Can Bolivia exploit its lithium resource advantage?

Bolivia may only have a short window of opportunity to exploit its lithium resource advantage, as lithium batteries may be overtaken by other new technology in a rapidly changing competitive market in energy storage ( COHA, 2009, OECD, 2016b ).

What type of energy system does Bolivia use?

Similar to the country’s total energy system, the power sector relies heavily on natural gas (AEtN, 2016). The electricity network in Bolivia is broken into two classifications: the National Interconnected System (SIN) and the Isolated Systems (SAs).

What are the heating demands in Bolivia?

Residential heating demands in Bolivia are quite low, though they do notably increase throughout the transition as access to energy services increase, except for biomass for cooking, which is phased out by the end of the transition. Heating demands are projected to increase from 52 TWh in 2015 to 205 TWh in 2050. Fig. 12.

Does Bolivia have a lithium mine?

Bolivia has large, lithium-rich salt flats, but its state-owned mining company hasn't achieved large-scale production. A group of Chinese firms is partnering with YLB, Bolivia’s state-owned lithium mining company, to build a $1 billion project to exploit Bolivia’s large and mostly untapped lithium resources.

Does Bolivia have a long-term energy plan?

As previously mentioned, the Bolivian government does not provide any long-term energy planning study, however, the UNFCC (2015b) states that RE will compose 81% of electricity generation by 2030. Bolivia’s scenario for 2027 according to MHE (2009) states that biomass sources will comprise 8% of total final energy demand.

Could energyx make Bolivia a green-energy power?

A team traveled from Austin to Bolivia in late August to meet with local and national leaders at a government lithium complex and convince them that the company, EnergyX, had a technology that would fulfill Bolivia’s potential to be a global green-energy power.