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Energy policy in Ecuador is driven by its need for energy security as a developing country as well as its conservation efforts. [1] Despite past and ongoing attempts to take charge in energy sustainability (as with the now defunct Yasuni-ITT initiative), oil production and exportation still supports its small $5,853 GDP/capita economy at an average of 549,000 barrels/day in 2016. [2]
Empresa Eléctrica del Ecuador (literally Electric Company of Ecuador) or Emelec was the name of an Ecuadorian electric company based in the city of Guayaquil. Until 2004, it was owned by Fernando Aspiazu who used to be president of Banco del Progreso , Ecuador's second largest bank that was closed in March 1999.
Since the 1990s, many regions have broken up the generation and distribution of electric power [citation needed]. While such markets can be abusively manipulated with consequent adverse price and reliability impact to consumers, generally competitive production of electrical energy leads to worthwhile improvements in efficiency [citation needed].
It is bordered on the north by San Miguel and Putumayo rivers and on the east and south by Peru.Oriente has an area of about 50,000 square miles (130,000 square km) and consists of little-explored and virtually unexploited tropical forest inhabited by a tiny fraction of the country's population, living mostly in small villages along the river courses.
The Mazar Dam is a concrete-face rock-fill dam on the Paute River Cañar Province, Ecuador. The purpose of the dam is hydroelectric power generation and it is located directly upstream of the Paute Dam as part of the Amaluza-Molino project. The dam's power station has an installed capacity of 170 megawatts (230,000 hp).
The so-called National Interconnected System continued to expand and now covers most main regions throughout the country. In 1985 the Francisco Morazán Hydroelectric Project (El Cajón Dam) was completed at a cost of US$775 million. After recently changing over to smart meters, electricity bills have increases three-fold.
Telecommunications in Ecuador include telephone, radio, television, and the Internet. Ecuador's state regulatory agency is the National Telecommunications Council (CONATEL), which is part of the Telecommunications Ministry (MINTEL).
The National Assembly (Spanish: Asamblea Nacional) is the unicameral legislature of Ecuador. It replaced the National Congress in 2009 following reforms under the 2008 Constitution. [1] Within Ecuador, the National Assembly has the power to pass laws, while appointment of judges to the National Court of Justice is done by a separate Judicial ...