Bolivia pumped hydropower storage project

What is Bolivia's current hydropower usage?

Bolivia is currently using around 2% of its estimated hydropower potential. With 80% of untapped capacity located in very remote areas, it has a project pipeline that included the 3000MW binational Rio Maderia project, along with several medium and small-scale ones already.

How does Bolivia prioritize hydropower projects?

Bolivia prioritises large-scale hydropower projects through state-owned utilities, significantly investing in capacity expansion with support from national funds and international loans. The pipeline includes the 3,000MW binational Rio Madeira project, along with several medium and small-scale projects currently underway.

Which hydro projects are being completed in Bolivia?

With the Misicuni and San Jose 1 hydro projects completed, Bolivia is continuing with the implementation of San Jose 2, Miguillas and Ivirizu, all of which are under construction, while the Rositas scheme is moving ahead.

What's happening in South America's hydropower industry?

Most notably, the 7,550MW Manseriche project being developed in Peru, the 3,600MW Zamora G8 project being announced in Ecuador, and the 2,400MW Ituango project under construction in Colombia. Last year, South America's hydropower industry celebrated two significant achievements.

When will the pioneer-Burdekin pumped hydro project start?

Stage one of the Pioneer-Burdekin pumped hydro project, said to be part of the largest pumped hydro energy storage scheme in the world (according to Queensland’s premier), was announced in September 2022 and is estimated to be completed in 2032, with the final stage operational by 2035. Austria continues to be a leader in PSH development.

Can China invest in South America's hydropower sector?

Amid these challenges, China's growing investment in South America's hydropower sector offers potential avenues for development. Bolivia, Brazil, Ecuador and Peru have received significant investments from Chinese firms in the last two decades.