Itaipú dam close to its objective of breaking world record for hydroelectric power generation

On 1 December 2016, the Paraguayan director for the Itaipú hydroelectric damn (jointly managed by Brazil and Paraguay), James Spalding, stated the dam aimed to break the world record for hydroelectric power generation (La Nación). During the week of 5 December 2016, it was confirmed that the dam generated an accumulated amount of 94,207 GWh (Gigawatts per hour) of energy so far in 2016, which represents a new all-time high. According to forecasts, by the end of 2016 the dam could reach an annual production of over 98,800 GWh, which would break the current world record held by Chinese company Tres Gargantas (Crónica). Four key factors have been cited as drivers of this historic performance: demand for energy has been high; increased efficiency of machinery; favorable hydrological conditions; and the use of highly qualified human resources (La Nación).