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Posted September 21, 2023 Today in Energy

Ecuador has continued to expand use of hydroelectric power ›

Hydropower has played a key and growing role in Ecuador’s electricity mix by displacing fossil fuels and helping meet higher domestic electricity demand. In 2011, hydroelectric power accounted for 55% of the country’s electricity mix, and electricity from fossil fuels accounted for 43%. In 2021, hydropower produced 79% of Ecuador’s electricity, and fossil fuels produced less than 20%. More

annual electricity generation by source, Ecuador

Data source: U.S. Energy Information Administration, International Energy Statistics

Data Highlights

WTI crude oil futures price

9/21/2023: $89.63/barrel

down$0.53 from week earlier
up$6.69 from year earlier

Natural gas futures price

9/21/2023: $2.610/MMBtu

down$0.098 from week earlier
down$5.169 from year earlier

Weekly coal production

9/16/2023: 11.902 million tons

up0.457 million tons from week earlier
up0.590 million tons from year earlier

Natural gas inventories

9/15/2023: 3,269 Bcf

up64 Bcf from week earlier
up410 Bcf from year earlier

Crude oil inventories

9/15/2023: 418.5 million barrels

down2.1 million barrels from week earlier
down12.3 million barrels from year earlier


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