Bank lending for multipurpose hydro components

1200

1000

800
Millions US$

600

400

200

1992 93 94 95 96 97 98 99 2000 01 02 03 04 05 06 07 2008

Source: World Bank

To subscribe to BNamericas, please contact:

Daniel Bekker at dbekker@bnamericas.com or call +56 (2) 941 -0366

For sponsorship opportunities, please contact the Sales Advertising Manager, Ana Suárez, at asuarez@BNamericas.com
or +56-2 941 0404.
 Energy Daily Written and researched by
Michael LaGiglia

Content Development & Analysis

We understand the importance of information
Editor
for the development of your business in Raúl Ferro

Electric Power and Oil & Gas Executive editor

Henriette Iraçabal
Carmen oria
Your business requires accurate and timely information delivered
to you daily; BNamericas is dedicated to providing these essential
Financial services analyst
María Alejandra Moreno
business intelligence services that help key decision makers, such as
Mining analyst
you and your colleagues, stay informed. Laura Superneau

Telecom analyst
Changing demands and regulations regarding Electricity and Oil & Gas Phil Anderson
resources throughout the region impact the way in which businesses operate Energy analyst
in Latin America. BNamericas’ Electricity and Oil & Gas newsletters deliver Michael LaGiglia
daily news coverage on the activities that affect your business in the Electricity Financial data analyst
and Oil & Gas Industries. In this area we cover oil and gas E&P, refining María José Arredondo
and distribution as well as the generation, transmission and distribution of Researchers
electricity. Gonzalo Vergara
Carlos Montoya

BNamericas Energy Group

Editor, Energy
Nathan Crooks

Santiago, Chile
David Casallas
Christopher Lenton

Ciudad de México, México

David Biller

Río de Janeiro, Brazil

Joao Carvalho

Account Manager Energy

Daniel Bekker

Designed by
Tamara Lorca
Copyright Notice All rights reserved. No part of this publication
may be reproduced or transmitted in any form or by any means,
electronic or mechanical unless as used in the paragraph below.
Any unauthorized use, sharing, reproduction, or distribution is
strictly prohibited. This report does not come with ANY resale rights.
Legal Notice While attempts have been made to verify informa-
tion provided in this publication, neither the author nor the publisher
assumes any responsibilities for errors, omissions, or contradictory
information contained in this document. This document is not
intended as legal, investment, or accounting advice. The purchaser
or reader of this document assumes all responsibility for the use
of these materials and information. Business News Americas
assumes no responsibility or liability whatsoever on behalf of any
purchaser or reader of these materials.
© 2010 Business News Americas.
BNamericas is a bilingual news and intelligence service that covers
the most important stories in 12 different business sector throug-
hout Latin America and the Caribbean. Business News Americas’
main office is located in Santiago, Chile, with full regional presence
CONTACT US in Sao Paulo, Buenos Aires, Caracas and Mexico City.
Contact us today to receive a
free 2-week trial subscription: Santiago Headquarters:
San Patricio #2944, Las Condes, Santiago, Chile
+56 (2) 941-0300
Tel: +56 (2) 941-0300
info@BNamericas.com
Fax: +56 (2) 232-9376
www.BNamericas.com
US Voice/Fax: +(800) 535-2137 USA