<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.aes.com/role/AcquisitionsAcquisitions" xlink:href="aes-20171231.xsd#AcquisitionsAcquisitions" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AcquisitionsAcquistionsDetails" xlink:href="aes-20171231.xsd#AcquisitionsAcquistionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AcquisitionsAcquistionsTables" xlink:href="aes-20171231.xsd#AcquisitionsAcquistionsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AcquisitionsAndDispositions" xlink:href="aes-20171231.xsd#AcquisitionsAndDispositions" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AcquisitionsAndDispositionsDetails" xlink:href="aes-20171231.xsd#AcquisitionsAndDispositionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AssetImpairmentExpense" xlink:href="aes-20171231.xsd#AssetImpairmentExpense" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AssetImpairmentExpenseImpairmentOfLongLivedAssetsHeldAndUsedByAssetDetails" xlink:href="aes-20171231.xsd#AssetImpairmentExpenseImpairmentOfLongLivedAssetsHeldAndUsedByAssetDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AssetImpairmentExpenseNarrativeDetails" xlink:href="aes-20171231.xsd#AssetImpairmentExpenseNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/AssetImpairmentExpenseTables" xlink:href="aes-20171231.xsd#AssetImpairmentExpenseTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlans" xlink:href="aes-20171231.xsd#BenefitPlans" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansAccumulatedBenefitObligationDetails" xlink:href="aes-20171231.xsd#BenefitPlansAccumulatedBenefitObligationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansAccumulatedOtherComprehensiveIncomeLossDetails" xlink:href="aes-20171231.xsd#BenefitPlansAccumulatedOtherComprehensiveIncomeLossDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansAmountsRecognizedInConsolidatedBalanceSheetsDetails" xlink:href="aes-20171231.xsd#BenefitPlansAmountsRecognizedInConsolidatedBalanceSheetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansBenefitPlansWeightedAverageAssumptionsDetails" xlink:href="aes-20171231.xsd#BenefitPlansBenefitPlansWeightedAverageAssumptionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansExpectedFutureBenefitPaymentsDetails" xlink:href="aes-20171231.xsd#BenefitPlansExpectedFutureBenefitPaymentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansFairValueOfPlanAssetsDetails" xlink:href="aes-20171231.xsd#BenefitPlansFairValueOfPlanAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansImpactOfOnePointChangeInAssumptionsDetails" xlink:href="aes-20171231.xsd#BenefitPlansImpactOfOnePointChangeInAssumptionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansLevel3RollForwardDetails" xlink:href="aes-20171231.xsd#BenefitPlansLevel3RollForwardDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansNarrativeDetails" xlink:href="aes-20171231.xsd#BenefitPlansNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansNetFundedStatusDetails" xlink:href="aes-20171231.xsd#BenefitPlansNetFundedStatusDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansNetPeriodicBenefitCostDetails" xlink:href="aes-20171231.xsd#BenefitPlansNetPeriodicBenefitCostDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansPlanAssetAllocationsDetails" xlink:href="aes-20171231.xsd#BenefitPlansPlanAssetAllocationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/BenefitPlansTables" xlink:href="aes-20171231.xsd#BenefitPlansTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/Commitments" xlink:href="aes-20171231.xsd#Commitments" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/CommitmentsLeasesFutureMinimumPaymentsDueDetails" xlink:href="aes-20171231.xsd#CommitmentsLeasesFutureMinimumPaymentsDueDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/CommitmentsLongTermPurchaseCommitmentsDetails" xlink:href="aes-20171231.xsd#CommitmentsLongTermPurchaseCommitmentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/CommitmentsNarrativeDetails" xlink:href="aes-20171231.xsd#CommitmentsNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/CommitmentsTables" xlink:href="aes-20171231.xsd#CommitmentsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedBalanceSheets" xlink:href="aes-20171231.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="aes-20171231.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfChangesInEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfComprehensiveIncomeParenthetical" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfComprehensiveIncomeParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfOperations" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfOperations" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfOperationsCalc2" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfOperationsCalc2" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ConsolidatedStatementsOfOperationsParenthetical" xlink:href="aes-20171231.xsd#ConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/Contingencies" xlink:href="aes-20171231.xsd#Contingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ContingenciesContingenciesPolicies" xlink:href="aes-20171231.xsd#ContingenciesContingenciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ContingenciesLossContingenciesDetails" xlink:href="aes-20171231.xsd#ContingenciesLossContingenciesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ContingenciesTables" xlink:href="aes-20171231.xsd#ContingenciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/Debt" xlink:href="aes-20171231.xsd#Debt" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtNonRecourseDebtCarryingAmountsAndTermsDetails" xlink:href="aes-20171231.xsd#DebtNonRecourseDebtCarryingAmountsAndTermsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtNonRecourseDebtMaturityScheduleDetails" xlink:href="aes-20171231.xsd#DebtNonRecourseDebtMaturityScheduleDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtNonRecourseDebtNarrativeDetails" xlink:href="aes-20171231.xsd#DebtNonRecourseDebtNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtRecourseDebtCarryingAmountAndTermsDetails" xlink:href="aes-20171231.xsd#DebtRecourseDebtCarryingAmountAndTermsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtRecourseDebtNarrativeDetails" xlink:href="aes-20171231.xsd#DebtRecourseDebtNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtRecourseDebtNetPrincipalAmountsDueOverFiveYearsDetails" xlink:href="aes-20171231.xsd#DebtRecourseDebtNetPrincipalAmountsDueOverFiveYearsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtSubsidiaryNonRecourseDebtInDefaultOrAcceleratedDetails" xlink:href="aes-20171231.xsd#DebtSubsidiaryNonRecourseDebtInDefaultOrAcceleratedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtTables" xlink:href="aes-20171231.xsd#DebtTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DebtTermConvertibleTrustSecuritiesDetails" xlink:href="aes-20171231.xsd#DebtTermConvertibleTrustSecuritiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivities" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesCurrentVsNoncurrentDerivativeInstrumentsDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesCurrentVsNoncurrentDerivativeInstrumentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesDesignatedVsNotDesignatedHedgingInstrumentsDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesDesignatedVsNotDesignatedHedgingInstrumentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesCommodityDerivativesDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesCommodityDerivativesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesCreditRiskRelatedContingentFeaturesDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesCreditRiskRelatedContingentFeaturesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesEffectivePortionOfCashFlowHedgesDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesEffectivePortionOfCashFlowHedgesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesIneffectivePortionOfCashFlowHedgesDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesIneffectivePortionOfCashFlowHedgesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesForeignCurrencyDerivativesDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesForeignCurrencyDerivativesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesOutstandingDerivativeNotionalsAndTermsByTypeDetails" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesOutstandingDerivativeNotionalsAndTermsByTypeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesTables" xlink:href="aes-20171231.xsd#DerivativeInstrumentsAndHedgingActivitiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DiscontinuedOperations" xlink:href="aes-20171231.xsd#DiscontinuedOperations" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesNarrativeDetails" xlink:href="aes-20171231.xsd#DiscontinuedOperationsAndHeldForSaleBusinessesNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesScheduleOfDisposalGroupsIncludingDiscontinuedOperationsDetails" xlink:href="aes-20171231.xsd#DiscontinuedOperationsAndHeldForSaleBusinessesScheduleOfDisposalGroupsIncludingDiscontinuedOperationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesTables" xlink:href="aes-20171231.xsd#DiscontinuedOperationsAndHeldForSaleBusinessesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/DocumentAndEntityInformation" xlink:href="aes-20171231.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EarningsPerShare" xlink:href="aes-20171231.xsd#EarningsPerShare" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EarningsPerShareEarningsPerSharePolicies" xlink:href="aes-20171231.xsd#EarningsPerShareEarningsPerSharePolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EarningsPerShareNarrativeDetails" xlink:href="aes-20171231.xsd#EarningsPerShareNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EarningsPerShareScheduleOfEarningsPerShareBasicAndDilutedDetails" xlink:href="aes-20171231.xsd#EarningsPerShareScheduleOfEarningsPerShareBasicAndDilutedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EarningsPerShareTables" xlink:href="aes-20171231.xsd#EarningsPerShareTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/Equity" xlink:href="aes-20171231.xsd#Equity" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityAccumulatedOtherComprehensiveLossDetails" xlink:href="aes-20171231.xsd#EquityAccumulatedOtherComprehensiveLossDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityDeconsolidationDetails" xlink:href="aes-20171231.xsd#EquityDeconsolidationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityEquityDividendsDetails" xlink:href="aes-20171231.xsd#EquityEquityDividendsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityEquityNetIncomeLossAttributableToAesCorporationDetails" xlink:href="aes-20171231.xsd#EquityEquityNetIncomeLossAttributableToAesCorporationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityEquityStockRepurchasesDetails" xlink:href="aes-20171231.xsd#EquityEquityStockRepurchasesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityReclassificationsOutOfAoclDetails" xlink:href="aes-20171231.xsd#EquityReclassificationsOutOfAoclDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityReclassificationsOutOfAoclDetailsCalc2" xlink:href="aes-20171231.xsd#EquityReclassificationsOutOfAoclDetailsCalc2" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityTables" xlink:href="aes-20171231.xsd#EquityTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/EquityTransactionsWithNoncontrollingInterestsDetails" xlink:href="aes-20171231.xsd#EquityTransactionsWithNoncontrollingInterestsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValue" xlink:href="aes-20171231.xsd#FairValue" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueInstrumentsNotMeasuredAtFairValueDetails" xlink:href="aes-20171231.xsd#FairValueInstrumentsNotMeasuredAtFairValueDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueLevel3ReconciliationDetails" xlink:href="aes-20171231.xsd#FairValueLevel3ReconciliationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueNonrecurringMeasurementsDetails" xlink:href="aes-20171231.xsd#FairValueNonrecurringMeasurementsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueNonrecurringUnobservableInputsDetails" xlink:href="aes-20171231.xsd#FairValueNonrecurringUnobservableInputsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueQuantitativeInformationDetails" xlink:href="aes-20171231.xsd#FairValueQuantitativeInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueRecurringMeasurementsDetails" xlink:href="aes-20171231.xsd#FairValueRecurringMeasurementsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FairValueTables" xlink:href="aes-20171231.xsd#FairValueTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FinancingReceivables" xlink:href="aes-20171231.xsd#FinancingReceivables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FinancingReceivablesDetails" xlink:href="aes-20171231.xsd#FinancingReceivablesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/FinancingReceivablesTables" xlink:href="aes-20171231.xsd#FinancingReceivablesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPolicies" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesChangeInAccountingEstimateDetails" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPoliciesChangeInAccountingEstimateDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesEffectOfChangeInEstimateTables" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPoliciesEffectOfChangeInEstimateTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesFiniteLivedIntangibleAssetsDetails" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPoliciesFiniteLivedIntangibleAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesNewAccountingPronouncementsAdoptedDetails" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPoliciesNewAccountingPronouncementsAdoptedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesPolicies" xlink:href="aes-20171231.xsd#GeneralAndSummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssets" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssets" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsExpectedAmortizationExpenseDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsExpectedAmortizationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsGoodwillRollForwardDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsGoodwillRollForwardDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsIntangibleAssetsAcquiredDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsIntangibleAssetsAcquiredDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsIntangibleAssetsDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsIntangibleAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsNarrativeDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsScheduleOfFiniteLivedIntangibleAssetsDetails" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsScheduleOfFiniteLivedIntangibleAssetsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:href="aes-20171231.xsd#GoodwillAndOtherIntangibleAssetsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxes" xlink:href="aes-20171231.xsd#IncomeTaxes" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesComponentsOfIncomeTaxesDetails" xlink:href="aes-20171231.xsd#IncomeTaxesComponentsOfIncomeTaxesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetails" xlink:href="aes-20171231.xsd#IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetailsCalc2" xlink:href="aes-20171231.xsd#IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetailsCalc2" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesEffectiveIncomeTaxReconciliationDetails" xlink:href="aes-20171231.xsd#IncomeTaxesEffectiveIncomeTaxReconciliationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesIncomeLossFromContinuingOperationsBeforeIncomeTaxDetails" xlink:href="aes-20171231.xsd#IncomeTaxesIncomeLossFromContinuingOperationsBeforeIncomeTaxDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesIncomeTaxPayablesAndIncomeTaxReceivablesDetails" xlink:href="aes-20171231.xsd#IncomeTaxesIncomeTaxPayablesAndIncomeTaxReceivablesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesIncomeTaxesPolicies" xlink:href="aes-20171231.xsd#IncomeTaxesIncomeTaxesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesNarrativeDetails" xlink:href="aes-20171231.xsd#IncomeTaxesNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesTables" xlink:href="aes-20171231.xsd#IncomeTaxesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/IncomeTaxesUnrecognizedTaxBenefitsDetails" xlink:href="aes-20171231.xsd#IncomeTaxesUnrecognizedTaxBenefitsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/Inventory" xlink:href="aes-20171231.xsd#Inventory" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InventoryDetails" xlink:href="aes-20171231.xsd#InventoryDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InventoryTables" xlink:href="aes-20171231.xsd#InventoryTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliates" xlink:href="aes-20171231.xsd#InvestmentsInAndAdvancesToAffiliates" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesEffectiveEquityOwnershipInterestAndCarryingValuesDetails" xlink:href="aes-20171231.xsd#InvestmentsInAndAdvancesToAffiliatesEffectiveEquityOwnershipInterestAndCarryingValuesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesSummarizedFinancialInformationDetails" xlink:href="aes-20171231.xsd#InvestmentsInAndAdvancesToAffiliatesSummarizedFinancialInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesSummaryOfFinancialInformationOfAffiliatesSubsidiariesDetails" xlink:href="aes-20171231.xsd#InvestmentsInAndAdvancesToAffiliatesSummaryOfFinancialInformationOfAffiliatesSubsidiariesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesTables" xlink:href="aes-20171231.xsd#InvestmentsInAndAdvancesToAffiliatesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInMarketableSecurities" xlink:href="aes-20171231.xsd#InvestmentsInMarketableSecurities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInMarketableSecuritiesDetails" xlink:href="aes-20171231.xsd#InvestmentsInMarketableSecuritiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/InvestmentsInMarketableSecuritiesTables" xlink:href="aes-20171231.xsd#InvestmentsInMarketableSecuritiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/OtherIncomeAndExpense" xlink:href="aes-20171231.xsd#OtherIncomeAndExpense" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/OtherIncomeAndExpenseNonoperatingIncomeDetails" xlink:href="aes-20171231.xsd#OtherIncomeAndExpenseNonoperatingIncomeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/OtherIncomeAndExpenseOtherExpenseDetails" xlink:href="aes-20171231.xsd#OtherIncomeAndExpenseOtherExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/OtherIncomeAndExpenseTables" xlink:href="aes-20171231.xsd#OtherIncomeAndExpenseTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/OtherNonOperatingExpenseOtherNonOperatingExpense" xlink:href="aes-20171231.xsd#OtherNonOperatingExpenseOtherNonOperatingExpense" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipment" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipment" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentAssetRetirementObligationsDetails" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentAssetRetirementObligationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentComponentsOfPpeDetails" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentComponentsOfPpeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentDepreciationExpenseSoftwareAmortizationAndCapitalizedInterestDetails" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentDepreciationExpenseSoftwareAmortizationAndCapitalizedInterestDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentOwnershipOfCoalFiredFacilitiesDetails" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentOwnershipOfCoalFiredFacilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentRegulatedAndNonRegulatedGenerationAndDistributionPpeDetails" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentRegulatedAndNonRegulatedGenerationAndDistributionPpeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/PropertyPlantAndEquipmentTables" xlink:href="aes-20171231.xsd#PropertyPlantAndEquipmentTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RedeemableStockOfSubsidiaries" xlink:href="aes-20171231.xsd#RedeemableStockOfSubsidiaries" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RedeemableStockOfSubsidiariesNarrativeDetails" xlink:href="aes-20171231.xsd#RedeemableStockOfSubsidiariesNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RedeemableStockOfSubsidiariesRedeemableStockOfSubsidiariesTables" xlink:href="aes-20171231.xsd#RedeemableStockOfSubsidiariesRedeemableStockOfSubsidiariesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RegulatoryAssetsAndLiabilities" xlink:href="aes-20171231.xsd#RegulatoryAssetsAndLiabilities" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesDetails" xlink:href="aes-20171231.xsd#RegulatoryAssetsAndLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesRegulatoryAssetsAndLiabilitiesByReportableSegmentDetails" xlink:href="aes-20171231.xsd#RegulatoryAssetsAndLiabilitiesRegulatoryAssetsAndLiabilitiesByReportableSegmentDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesTables" xlink:href="aes-20171231.xsd#RegulatoryAssetsAndLiabilitiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RelatedPartyTransactions" xlink:href="aes-20171231.xsd#RelatedPartyTransactions" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RelatedPartyTransactionsScheduleOfRelatedPartyReceivablesPayablesDetails" xlink:href="aes-20171231.xsd#RelatedPartyTransactionsScheduleOfRelatedPartyReceivablesPayablesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RelatedPartyTransactionsScheduleOfRelatedPartyTransactionsDetails" xlink:href="aes-20171231.xsd#RelatedPartyTransactionsScheduleOfRelatedPartyTransactionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RelatedPartyTransactionsTables" xlink:href="aes-20171231.xsd#RelatedPartyTransactionsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RisksAndUncertainties" xlink:href="aes-20171231.xsd#RisksAndUncertainties" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/RisksAndUncertaintiesDetails" xlink:href="aes-20171231.xsd#RisksAndUncertaintiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParent" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParent" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentBalanceSheetDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentBalanceSheetDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentBalanceSheetParentheticalDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentBalanceSheetParentheticalDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentDividendsFromSubsidiariesAndAffiliatesDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentDividendsFromSubsidiariesAndAffiliatesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentGuaranteesAndLettersOfCreditDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentGuaranteesAndLettersOfCreditDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentScheduleICondensedFinancialInformationOfParentStatementOfOperationsDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentScheduleICondensedFinancialInformationOfParentStatementOfOperationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentSeniorNotesAndJuniorSubordinatedNotesDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentSeniorNotesAndJuniorSubordinatedNotesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfCashFlowsDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentStatementOfCashFlowsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeParentheticalDetails" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeParentheticalDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentTables" xlink:href="aes-20171231.xsd#ScheduleICondensedFinancialInformationOfParentTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccounts" xlink:href="aes-20171231.xsd#ScheduleIiValuationAndQualifyingAccounts" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccountsDetails" xlink:href="aes-20171231.xsd#ScheduleIiValuationAndQualifyingAccountsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccountsScheduleOfValuationAndQualifyingAccountsTables" xlink:href="aes-20171231.xsd#ScheduleIiValuationAndQualifyingAccountsScheduleOfValuationAndQualifyingAccountsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentAndGeographicInformation" xlink:href="aes-20171231.xsd#SegmentAndGeographicInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentAndGeographicInformationDetails" xlink:href="aes-20171231.xsd#SegmentAndGeographicInformationDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentAndGeographicInformationTables" xlink:href="aes-20171231.xsd#SegmentAndGeographicInformationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationAdjustedPreTaxContributionsReconcilliationOfIncomeBeforeIncomeTaxesDetails" xlink:href="aes-20171231.xsd#SegmentsAndGeographicInformationSegmentAndGeographicInformationAdjustedPreTaxContributionsReconcilliationOfIncomeBeforeIncomeTaxesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationAssetsDepreciationAndAmortizationAndCapitalExpendituresDetails" xlink:href="aes-20171231.xsd#SegmentsAndGeographicInformationSegmentAndGeographicInformationAssetsDepreciationAndAmortizationAndCapitalExpendituresDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueAndAssetsByCountryDetails" xlink:href="aes-20171231.xsd#SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueAndAssetsByCountryDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueBySegmentDetails" xlink:href="aes-20171231.xsd#SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueBySegmentDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentsAndGeographicInformationPolicies" xlink:href="aes-20171231.xsd#SegmentsAndGeographicInformationSegmentsAndGeographicInformationPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SelectedQuarterlyFinancialData" xlink:href="aes-20171231.xsd#SelectedQuarterlyFinancialData" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SelectedQuarterlyFinancialDataDetails" xlink:href="aes-20171231.xsd#SelectedQuarterlyFinancialDataDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SelectedQuarterlyFinancialDataTables" xlink:href="aes-20171231.xsd#SelectedQuarterlyFinancialDataTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensation" xlink:href="aes-20171231.xsd#ShareBasedCompensation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationFairValueAssumptionsDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationFairValueAssumptionsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationNarrativeDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationNarrativeDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationPsuActivityDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationPsuActivityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationPsuCompensationExpenseDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationPsuCompensationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationPsusVestedAndConvertedDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationPsusVestedAndConvertedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationRsuActivityDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationRsuActivityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationRsuCompensationExpenseDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationRsuCompensationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationRsusVestedAndConvertedDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationRsusVestedAndConvertedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationShareBasedCompensationPcuDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationShareBasedCompensationPcuDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationStockOptionActivityDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationStockOptionActivityDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationStockOptionCompensationExpenseDetails" xlink:href="aes-20171231.xsd#ShareBasedCompensationStockOptionCompensationExpenseDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/ShareBasedCompensationTables" xlink:href="aes-20171231.xsd#ShareBasedCompensationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SubsequentEventSubsequentEvents" xlink:href="aes-20171231.xsd#SubsequentEventSubsequentEvents" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/SubsequentEventSubsequentEventsDetails" xlink:href="aes-20171231.xsd#SubsequentEventSubsequentEventsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://www.aes.com/role/TotalOtherNonOperatingExpenseDetails" xlink:href="aes-20171231.xsd#TotalOtherNonOperatingExpenseDetails" xlink:type="simple" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AcquisitionsAcquisitions" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AcquisitionsAcquistionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AcquisitionsAcquistionsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AcquisitionsAndDispositions" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AcquisitionsAndDispositionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AssetImpairmentExpense" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AssetImpairmentExpenseImpairmentOfLongLivedAssetsHeldAndUsedByAssetDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AssetImpairmentExpenseNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/AssetImpairmentExpenseTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlans" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansAccumulatedBenefitObligationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansAccumulatedOtherComprehensiveIncomeLossDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedAmortizationNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationNextFiscalYear_9111f6f3-4855-ea28-f278-35a0d5402e45" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear_c12eb120-b859-95da-c718-05ad4f74ac34" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationNextFiscalYear_9111f6f3-4855-ea28-f278-35a0d5402e45" xlink:to="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear_c12eb120-b859-95da-c718-05ad4f74ac34" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_7187b075-0880-047c-9c53-a921fdca9445" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationNextFiscalYear_9111f6f3-4855-ea28-f278-35a0d5402e45" xlink:to="loc_us-gaap_DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear_7187b075-0880-047c-9c53-a921fdca9445" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_8a5435ed-071a-f096-6184-a37a79abfb9f" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_2e77fa8e-3ac2-f18e-9dcb-27eac8c2d53d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_8a5435ed-071a-f096-6184-a37a79abfb9f" xlink:to="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax_2e77fa8e-3ac2-f18e-9dcb-27eac8c2d53d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_6d1344ee-d174-0072-f9ea-7a14f4f5b932" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax_8a5435ed-071a-f096-6184-a37a79abfb9f" xlink:to="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_6d1344ee-d174-0072-f9ea-7a14f4f5b932" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansAmountsRecognizedInConsolidatedBalanceSheetsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet" xlink:label="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_2ac997ec-1500-de75-18d5-2d7e282edf5a" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent" xlink:label="loc_us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent_6856ee03-da61-f933-c0ca-753825e64ebf" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_2ac997ec-1500-de75-18d5-2d7e282edf5a" xlink:to="loc_us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent_6856ee03-da61-f933-c0ca-753825e64ebf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities" xlink:label="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities_d976d099-c821-e214-329b-89c6249f4dee" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_2ac997ec-1500-de75-18d5-2d7e282edf5a" xlink:to="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities_d976d099-c821-e214-329b-89c6249f4dee" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent" xlink:label="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_9a02138f-e52f-25fa-014e-0405ac9ddb27" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanAmountsRecognizedInBalanceSheet_2ac997ec-1500-de75-18d5-2d7e282edf5a" xlink:to="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_9a02138f-e52f-25fa-014e-0405ac9ddb27" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansBenefitPlansWeightedAverageAssumptionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansExpectedFutureBenefitPaymentsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansFairValueOfPlanAssetsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansImpactOfOnePointChangeInAssumptionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansLevel3RollForwardDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansNetFundedStatusDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlan" xlink:label="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_74863991-8c55-6a17-996a-9c2a561db4af" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitObligation_71a21154-406e-18d7-9aeb-e2619e08dbf7" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_74863991-8c55-6a17-996a-9c2a561db4af" xlink:to="loc_us-gaap_DefinedBenefitPlanBenefitObligation_71a21154-406e-18d7-9aeb-e2619e08dbf7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_c9d76ff9-149e-f423-016d-b55c9b74c1b3" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_74863991-8c55-6a17-996a-9c2a561db4af" xlink:to="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_c9d76ff9-149e-f423-016d-b55c9b74c1b3" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansNetPeriodicBenefitCostDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanServiceCost" xlink:label="loc_us-gaap_DefinedBenefitPlanServiceCost_89ad3af5-a7a9-a0b6-3ed0-1824210c7a90" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanServiceCost_89ad3af5-a7a9-a0b6-3ed0-1824210c7a90" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost_50406d00-3746-2e05-3a50-4b2bf529ff14" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanInterestCost_50406d00-3746-2e05-3a50-4b2bf529ff14" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_053c4475-6836-cf00-1abe-b15f58110eab" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_053c4475-6836-cf00-1abe-b15f58110eab" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_ab621a8a-0d01-618c-dbe1-c25fa3bace61" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_ab621a8a-0d01-618c-dbe1-c25fa3bace61" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_b2e93b1c-a313-bd95-39dd-1f9d9938b2e9" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_b2e93b1c-a313-bd95-39dd-1f9d9938b2e9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_a2b01ebf-3bb0-69b6-bb1a-f9cc09a597fb" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments_a2b01ebf-3bb0-69b6-bb1a-f9cc09a597fb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1" xlink:label="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_747869e7-4e1c-6de6-fa9c-d8cc9c90ed9d" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_bae25320-9d69-b27b-4684-0b60368d617f" xlink:to="loc_us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1_747869e7-4e1c-6de6-fa9c-d8cc9c90ed9d" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansPlanAssetAllocationsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/BenefitPlansTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/Commitments" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/CommitmentsLeasesFutureMinimumPaymentsDueDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_daf826cc-ddab-c5d4-b68e-bebddaaf3fd6" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_daf826cc-ddab-c5d4-b68e-bebddaaf3fd6" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent_38694d24-9bde-3c85-0262-b82030d7e61a" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueCurrent_38694d24-9bde-3c85-0262-b82030d7e61a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_729f77b8-2a9e-0142-52d3-9a6513fc6787" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInTwoYears_729f77b8-2a9e-0142-52d3-9a6513fc6787" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears_585c4efd-47a1-e7a2-64da-ace6ee154ecd" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInThreeYears_585c4efd-47a1-e7a2-64da-ace6ee154ecd" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears_64c5f922-1f5f-cc1d-b281-f412a1fd922a" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFourYears_64c5f922-1f5f-cc1d-b281-f412a1fd922a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears_01dc36ce-445b-7f61-af51-1e46c58f3dee" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueInFiveYears_01dc36ce-445b-7f61-af51-1e46c58f3dee" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter_246b6201-33fc-c9d3-a60d-777ab787073b" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_d42a3dad-23e9-d83e-cd05-0b20e0cdbc1f" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDueThereafter_246b6201-33fc-c9d3-a60d-777ab787073b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments_290724c0-9ba2-b62f-87b3-fb34ea77382b" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments_daf826cc-ddab-c5d4-b68e-bebddaaf3fd6" xlink:to="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments_290724c0-9ba2-b62f-87b3-fb34ea77382b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_5046b63b-148e-eb12-dd52-2a1e8f1e69c0" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_5046b63b-148e-eb12-dd52-2a1e8f1e69c0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_483c5d20-89a2-da39-b56f-2ea722d97042" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_483c5d20-89a2-da39-b56f-2ea722d97042" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_b5a3356e-f555-ddd5-297a-b04afe0bfd5c" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_b5a3356e-f555-ddd5-297a-b04afe0bfd5c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_6818de09-a032-5221-5ee6-896e1c2d0634" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_6818de09-a032-5221-5ee6-896e1c2d0634" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_56f89e4f-d247-3cf0-a749-00554ab475a6" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_56f89e4f-d247-3cf0-a749-00554ab475a6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_fb0efb32-4bb1-57d0-236e-d8af81dc125f" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_e7ae0c4b-54d0-1d15-1541-1fb5329d750c" xlink:to="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_fb0efb32-4bb1-57d0-236e-d8af81dc125f" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/CommitmentsLongTermPurchaseCommitmentsDetails" xlink:type="extended">
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitment" xlink:label="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:type="locator" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentWithinOneYear" xlink:label="loc_aes_LongTermPurchaseCommitmentWithinOneYear_de7f869c-199a-5509-6ff8-64e33bd968ed" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentWithinOneYear_de7f869c-199a-5509-6ff8-64e33bd968ed" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentWithinTwoYears" xlink:label="loc_aes_LongTermPurchaseCommitmentWithinTwoYears_5c357c91-1505-f298-c018-64e33b0e745b" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentWithinTwoYears_5c357c91-1505-f298-c018-64e33b0e745b" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentWithinThreeYears" xlink:label="loc_aes_LongTermPurchaseCommitmentWithinThreeYears_f32b9387-a275-aea1-f598-64e3392bea7d" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentWithinThreeYears_f32b9387-a275-aea1-f598-64e3392bea7d" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentWithinFourYears" xlink:label="loc_aes_LongTermPurchaseCommitmentWithinFourYears_8768c4b9-48c5-6db3-b907-64e3408a7ba9" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentWithinFourYears_8768c4b9-48c5-6db3-b907-64e3408a7ba9" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentWithinFiveYears" xlink:label="loc_aes_LongTermPurchaseCommitmentWithinFiveYears_e68b4fc2-b227-d6c1-73a0-64e33f7212b5" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentWithinFiveYears_e68b4fc2-b227-d6c1-73a0-64e33f7212b5" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_LongTermPurchaseCommitmentThereafter" xlink:label="loc_aes_LongTermPurchaseCommitmentThereafter_cb3f7ad2-0689-83ff-2b92-64e33aef5add" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_LongTermPurchaseCommitment_176fce18-6200-e0b1-f52a-64e33b0e2aa4" xlink:to="loc_aes_LongTermPurchaseCommitmentThereafter_cb3f7ad2-0689-83ff-2b92-64e33aef5add" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/CommitmentsNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/CommitmentsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:href="aes-20171231.xsd#aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment" xlink:label="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_42d61097-0951-9fd0-ccda-87d8624a6e85" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_42d61097-0951-9fd0-ccda-87d8624a6e85" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_DebtServiceReservesAndOtherDeposits" xlink:label="loc_aes_DebtServiceReservesAndOtherDeposits_af2f6ced-d5e3-d1c4-5388-64e33d400546" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_aes_DebtServiceReservesAndOtherDeposits_af2f6ced-d5e3-d1c4-5388-64e33d400546" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:label="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ServiceConcessionAssets" xlink:label="loc_aes_ServiceConcessionAssets_1cf7f775-e425-aaa1-5248-64e3394a5385" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_aes_ServiceConcessionAssets_1cf7f775-e425-aaa1-5248-64e3394a5385" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_63a47f61-ea22-3fe1-a926-4ed4e1977e98" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_63a47f61-ea22-3fe1-a926-4ed4e1977e98" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_7a72b51a-735c-1ad4-bd3f-d9bcf2d6a26d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_AccountsPayableCurrent_7a72b51a-735c-1ad4-bd3f-d9bcf2d6a26d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="loc_us-gaap_InterestPayableCurrent_f399ab19-6853-cf94-a0cf-c511e9e00641" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_InterestPayableCurrent_f399ab19-6853-cf94-a0cf-c511e9e00641" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrent_3fe8f96b-142b-97b1-3b39-b8d22cd10e98" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_AccruedLiabilitiesCurrent_3fe8f96b-142b-97b1-3b39-b8d22cd10e98" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_NonRecourseDebtCurrent" xlink:label="loc_aes_NonRecourseDebtCurrent_84e080e2-3c29-a2a3-e6cd-64e33ffee420" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_aes_NonRecourseDebtCurrent_84e080e2-3c29-a2a3-e6cd-64e33ffee420" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_05b9c2a4-6f85-5413-8af9-df620dfd1b1e" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_05b9c2a4-6f85-5413-8af9-df620dfd1b1e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesNoncurrent" xlink:label="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_NonRecourseDebtNonCurrent" xlink:label="loc_aes_NonRecourseDebtNonCurrent_a75381a3-fd02-72e7-5d9d-64e3409ad8e7" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_aes_NonRecourseDebtNonCurrent_a75381a3-fd02-72e7-5d9d-64e3409ad8e7" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_RecourseDebtNonCurrent" xlink:label="loc_aes_RecourseDebtNonCurrent_6a6a6c16-e62e-2fb3-8dd6-64e3406bfa1c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_aes_RecourseDebtNonCurrent_6a6a6c16-e62e-2fb3-8dd6-64e3406bfa1c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_314eb579-3ee1-408c-39f2-e62f2f37befc" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_314eb579-3ee1-408c-39f2-e62f2f37befc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent" xlink:label="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_9a02138f-e52f-25fa-014e-0405ac9ddb27" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_9a02138f-e52f-25fa-014e-0405ac9ddb27" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_f234998c-5e05-09d0-d53e-5c44423c97c0" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_OtherLiabilitiesNoncurrent_f234998c-5e05-09d0-d53e-5c44423c97c0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent_a4dfe063-f815-c20a-13ad-828f72cb97e5" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent_a4dfe063-f815-c20a-13ad-828f72cb97e5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_058e01e4-b9a1-623e-29f5-1b5c79bf095a" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_CommitmentsAndContingencies_058e01e4-b9a1-623e-29f5-1b5c79bf095a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_c3b9426a-456e-2e20-8220-9338acf9491e" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_c3b9426a-456e-2e20-8220-9338acf9491e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_00443492-92dd-7fc1-13b6-792f3e163e73" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_00443492-92dd-7fc1-13b6-792f3e163e73" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_00443492-92dd-7fc1-13b6-792f3e163e73" xlink:to="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_c3f7606a-e7e9-61d5-b60b-b4b059f68b26" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:to="loc_us-gaap_CommonStockValue_c3f7606a-e7e9-61d5-b60b-b4b059f68b26" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_2d1b9d27-8b19-82d9-2843-5b3d292b7fbb" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:to="loc_us-gaap_AdditionalPaidInCapital_2d1b9d27-8b19-82d9-2843-5b3d292b7fbb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_065cb284-7fca-cc9b-5752-2feaf74d0011" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_065cb284-7fca-cc9b-5752-2feaf74d0011" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_04f0961a-a0bc-88cf-6658-3f950da4a458" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_04f0961a-a0bc-88cf-6658-3f950da4a458" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_40678492-c421-af67-b276-f663f9ff2f98" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:to="loc_us-gaap_TreasuryStockValue_40678492-c421-af67-b276-f663f9ff2f98" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_cb565c4d-35c2-d825-4672-f1619e51c133" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_00443492-92dd-7fc1-13b6-792f3e163e73" xlink:to="loc_us-gaap_MinorityInterest_cb565c4d-35c2-d825-4672-f1619e51c133" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_42d61097-0951-9fd0-ccda-87d8624a6e85" xlink:type="arc" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_aes_DebtServiceReservesAndOtherDeposits_af2f6ced-d5e3-d1c4-5388-64e33d400546" xlink:type="arc" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:type="arc" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:type="arc" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="arc" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_aes_ServiceConcessionAssets_1cf7f775-e425-aaa1-5248-64e3394a5385" xlink:type="arc" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Land" xlink:label="loc_us-gaap_Land_a51e8738-e58c-e4f4-3ef7-22747a152cee" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_Land_a51e8738-e58c-e4f4-3ef7-22747a152cee" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaap_ConstructionInProgressGross_594f8c62-c8c5-bd85-818c-71da6f0408d7" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_ConstructionInProgressGross_594f8c62-c8c5-bd85-818c-71da6f0408d7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_d69779e7-80bd-4b93-0bb0-641eb2f586cc" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_d69779e7-80bd-4b93-0bb0-641eb2f586cc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="loc_us-gaap_ShortTermInvestments_d585eba8-c5c0-6186-d29a-3180d2b06f0a" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_ShortTermInvestments_d585eba8-c5c0-6186-d29a-3180d2b06f0a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_dd7775cd-f4ab-5607-9b31-1ee98f605818" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_AccountsReceivableNetCurrent_dd7775cd-f4ab-5607-9b31-1ee98f605818" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_7eab44cf-1ea1-ca2a-420f-21f7b5343fc3" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_InventoryNet_7eab44cf-1ea1-ca2a-420f-21f7b5343fc3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseCurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrent_e844b255-713b-0357-7991-a8c78d02cb50" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_PrepaidExpenseCurrent_e844b255-713b-0357-7991-a8c78d02cb50" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaap_OtherAssetsCurrent_1cb4a384-e314-2300-ad55-c1ed289c8f7a" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_OtherAssetsCurrent_1cb4a384-e314-2300-ad55-c1ed289c8f7a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_7ccd4058-c821-b334-f2ba-45d4b5754cc1" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_7ccd4058-c821-b334-f2ba-45d4b5754cc1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_07da1db4-2708-4446-4250-1fdd5956185e" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_07da1db4-2708-4446-4250-1fdd5956185e" xlink:type="arc" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_63a47f61-ea22-3fe1-a926-4ed4e1977e98" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_cfab4180-0727-b022-76c1-dcd34f4a6382" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_DepreciationAndAmortization_cfab4180-0727-b022-76c1-dcd34f4a6382" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_0427ef0c-6a82-1061-c648-71b3a1a70634" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_GainLossOnSaleOfBusiness_0427ef0c-6a82-1061-c648-71b3a1a70634" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_922befcd-b5b1-7112-2dca-80fbde69a2fe" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_AssetImpairmentCharges_922befcd-b5b1-7112-2dca-80fbde69a2fe" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_f75d01b7-d271-b07d-c4a7-6ae60293303d" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_f75d01b7-d271-b07d-c4a7-6ae60293303d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease" xlink:label="loc_us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease_9e6b4a23-7c4d-a72d-cfb5-f759d1859c4e" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease_9e6b4a23-7c4d-a72d-cfb5-f759d1859c4e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_e044e8e2-5c45-7b11-95e2-5c6b268cc854" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_e044e8e2-5c45-7b11-95e2-5c6b268cc854" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets1" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets1_d5dace7e-16a2-02a1-4993-85329c91fc1e" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_GainLossOnDispositionOfAssets1_d5dace7e-16a2-02a1-4993-85329c91fc1e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_371a4d3e-148a-313f-f556-b3ca6797139e" xlink:type="locator" />
    <link:calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_371a4d3e-148a-313f-f556-b3ca6797139e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_dd4bfa5e-1979-c817-e8a9-371104c0d4f7" xlink:type="locator" />
    <link:calculationArc order="10" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_dd4bfa5e-1979-c817-e8a9-371104c0d4f7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_bf3f9720-ba63-7ecd-52ae-e754a6f349db" xlink:type="locator" />
    <link:calculationArc order="11" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInInventories_bf3f9720-ba63-7ecd-52ae-e754a6f349db" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_c998cbd2-a633-c2ec-1932-e3bfedecbc9f" xlink:type="locator" />
    <link:calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_c998cbd2-a633-c2ec-1932-e3bfedecbc9f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_ac9066b4-6e40-13ed-8628-1a20304926d8" xlink:type="locator" />
    <link:calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_ac9066b4-6e40-13ed-8628-1a20304926d8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_73e959a8-32b6-697e-66b5-86ef5a29476e" xlink:type="locator" />
    <link:calculationArc order="14" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_73e959a8-32b6-697e-66b5-86ef5a29476e" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_IncreaseDecreaseInIncomeTaxAndOtherTaxPayablesNet" xlink:label="loc_aes_IncreaseDecreaseInIncomeTaxAndOtherTaxPayablesNet_3d57d2a1-6e30-77b9-a41c-64e33e972bba" xlink:type="locator" />
    <link:calculationArc order="15" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_aes_IncreaseDecreaseInIncomeTaxAndOtherTaxPayablesNet_3d57d2a1-6e30-77b9-a41c-64e33e972bba" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7e3bb724-19f9-7fc7-d3fb-60f34a11e15a" xlink:type="locator" />
    <link:calculationArc order="16" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_7e3bb724-19f9-7fc7-d3fb-60f34a11e15a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges" xlink:label="loc_us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges_9ce4805d-7e26-0a6e-b5c8-5b3b64e0710f" xlink:type="locator" />
    <link:calculationArc order="17" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:to="loc_us-gaap_GainLossOnSalesOfAssetsAndAssetImpairmentCharges_9ce4805d-7e26-0a6e-b5c8-5b3b64e0710f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_fee12b15-6b42-6245-2e2f-ff030b98332c" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_fee12b15-6b42-6245-2e2f-ff030b98332c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_698fdacf-193f-2d30-d69b-d951ce6235f5" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_698fdacf-193f-2d30-d69b-d951ce6235f5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_cad4ee99-b095-fbc5-76ad-dc7126fb4322" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates_cad4ee99-b095-fbc5-76ad-dc7126fb4322" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfShortTermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_7ff698d9-1fdb-6970-c9a8-b1f93428a1a5" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_7ff698d9-1fdb-6970-c9a8-b1f93428a1a5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireShortTermInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireShortTermInvestments_e9694662-6637-d237-1a9d-f800fe1b0696" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsToAcquireShortTermInvestments_e9694662-6637-d237-1a9d-f800fe1b0696" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCash" xlink:label="loc_us-gaap_IncreaseDecreaseInRestrictedCash_37775d39-399b-0ffb-48fe-db3396bf06a8" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_IncreaseDecreaseInRestrictedCash_37775d39-399b-0ffb-48fe-db3396bf06a8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_5eaab9ea-3795-2871-0d80-72b9662e37e6" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_5eaab9ea-3795-2871-0d80-72b9662e37e6" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForAdvanceToAffiliate" xlink:label="loc_us-gaap_PaymentsForAdvanceToAffiliate_66e8834b-e676-7256-72e0-1dd8098bbd7c" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsForAdvanceToAffiliate_66e8834b-e676-7256-72e0-1dd8098bbd7c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_c99a80fe-6afd-8962-d6d6-92b4884518ef" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_c99a80fe-6afd-8962-d6d6-92b4884518ef" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_b0f6f356-bb74-20ca-535a-0070c6925814" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_b0f6f356-bb74-20ca-535a-0070c6925814" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_RepaymentsOfLinesOfCredit_0e65f67a-86e3-c84f-fab4-e2c0fc4b175d" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_RepaymentsOfLinesOfCredit_0e65f67a-86e3-c84f-fab4-e2c0fc4b175d" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_RepaymentsOfRecourseDebt" xlink:label="loc_aes_RepaymentsOfRecourseDebt_6d6ef6bc-2729-1f01-0335-64e3400e053c" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_RepaymentsOfRecourseDebt_6d6ef6bc-2729-1f01-0335-64e3400e053c" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ProceedsFromIssuanceOfNonrecourseDebt" xlink:label="loc_aes_ProceedsFromIssuanceOfNonrecourseDebt_47ad7b23-a85d-5c28-4455-64e33a34b78a" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_ProceedsFromIssuanceOfNonrecourseDebt_47ad7b23-a85d-5c28-4455-64e33a34b78a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromMinorityShareholders" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_6a660996-9291-b132-478c-dc07edd8fb2c" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromMinorityShareholders_6a660996-9291-b132-478c-dc07edd8fb2c" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_RepaymentsOfNonrecourseDebt" xlink:label="loc_aes_RepaymentsOfNonrecourseDebt_a4bb3ace-2f9e-086e-b4f7-64e3402da7b4" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_RepaymentsOfNonrecourseDebt_a4bb3ace-2f9e-086e-b4f7-64e3402da7b4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfFinancingCosts" xlink:label="loc_us-gaap_PaymentsOfFinancingCosts_7b8a0794-7d87-21cc-a206-45c556522750" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsOfFinancingCosts_7b8a0794-7d87-21cc-a206-45c556522750" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_f5111bee-d5f6-1852-97c9-8d4d4881d906" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_f5111bee-d5f6-1852-97c9-8d4d4881d906" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock_6b3e7889-4197-e9ae-760b-fbef314f3008" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfRedeemablePreferredStock_6b3e7889-4197-e9ae-760b-fbef314f3008" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_6f80ca9e-82d0-f056-a403-c4914c1ce379" xlink:type="locator" />
    <link:calculationArc order="10" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsOfDividendsCommonStock_6f80ca9e-82d0-f056-a403-c4914c1ce379" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_PaymentsForFinancedCapitalExpenditures" xlink:label="loc_aes_PaymentsForFinancedCapitalExpenditures_8cff70cc-d9fe-915c-a22e-64e33979487a" xlink:type="locator" />
    <link:calculationArc order="11" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_PaymentsForFinancedCapitalExpenditures_8cff70cc-d9fe-915c-a22e-64e33979487a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_8a1490c4-32d9-5132-1fe2-2675a45abdae" xlink:type="locator" />
    <link:calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_8a1490c4-32d9-5132-1fe2-2675a45abdae" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ProceedsfromSaleofOwnershipInterests" xlink:label="loc_aes_ProceedsfromSaleofOwnershipInterests_ca67dfde-7794-eeba-b8b2-64e33c463f04" xlink:type="locator" />
    <link:calculationArc order="13" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_ProceedsfromSaleofOwnershipInterests_ca67dfde-7794-eeba-b8b2-64e33c463f04" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_9c4e2a5c-e841-39a2-fcf8-f80cfa44af11" xlink:type="locator" />
    <link:calculationArc order="14" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_9c4e2a5c-e841-39a2-fcf8-f80cfa44af11" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_IssuanceOfRecourseDebt" xlink:label="loc_aes_IssuanceOfRecourseDebt_4448c204-d449-1bcd-eaf6-64e33a8294ee" xlink:type="locator" />
    <link:calculationArc order="15" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_IssuanceOfRecourseDebt_4448c204-d449-1bcd-eaf6-64e33a8294ee" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_8629a772-7004-5d77-9980-0f501e29c5c8" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_8629a772-7004-5d77-9980-0f501e29c5c8" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_NetCashChangeOfDiscontinuedAndHeldForSaleBusinesses" xlink:label="loc_aes_NetCashChangeOfDiscontinuedAndHeldForSaleBusinesses_ef5ee8b4-63b5-0966-4403-64e3401d62bb" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_aes_NetCashChangeOfDiscontinuedAndHeldForSaleBusinesses_ef5ee8b4-63b5-0966-4403-64e3401d62bb" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_IncreaseDecreaseincashforHeldforsalebusinesses" xlink:label="loc_aes_IncreaseDecreaseincashforHeldforsalebusinesses_e39a6b09-1db8-4e86-b86f-64e33f1484b7" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_aes_IncreaseDecreaseincashforHeldforsalebusinesses_e39a6b09-1db8-4e86-b86f-64e33f1484b7" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_499015ce-2160-aed2-85a3-080e8c4c6cdf" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_499015ce-2160-aed2-85a3-080e8c4c6cdf" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:to="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_351eeed0-a987-88e4-c007-095f3644ffff" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_351eeed0-a987-88e4-c007-095f3644ffff" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_d2d36274-7b68-9103-14a3-617c45cc554c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_351eeed0-a987-88e4-c007-095f3644ffff" xlink:to="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_d2d36274-7b68-9103-14a3-617c45cc554c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_0c021c26-ed4a-7920-60e8-7198173b3c69" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_351eeed0-a987-88e4-c007-095f3644ffff" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_0c021c26-ed4a-7920-60e8-7198173b3c69" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_cc7c59d2-21ac-163e-0898-1c1f212ef02b" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_cc7c59d2-21ac-163e-0898-1c1f212ef02b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_6feed690-17e1-a928-d1c5-204f2faa570e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_cc7c59d2-21ac-163e-0898-1c1f212ef02b" xlink:to="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_6feed690-17e1-a928-d1c5-204f2faa570e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_aa99f772-8337-cbc2-0b89-25fbb3108271" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_cc7c59d2-21ac-163e-0898-1c1f212ef02b" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_aa99f772-8337-cbc2-0b89-25fbb3108271" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_dd69e307-3cf6-284a-5315-8fa7ac464283" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_7908f590-67cb-1122-d422-880e24cad7ce" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_499015ce-2160-aed2-85a3-080e8c4c6cdf" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_7908f590-67cb-1122-d422-880e24cad7ce" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2a6e77d2-a694-61f8-1c68-085fd849c780" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2a6e77d2-a694-61f8-1c68-085fd849c780" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_351eeed0-a987-88e4-c007-095f3644ffff" xlink:type="arc" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2a6e77d2-a694-61f8-1c68-085fd849c780" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_cc7c59d2-21ac-163e-0898-1c1f212ef02b" xlink:type="arc" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_2a6e77d2-a694-61f8-1c68-085fd849c780" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfComprehensiveIncomeParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfOperations" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_fe6ff5e7-33ad-d0eb-3545-2854577c8d1d" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_e4763c0c-8fb9-af76-cf2b-4d5847742ea9" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareBasic_fe6ff5e7-33ad-d0eb-3545-2854577c8d1d" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_e4763c0c-8fb9-af76-cf2b-4d5847742ea9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_3fe2b3b7-b213-d182-04b7-224fb5b2cf36" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareBasic_fe6ff5e7-33ad-d0eb-3545-2854577c8d1d" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_3fe2b3b7-b213-d182-04b7-224fb5b2cf36" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_220f7108-2ee6-8535-1bca-b062759c7beb" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_35443bfe-146b-7ba7-b1f8-4daa6ea7427c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareDiluted_220f7108-2ee6-8535-1bca-b062759c7beb" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare_35443bfe-146b-7ba7-b1f8-4daa6ea7427c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_f309c50c-2dc0-f2fb-e4a2-9d61bc04812a" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareDiluted_220f7108-2ee6-8535-1bca-b062759c7beb" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare_f309c50c-2dc0-f2fb-e4a2-9d61bc04812a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_33076493-4882-6413-5de3-7bb85b9df3b7" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_33076493-4882-6413-5de3-7bb85b9df3b7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_33076493-4882-6413-5de3-7bb85b9df3b7" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GrossProfit" xlink:label="loc_us-gaap_GrossProfit_aaae347c-fa91-e2c3-dd05-1b008b13fd0c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_GrossProfit_aaae347c-fa91-e2c3-dd05-1b008b13fd0c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ElectricUtilityRevenue" xlink:label="loc_us-gaap_ElectricUtilityRevenue_cece45b4-e0c7-5b24-1c35-a87595ddae62" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_GrossProfit_aaae347c-fa91-e2c3-dd05-1b008b13fd0c" xlink:to="loc_us-gaap_ElectricUtilityRevenue_cece45b4-e0c7-5b24-1c35-a87595ddae62" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ElectricalDistributionRevenue" xlink:label="loc_us-gaap_ElectricalDistributionRevenue_047d37a8-8dbb-232f-10b6-f1254e5b9a8d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ElectricUtilityRevenue_cece45b4-e0c7-5b24-1c35-a87595ddae62" xlink:to="loc_us-gaap_ElectricalDistributionRevenue_047d37a8-8dbb-232f-10b6-f1254e5b9a8d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ElectricalGenerationRevenue" xlink:label="loc_us-gaap_ElectricalGenerationRevenue_05dfbe93-afed-1238-9ac0-a5ef943c17fb" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ElectricUtilityRevenue_cece45b4-e0c7-5b24-1c35-a87595ddae62" xlink:to="loc_us-gaap_ElectricalGenerationRevenue_05dfbe93-afed-1238-9ac0-a5ef943c17fb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfGoodsSoldElectric" xlink:label="loc_us-gaap_CostOfGoodsSoldElectric_b41ef4c7-1120-65a4-2a1d-592e25c1757c" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_GrossProfit_aaae347c-fa91-e2c3-dd05-1b008b13fd0c" xlink:to="loc_us-gaap_CostOfGoodsSoldElectric_b41ef4c7-1120-65a4-2a1d-592e25c1757c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfTransmission" xlink:label="loc_us-gaap_CostOfTransmission_b48b4c2e-d461-dfc6-fb8b-27404ca9917d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostOfGoodsSoldElectric_b41ef4c7-1120-65a4-2a1d-592e25c1757c" xlink:to="loc_us-gaap_CostOfTransmission_b48b4c2e-d461-dfc6-fb8b-27404ca9917d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ElectricProductionExpense" xlink:label="loc_us-gaap_ElectricProductionExpense_ff764e88-75d5-a255-98c7-48118d51d19c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostOfGoodsSoldElectric_b41ef4c7-1120-65a4-2a1d-592e25c1757c" xlink:to="loc_us-gaap_ElectricProductionExpense_ff764e88-75d5-a255-98c7-48118d51d19c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_87411e46-c979-a1ff-e8b3-f4f75d86b855" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_87411e46-c979-a1ff-e8b3-f4f75d86b855" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_7c9599ab-2a77-022c-c720-63fecff6a62c" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_InterestExpense_7c9599ab-2a77-022c-c720-63fecff6a62c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaap_InvestmentIncomeInterest_27459a92-428a-e415-bdb1-176ed2662e11" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_InvestmentIncomeInterest_27459a92-428a-e415-bdb1-176ed2662e11" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_3db65903-3171-d63c-a688-532ba00b8108" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_3db65903-3171-d63c-a688-532ba00b8108" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_fddbfe05-903b-f997-5941-640200f58e74" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_OtherExpenses_fddbfe05-903b-f997-5941-640200f58e74" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIncome" xlink:label="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonoperatingGainsLosses" xlink:label="loc_us-gaap_NonoperatingGainsLosses_d80300b5-9f1b-51c8-2d29-0661bee0205d" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_NonoperatingGainsLosses_d80300b5-9f1b-51c8-2d29-0661bee0205d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_fca284fd-6d29-9ad5-2fe0-048c9053b712" xlink:type="locator" />
    <link:calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_GoodwillImpairmentLoss_fca284fd-6d29-9ad5-2fe0-048c9053b712" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetImpairmentCharges" xlink:label="loc_us-gaap_OtherAssetImpairmentCharges_eaf7cabe-412c-1a25-b756-38185ff5b0e7" xlink:type="locator" />
    <link:calculationArc order="10" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_OtherAssetImpairmentCharges_eaf7cabe-412c-1a25-b756-38185ff5b0e7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossBeforeTax" xlink:label="loc_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_303ce027-35e0-90c6-b665-c64d3c33d4e9" xlink:type="locator" />
    <link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_ForeignCurrencyTransactionGainLossBeforeTax_303ce027-35e0-90c6-b665-c64d3c33d4e9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherNonoperatingExpense" xlink:label="loc_us-gaap_OtherNonoperatingExpense_c4282c60-5906-e6d6-ad15-55cf7a8c6ef0" xlink:type="locator" />
    <link:calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_OtherNonoperatingExpense_c4282c60-5906-e6d6-ad15-55cf7a8c6ef0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_33076493-4882-6413-5de3-7bb85b9df3b7" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_1c520208-bae2-1c51-b4b4-935e91f5fece" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_33076493-4882-6413-5de3-7bb85b9df3b7" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_1c520208-bae2-1c51-b4b4-935e91f5fece" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_7756a183-8819-2804-53bb-41da4e9c6258" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:to="loc_us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_7756a183-8819-2804-53bb-41da4e9c6258" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_ed6d6007-850c-eb63-dcdf-32fc8e15100b" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_adacf05e-7e15-bd60-3e53-87432885dc29" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_ed6d6007-850c-eb63-dcdf-32fc8e15100b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperations_29cb4575-1df0-23a0-aea0-70de299da05c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperations_29cb4575-1df0-23a0-aea0-70de299da05c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_b9914cca-4860-d701-8b49-ae2910ad372f" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_b9914cca-4860-d701-8b49-ae2910ad372f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_baabbf0a-644b-708a-c310-1211f9af2775" xlink:type="locator" />
    <link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_baabbf0a-644b-708a-c310-1211f9af2775" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfOperationsCalc2" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_895E6D8870D01BE1E544D277FF84E0E2_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperations_895E6D8870D01BE1E544D277FF84E0E2_29cb4575-1df0-23a0-aea0-70de299da05c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_895E6D8870D01BE1E544D277FF84E0E2_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperations_895E6D8870D01BE1E544D277FF84E0E2_29cb4575-1df0-23a0-aea0-70de299da05c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_895E6D8870D01BE1E544D277FF84E0E2_b9914cca-4860-d701-8b49-ae2910ad372f" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_895E6D8870D01BE1E544D277FF84E0E2_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_895E6D8870D01BE1E544D277FF84E0E2_b9914cca-4860-d701-8b49-ae2910ad372f" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ConsolidatedStatementsOfOperationsParenthetical" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/Contingencies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ContingenciesContingenciesPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ContingenciesLossContingenciesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ContingenciesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/Debt" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtNonRecourseDebtCarryingAmountsAndTermsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NonRecourseDebt" xlink:label="loc_us-gaap_NonRecourseDebt_2a5381dc-4a71-8df9-a919-e9d5ac2357fa" xlink:type="locator" />
    <link:loc xlink:href="aes-20171231.xsd#aes_NonRecourseDebtCurrent" xlink:label="loc_aes_NonRecourseDebtCurrent_84e080e2-3c29-a2a3-e6cd-64e33ffee420" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonRecourseDebt_2a5381dc-4a71-8df9-a919-e9d5ac2357fa" xlink:to="loc_aes_NonRecourseDebtCurrent_84e080e2-3c29-a2a3-e6cd-64e33ffee420" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_NonRecourseDebtNonCurrent" xlink:label="loc_aes_NonRecourseDebtNonCurrent_a75381a3-fd02-72e7-5d9d-64e3409ad8e7" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NonRecourseDebt_2a5381dc-4a71-8df9-a919-e9d5ac2357fa" xlink:to="loc_aes_NonRecourseDebtNonCurrent_a75381a3-fd02-72e7-5d9d-64e3409ad8e7" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtNonRecourseDebtMaturityScheduleDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtNonRecourseDebtNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtRecourseDebtCarryingAmountAndTermsDetails" xlink:type="extended">
    <link:loc xlink:href="aes-20171231.xsd#aes_RecourseDebtTotal" xlink:label="loc_aes_RecourseDebtTotal_838c1439-7aa0-c77b-d3da-64e340d890f2" xlink:type="locator" />
    <link:loc xlink:href="aes-20171231.xsd#aes_RecourseDebtCurrent" xlink:label="loc_aes_RecourseDebtCurrent_57a38af3-5672-1b08-472f-64e33cd3b3f3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_RecourseDebtTotal_838c1439-7aa0-c77b-d3da-64e340d890f2" xlink:to="loc_aes_RecourseDebtCurrent_57a38af3-5672-1b08-472f-64e33cd3b3f3" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_RecourseDebtNonCurrent" xlink:label="loc_aes_RecourseDebtNonCurrent_6a6a6c16-e62e-2fb3-8dd6-64e3406bfa1c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_RecourseDebtTotal_838c1439-7aa0-c77b-d3da-64e340d890f2" xlink:to="loc_aes_RecourseDebtNonCurrent_6a6a6c16-e62e-2fb3-8dd6-64e3406bfa1c" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtRecourseDebtNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtRecourseDebtNetPrincipalAmountsDueOverFiveYearsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtSubsidiaryNonRecourseDebtInDefaultOrAcceleratedDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DebtTermConvertibleTrustSecuritiesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesCurrentVsNoncurrentDerivativeInstrumentsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesAssetsAndLiabilitiesDesignatedVsNotDesignatedHedgingInstrumentsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesCommodityDerivativesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesCreditRiskRelatedContingentFeaturesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesEffectivePortionOfCashFlowHedgesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesDerivativeInstrumentsAndHedgingActivitiesIneffectivePortionOfCashFlowHedgesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesForeignCurrencyDerivativesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesOutstandingDerivativeNotionalsAndTermsByTypeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DerivativeInstrumentsAndHedgingActivitiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DiscontinuedOperations" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesScheduleOfDisposalGroupsIncludingDiscontinuedOperationsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DiscontinuedOperationsAndHeldForSaleBusinessesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/DocumentAndEntityInformation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EarningsPerShare" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EarningsPerShareEarningsPerSharePolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EarningsPerShareNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EarningsPerShareScheduleOfEarningsPerShareBasicAndDilutedDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_223fd9c8-68e8-e433-7c40-f98b238e79de" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_cee10fe8-a4bb-491c-22f6-69a723d6a718" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_223fd9c8-68e8-e433-7c40-f98b238e79de" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_cee10fe8-a4bb-491c-22f6-69a723d6a718" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_002e59bf-dd40-7260-a9ce-7bf122905487" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_223fd9c8-68e8-e433-7c40-f98b238e79de" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_002e59bf-dd40-7260-a9ce-7bf122905487" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_86e61cf2-b7b2-e230-65f1-5a2b152f3a30" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_223fd9c8-68e8-e433-7c40-f98b238e79de" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_86e61cf2-b7b2-e230-65f1-5a2b152f3a30" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsDilutedEarnings" xlink:label="loc_aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsDilutedEarnings_f73b1f8e-a62f-60ff-4cad-64e33dbd28b8" xlink:type="locator" />
    <link:loc xlink:href="aes-20171231.xsd#aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsBasicEarnings" xlink:label="loc_aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsBasicEarnings_ebb1aa06-8716-f5d4-12d0-64e3405c7b1f" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsDilutedEarnings_f73b1f8e-a62f-60ff-4cad-64e33dbd28b8" xlink:to="loc_aes_IncomelossfromcontinuingoperationsafterAdjustmenttoRetainedEarningsBasicEarnings_ebb1aa06-8716-f5d4-12d0-64e3405c7b1f" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/EarningsPerShareTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/Equity" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityAccumulatedOtherComprehensiveLossDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityDeconsolidationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityEquityDividendsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityEquityNetIncomeLossAttributableToAesCorporationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityEquityStockRepurchasesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityReclassificationsOutOfAoclDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityReclassificationsOutOfAoclDetailsCalc2" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/EquityTransactionsWithNoncontrollingInterestsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValue" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueInstrumentsNotMeasuredAtFairValueDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueLevel3ReconciliationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueNonrecurringMeasurementsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueNonrecurringUnobservableInputsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueQuantitativeInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueRecurringMeasurementsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FairValueTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FinancingReceivables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FinancingReceivablesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/FinancingReceivablesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesChangeInAccountingEstimateDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesEffectOfChangeInEstimateTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesFiniteLivedIntangibleAssetsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesNewAccountingPronouncementsAdoptedDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GeneralAndSummaryOfSignificantAccountingPoliciesPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssets" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsExpectedAmortizationExpenseDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsGoodwillRollForwardDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillGross" xlink:label="loc_us-gaap_GoodwillGross_f8468382-b91b-4f7a-57af-96a105896e89" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:to="loc_us-gaap_GoodwillGross_f8468382-b91b-4f7a-57af-96a105896e89" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GoodwillImpairedAccumulatedImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairedAccumulatedImpairmentLoss_e0e68795-51b1-5a3b-8be1-d04779347384" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Goodwill_93a64cae-271a-5e6b-8c83-5adf9f941142" xlink:to="loc_us-gaap_GoodwillImpairedAccumulatedImpairmentLoss_e0e68795-51b1-5a3b-8be1-d04779347384" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsIntangibleAssetsAcquiredDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsIntangibleAssetsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_49187b45-82fd-7060-b114-79ff249a4331" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_c3ed8a56-abe0-6418-c541-e6b647d6318a" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_49187b45-82fd-7060-b114-79ff249a4331" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_c3ed8a56-abe0-6418-c541-e6b647d6318a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_5d62e128-f1a1-954f-82e2-1936cb67d793" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_49187b45-82fd-7060-b114-79ff249a4331" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsGross_5d62e128-f1a1-954f-82e2-1936cb67d793" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_a6de665e-02e5-e3e1-f0df-a5f7155acc66" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:to="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_a6de665e-02e5-e3e1-f0df-a5f7155acc66" xlink:type="arc" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_1fe06082-076b-052d-6e2e-930afe9d6b2d" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_c3ed8a56-abe0-6418-c541-e6b647d6318a" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsScheduleOfFiniteLivedIntangibleAssetsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxes" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesComponentsOfIncomeTaxesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_36ba223a-0466-98b6-2d31-f243492419f9" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_CurrentFederalTaxExpenseBenefit_36ba223a-0466-98b6-2d31-f243492419f9" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_15bb8413-7c16-05ff-0f24-330007bd87a4" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_15bb8413-7c16-05ff-0f24-330007bd87a4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_10028fc1-eee3-03f5-6f20-ff5d85e3c0b2" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_10028fc1-eee3-03f5-6f20-ff5d85e3c0b2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_40691c72-4a6d-af64-c37e-f5abe38c6165" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_40691c72-4a6d-af64-c37e-f5abe38c6165" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_7d48046d-7441-0899-53b0-aaa1e573540a" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_CurrentForeignTaxExpenseBenefit_7d48046d-7441-0899-53b0-aaa1e573540a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_67cd26b3-6ceb-499c-0dd8-da28cd1ddfc3" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:to="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_67cd26b3-6ceb-499c-0dd8-da28cd1ddfc3" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_644ceb1c-07ef-6a89-f014-9d7b5dfbc918" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_d74724c2-178d-7f3f-8e86-5f5ba690672c" xlink:type="locator" />
    <link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxLiabilities_644ceb1c-07ef-6a89-f014-9d7b5dfbc918" xlink:to="loc_us-gaap_DeferredTaxAssetsNet_d74724c2-178d-7f3f-8e86-5f5ba690672c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_d74724c2-178d-7f3f-8e86-5f5ba690672c" xlink:to="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_3541201a-a025-b00d-aec1-2cb167bdef44" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:to="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_3541201a-a025-b00d-aec1-2cb167bdef44" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_48b72f02-1eed-1aa7-2094-cedc154da1ea" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:to="loc_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_48b72f02-1eed-1aa7-2094-cedc154da1ea" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals_e56405b8-dd11-954e-a13b-53d9b95e2621" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:to="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals_e56405b8-dd11-954e-a13b-53d9b95e2621" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_DeferredTaxAssetsTaxCreditCarryforwardsGross" xlink:label="loc_aes_DeferredTaxAssetsTaxCreditCarryforwardsGross_2428eb1e-5bec-ca80-fbe7-64e33fb032ff" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:to="loc_aes_DeferredTaxAssetsTaxCreditCarryforwardsGross_2428eb1e-5bec-ca80-fbe7-64e33fb032ff" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_91623f44-5f42-408a-f7b7-7a4698afab83" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_40f9cbe3-f1cd-d4d3-e7be-f62e64714b00" xlink:to="loc_us-gaap_DeferredTaxAssetsOther_91623f44-5f42-408a-f7b7-7a4698afab83" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_46929883-d93f-69b0-5ded-4c800feeb57f" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_d74724c2-178d-7f3f-8e86-5f5ba690672c" xlink:to="loc_us-gaap_DeferredTaxAssetsValuationAllowance_46929883-d93f-69b0-5ded-4c800feeb57f" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_bbf9fd06-b461-3f65-8882-6e322d99a60b" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxLiabilities_644ceb1c-07ef-6a89-f014-9d7b5dfbc918" xlink:to="loc_us-gaap_DeferredIncomeTaxLiabilities_bbf9fd06-b461-3f65-8882-6e322d99a60b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_dde5eeca-2b71-60e2-a05c-fb2f2f5703af" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_bbf9fd06-b461-3f65-8882-6e322d99a60b" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_dde5eeca-2b71-60e2-a05c-fb2f2f5703af" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOther_40c7d4a7-f1a1-0c55-497e-f9a3bb09604c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_bbf9fd06-b461-3f65-8882-6e322d99a60b" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesOther_40c7d4a7-f1a1-0c55-497e-f9a3bb09604c" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesDeferredTaxAssetsAndDeferredTaxLiabilitiesDetailsCalc2" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesEffectiveIncomeTaxReconciliationDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_29919d14-72a3-6197-982a-3a6269f21038" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_29919d14-72a3-6197-982a-3a6269f21038" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_c48cf597-7f94-3186-bb2a-448703ee500e" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_c48cf597-7f94-3186-bb2a-448703ee500e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_744a85ef-de6a-dc1b-540c-cd37e4ee0e8e" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_744a85ef-de6a-dc1b-540c-cd37e4ee0e8e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_e1bd5e97-dd80-bb67-1b32-f0283be3c62d" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_e1bd5e97-dd80-bb67-1b32-f0283be3c62d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationDispositionOfBusiness" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationDispositionOfBusiness_7091427f-dfef-d867-37d2-3ee5f6498228" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationDispositionOfBusiness_7091427f-dfef-d867-37d2-3ee5f6498228" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_EffectiveIncomeTaxRateReconciliationWithholdingTaxReversals" xlink:label="loc_aes_EffectiveIncomeTaxRateReconciliationWithholdingTaxReversals_7f4234d3-5b47-687d-24d7-64e33c089efe" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_aes_EffectiveIncomeTaxRateReconciliationWithholdingTaxReversals_7f4234d3-5b47-687d-24d7-64e33c089efe" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_44b12409-d280-6104-3471-be0f21055694" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_44b12409-d280-6104-3471-be0f21055694" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_EffectiveIncomeTaxRateReconciliationDplGoodwillImpairment" xlink:label="loc_aes_EffectiveIncomeTaxRateReconciliationDplGoodwillImpairment_a98aff0c-9d48-7ee8-3fd0-64e339e6d0fb" xlink:type="locator" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_aes_EffectiveIncomeTaxRateReconciliationDplGoodwillImpairment_a98aff0c-9d48-7ee8-3fd0-64e339e6d0fb" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_e076fca2-751d-53ee-27b4-64a5b6f5b217" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_8712fd02-171c-5995-3f18-84e885c380b9" xlink:to="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_e076fca2-751d-53ee-27b4-64a5b6f5b217" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesIncomeLossFromContinuingOperationsBeforeIncomeTaxDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_684e73bc-c774-15b7-cfc4-307e06892c2e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_684e73bc-c774-15b7-cfc4-307e06892c2e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_77aad584-eda7-6ab9-9bf4-262b9a6dd394" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_0eb47183-f513-314d-ceda-ee2412d9eee8" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_77aad584-eda7-6ab9-9bf4-262b9a6dd394" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesIncomeTaxPayablesAndIncomeTaxReceivablesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxReceivable" xlink:label="loc_us-gaap_IncomeTaxReceivable_fbd56dd7-ddd5-30c6-15d4-3f5e7f40834c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_789a7873-b967-40a1-5141-a622987f261b" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeTaxReceivable_fbd56dd7-ddd5-30c6-15d4-3f5e7f40834c" xlink:to="loc_us-gaap_IncomeTaxesReceivable_789a7873-b967-40a1-5141-a622987f261b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="loc_us-gaap_AccruedIncomeTaxes_e24bf851-0f63-5d95-87c7-77732da67d36" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedIncomeTaxesCurrent" xlink:label="loc_us-gaap_AccruedIncomeTaxesCurrent_bd3a7ae4-0e62-b7df-2312-729d1644863d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccruedIncomeTaxes_e24bf851-0f63-5d95-87c7-77732da67d36" xlink:to="loc_us-gaap_AccruedIncomeTaxesCurrent_bd3a7ae4-0e62-b7df-2312-729d1644863d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedIncomeTaxesNoncurrent" xlink:label="loc_us-gaap_AccruedIncomeTaxesNoncurrent_39fdf2e0-cba9-5ec1-5f6b-a944b9ccb0d0" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccruedIncomeTaxes_e24bf851-0f63-5d95-87c7-77732da67d36" xlink:to="loc_us-gaap_AccruedIncomeTaxesNoncurrent_39fdf2e0-cba9-5ec1-5f6b-a944b9ccb0d0" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesIncomeTaxesPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/IncomeTaxesUnrecognizedTaxBenefitsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/Inventory" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InventoryDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_7eab44cf-1ea1-ca2a-420f-21f7b5343fc3" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoryRawMaterialsNetOfReserves" xlink:label="loc_us-gaap_InventoryRawMaterialsNetOfReserves_d8866e11-7330-6a9a-9ba0-56d88707d8ec" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InventoryNet_7eab44cf-1ea1-ca2a-420f-21f7b5343fc3" xlink:to="loc_us-gaap_InventoryRawMaterialsNetOfReserves_d8866e11-7330-6a9a-9ba0-56d88707d8ec" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventorySuppliesNetOfReserves" xlink:label="loc_us-gaap_InventorySuppliesNetOfReserves_8ef1158b-b961-1316-03bb-4b29cdc827f7" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InventoryNet_7eab44cf-1ea1-ca2a-420f-21f7b5343fc3" xlink:to="loc_us-gaap_InventorySuppliesNetOfReserves_8ef1158b-b961-1316-03bb-4b29cdc827f7" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/InventoryTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliates" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesEffectiveEquityOwnershipInterestAndCarryingValuesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesSummarizedFinancialInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesSummaryOfFinancialInformationOfAffiliatesSubsidiariesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInAndAdvancesToAffiliatesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInMarketableSecurities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInMarketableSecuritiesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/InvestmentsInMarketableSecuritiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/OtherIncomeAndExpense" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/OtherIncomeAndExpenseNonoperatingIncomeDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIncome" xlink:label="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnContractTermination" xlink:label="loc_us-gaap_GainLossOnContractTermination_44bb925b-a24d-df3d-7c3c-f9b3e427fbe4" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:to="loc_us-gaap_GainLossOnContractTermination_44bb925b-a24d-df3d-7c3c-f9b3e427fbe4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfOtherAssets" xlink:label="loc_us-gaap_GainLossOnSaleOfOtherAssets_e16f40d7-1761-d7ac-02fc-51ccf66c153c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:to="loc_us-gaap_GainLossOnSaleOfOtherAssets_e16f40d7-1761-d7ac-02fc-51ccf66c153c" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ReversalOfLegalContingency" xlink:label="loc_aes_ReversalOfLegalContingency_bc4a6eb5-7b6b-7fd5-2102-64e33dcc448c" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:to="loc_aes_ReversalOfLegalContingency_bc4a6eb5-7b6b-7fd5-2102-64e33dcc448c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherOperatingIncome" xlink:label="loc_us-gaap_OtherOperatingIncome_6dc62f9f-0c1f-a219-8530-2c4dc2c8a87a" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:to="loc_us-gaap_OtherOperatingIncome_6dc62f9f-0c1f-a219-8530-2c4dc2c8a87a" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions" xlink:label="loc_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions_f57e640a-25ed-d49d-02fe-14cc42f169ab" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:to="loc_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions_f57e640a-25ed-d49d-02fe-14cc42f169ab" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/OtherIncomeAndExpenseOtherExpenseDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/OtherIncomeAndExpenseTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/OtherNonOperatingExpenseOtherNonOperatingExpense" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipment" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentAssetRetirementObligationsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentComponentsOfPpeDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOtherNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOtherNet_968fa8c2-ba2c-0e2e-e0d8-19a38ad0b3e0" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentOtherNet_968fa8c2-ba2c-0e2e-e0d8-19a38ad0b3e0" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentOtherNet_968fa8c2-ba2c-0e2e-e0d8-19a38ad0b3e0" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentDepreciationExpenseSoftwareAmortizationAndCapitalizedInterestDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentOwnershipOfCoalFiredFacilitiesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentRegulatedAndNonRegulatedGenerationAndDistributionPpeDetails" xlink:type="extended">
    <link:loc xlink:href="aes-20171231.xsd#aes_PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale" xlink:label="loc_aes_PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale_5196925e-c6d3-877f-9b6c-64e33e3a1533" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale_5196925e-c6d3-877f-9b6c-64e33e3a1533" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_PropertyPlantAndEquipmentElectricGenerationDistributionAssetsAndOtherNetHeldForSale_5196925e-c6d3-877f-9b6c-64e33e3a1533" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/PropertyPlantAndEquipmentTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RedeemableStockOfSubsidiaries" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RedeemableStockOfSubsidiariesNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RedeemableStockOfSubsidiariesRedeemableStockOfSubsidiariesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RegulatoryAssetsAndLiabilities" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryLiabilities" xlink:label="loc_us-gaap_RegulatoryLiabilities_9e4e7643-cc5f-fd04-e7d5-a59970203cb8" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryLiabilityCurrent" xlink:label="loc_us-gaap_RegulatoryLiabilityCurrent_4aca1554-73cb-0edc-0b8c-fd23543ae37d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RegulatoryLiabilities_9e4e7643-cc5f-fd04-e7d5-a59970203cb8" xlink:to="loc_us-gaap_RegulatoryLiabilityCurrent_4aca1554-73cb-0edc-0b8c-fd23543ae37d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryLiabilityNoncurrent" xlink:label="loc_us-gaap_RegulatoryLiabilityNoncurrent_630ce5df-98d8-d515-0f5c-663a0889bd56" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RegulatoryLiabilities_9e4e7643-cc5f-fd04-e7d5-a59970203cb8" xlink:to="loc_us-gaap_RegulatoryLiabilityNoncurrent_630ce5df-98d8-d515-0f5c-663a0889bd56" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryAssets" xlink:label="loc_us-gaap_RegulatoryAssets_c9ac2eaa-6caf-7eeb-f875-3fe8a8f5f014" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryAssetsCurrent" xlink:label="loc_us-gaap_RegulatoryAssetsCurrent_daa06a81-b926-da9a-fbbf-8528d98637b7" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RegulatoryAssets_c9ac2eaa-6caf-7eeb-f875-3fe8a8f5f014" xlink:to="loc_us-gaap_RegulatoryAssetsCurrent_daa06a81-b926-da9a-fbbf-8528d98637b7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RegulatoryAssetsNoncurrent" xlink:label="loc_us-gaap_RegulatoryAssetsNoncurrent_5f59bb76-086c-b40c-c9d5-6de36890630c" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RegulatoryAssets_c9ac2eaa-6caf-7eeb-f875-3fe8a8f5f014" xlink:to="loc_us-gaap_RegulatoryAssetsNoncurrent_5f59bb76-086c-b40c-c9d5-6de36890630c" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesRegulatoryAssetsAndLiabilitiesByReportableSegmentDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RegulatoryAssetsAndLiabilitiesTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RelatedPartyTransactions" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RelatedPartyTransactionsScheduleOfRelatedPartyReceivablesPayablesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RelatedPartyTransactionsScheduleOfRelatedPartyTransactionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RelatedPartyTransactionsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RisksAndUncertainties" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/RisksAndUncertaintiesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParent" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentBalanceSheetDetails" xlink:type="extended">
    <link:loc xlink:href="aes-20171231.xsd#aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment" xlink:label="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIntangibleAssetsNet" xlink:label="loc_us-gaap_OtherIntangibleAssetsNet_d971df09-e3c8-ceae-8888-660d288fe07e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_OtherIntangibleAssetsNet_d971df09-e3c8-ceae-8888-660d288fe07e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredFinanceCostsNoncurrentNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNoncurrentNet_1d3fd592-fec8-0a0c-5f75-15ceb940772b" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_DeferredFinanceCostsNoncurrentNet_1d3fd592-fec8-0a0c-5f75-15ceb940772b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:label="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_aes_AssetsNoncurrentExcludingPropertyPlantAndEquipment_bf81f332-0887-cfcf-9ff7-64e33cf2a572" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_07da1db4-2708-4446-4250-1fdd5956185e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_07da1db4-2708-4446-4250-1fdd5956185e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_d69779e7-80bd-4b93-0bb0-641eb2f586cc" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_d69779e7-80bd-4b93-0bb0-641eb2f586cc" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueFromRelatedPartiesCurrent" xlink:label="loc_us-gaap_DueFromRelatedPartiesCurrent_01d226b5-d89e-45e6-1279-541e7b5bf1df" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_DueFromRelatedPartiesCurrent_01d226b5-d89e-45e6-1279-541e7b5bf1df" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DeferredTaxAssetsNetCurrent" xlink:label="loc_us-gaap_DeferredTaxAssetsNetCurrent_02915ede-9b4f-04d7-f804-a5c5e4bc39d2" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_DeferredTaxAssetsNetCurrent_02915ede-9b4f-04d7-f804-a5c5e4bc39d2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_2294e6a2-7bab-43ed-d02c-bdf73b8fa561" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8a47066b-3628-88d1-49db-ed09aecc7fc7" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_2294e6a2-7bab-43ed-d02c-bdf73b8fa561" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_07da1db4-2708-4446-4250-1fdd5956185e" xlink:type="arc" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_d69779e7-80bd-4b93-0bb0-641eb2f586cc" xlink:type="arc" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DueFromRelatedPartiesCurrent_01d226b5-d89e-45e6-1279-541e7b5bf1df" xlink:type="arc" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_2294e6a2-7bab-43ed-d02c-bdf73b8fa561" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_42d61097-0951-9fd0-ccda-87d8624a6e85" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_42d61097-0951-9fd0-ccda-87d8624a6e85" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:type="locator" />
    <link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentOther_6079c7d0-bda6-db46-0986-a0baf387f862" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_1944a381-5c4e-ce3c-9111-13ccd1c639db" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_5551841b-83e0-4644-fca8-d4027d932c0a" xlink:type="arc" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_OtherIntangibleAssetsNet_d971df09-e3c8-ceae-8888-660d288fe07e" xlink:type="arc" />
    <link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DeferredFinanceCostsNoncurrentNet_1d3fd592-fec8-0a0c-5f75-15ceb940772b" xlink:type="arc" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_0176d7b6-3703-b24f-2db3-fb35a9f915aa" xlink:type="arc" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_9b27fab9-d497-627b-4cfb-6b585220b978" xlink:type="arc" />
    <link:calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_c6057b1d-6685-8249-2051-6c57f3a16a9e" xlink:to="loc_us-gaap_DeferredTaxAssetsNetCurrent_02915ede-9b4f-04d7-f804-a5c5e4bc39d2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_7a72b51a-735c-1ad4-bd3f-d9bcf2d6a26d" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_AccountsPayableCurrent_7a72b51a-735c-1ad4-bd3f-d9bcf2d6a26d" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueToRelatedPartiesCurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesCurrent_3ddd0b13-958a-0fd0-3f3e-22792313d873" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_DueToRelatedPartiesCurrent_3ddd0b13-958a-0fd0-3f3e-22792313d873" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrent_3fe8f96b-142b-97b1-3b39-b8d22cd10e98" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_AccruedLiabilitiesCurrent_3fe8f96b-142b-97b1-3b39-b8d22cd10e98" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SeniorNotesCurrent" xlink:label="loc_us-gaap_SeniorNotesCurrent_d7cf8e9d-b01e-152a-2725-cdca893bd9e2" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_f5e246cf-e80f-d00b-c8ed-4796aa2df4b4" xlink:to="loc_us-gaap_SeniorNotesCurrent_d7cf8e9d-b01e-152a-2725-cdca893bd9e2" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LiabilitiesNoncurrent" xlink:label="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SeniorLongTermNotes" xlink:label="loc_us-gaap_SeniorLongTermNotes_5f8731e7-1843-a402-a2db-a7943d10446c" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_SeniorLongTermNotes_5f8731e7-1843-a402-a2db-a7943d10446c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_JuniorSubordinatedLongTermNotes" xlink:label="loc_us-gaap_JuniorSubordinatedLongTermNotes_5c387dd0-79b3-a5e5-cafd-2e797e3c55d7" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_JuniorSubordinatedLongTermNotes_5c387dd0-79b3-a5e5-cafd-2e797e3c55d7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DueToRelatedPartiesNoncurrent" xlink:label="loc_us-gaap_DueToRelatedPartiesNoncurrent_9d018650-547f-00ec-f587-43fb43dc1276" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_DueToRelatedPartiesNoncurrent_9d018650-547f-00ec-f587-43fb43dc1276" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_f234998c-5e05-09d0-d53e-5c44423c97c0" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesNoncurrent_ce6ab6ce-f8d5-dad6-a84c-2c96c7d59f75" xlink:to="loc_us-gaap_OtherLiabilitiesNoncurrent_f234998c-5e05-09d0-d53e-5c44423c97c0" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_159dcb00-b17e-17db-7098-be4159799459" xlink:to="loc_us-gaap_StockholdersEquity_4b158f76-5f04-5e4d-ead3-d80e1f9943db" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentBalanceSheetParentheticalDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentDividendsFromSubsidiariesAndAffiliatesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentGuaranteesAndLettersOfCreditDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentScheduleICondensedFinancialInformationOfParentStatementOfOperationsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RevenueFromRelatedParties" xlink:label="loc_us-gaap_RevenueFromRelatedParties_04978a07-55f6-d89a-cad4-5029d65a9c77" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_RevenueFromRelatedParties_04978a07-55f6-d89a-cad4-5029d65a9c77" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_EquityInEarningsOfSubsidiariesAndAffiliates" xlink:label="loc_aes_EquityInEarningsOfSubsidiariesAndAffiliates_e994184d-ed90-7151-76d8-64e3407b943e" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_aes_EquityInEarningsOfSubsidiariesAndAffiliates_e994184d-ed90-7151-76d8-64e3407b943e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaap_InvestmentIncomeInterest_27459a92-428a-e415-bdb1-176ed2662e11" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_InvestmentIncomeInterest_27459a92-428a-e415-bdb1-176ed2662e11" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_87411e46-c979-a1ff-e8b3-f4f75d86b855" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_87411e46-c979-a1ff-e8b3-f4f75d86b855" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherIncome" xlink:label="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_OtherIncome_67402d53-bb55-2723-1295-126624c5472c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_fddbfe05-903b-f997-5941-640200f58e74" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_OtherExpenses_fddbfe05-903b-f997-5941-640200f58e74" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_3db65903-3171-d63c-a688-532ba00b8108" xlink:type="locator" />
    <link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_3db65903-3171-d63c-a688-532ba00b8108" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_7c9599ab-2a77-022c-c720-63fecff6a62c" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_a53f52a4-7a54-3283-f734-95683c76ebff" xlink:to="loc_us-gaap_InterestExpense_7c9599ab-2a77-022c-c720-63fecff6a62c" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_641b1cab-a2b3-2e0e-8389-1455ff3f8581" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_78b7d85e-8366-fe6d-cb1f-faac5a041b79" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentSeniorNotesAndJuniorSubordinatedNotesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfCashFlowsDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_444b1ac7-f47a-4ce3-0caa-537f7e4ab8c3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:type="locator" />
    <link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_c99a80fe-6afd-8962-d6d6-92b4884518ef" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_c99a80fe-6afd-8962-d6d6-92b4884518ef" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_PaymentsForInvestmentsInAndAdvancesToSubsidiaries" xlink:label="loc_aes_PaymentsForInvestmentsInAndAdvancesToSubsidiaries_437e57de-0feb-96e7-4c98-64e33c271c4b" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_aes_PaymentsForInvestmentsInAndAdvancesToSubsidiaries_437e57de-0feb-96e7-4c98-64e33c271c4b" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ProceedsFromReturnOfCapital" xlink:label="loc_aes_ProceedsFromReturnOfCapital_14078cf0-ee12-ce85-222f-64e3398833c3" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_aes_ProceedsFromReturnOfCapital_14078cf0-ee12-ce85-222f-64e3398833c3" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInRestrictedCash" xlink:label="loc_us-gaap_IncreaseDecreaseInRestrictedCash_37775d39-399b-0ffb-48fe-db3396bf06a8" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_IncreaseDecreaseInRestrictedCash_37775d39-399b-0ffb-48fe-db3396bf06a8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireProductiveAssets" xlink:label="loc_us-gaap_PaymentsToAcquireProductiveAssets_fcdc0031-632d-d703-c30b-13d96fda604e" xlink:type="locator" />
    <link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsToAcquireProductiveAssets_fcdc0031-632d-d703-c30b-13d96fda604e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_698fdacf-193f-2d30-d69b-d951ce6235f5" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_70319186-e7bd-7189-88d2-eba26fb93350" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_698fdacf-193f-2d30-d69b-d951ce6235f5" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_e5f1c7a4-b42a-8461-2001-b1f20e51b257" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_e5f1c7a4-b42a-8461-2001-b1f20e51b257" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_2b72fe5f-3c0e-d5e0-8e5c-ad01818e58e5" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_RepaymentsOfLongTermDebt_2b72fe5f-3c0e-d5e0-8e5c-ad01818e58e5" xlink:type="arc" />
    <link:loc xlink:href="aes-20171231.xsd#aes_ProceedsFromLoansFromSubsidiaries" xlink:label="loc_aes_ProceedsFromLoansFromSubsidiaries_f75a7c51-dc00-9ea5-d23c-64e33ec6624b" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_aes_ProceedsFromLoansFromSubsidiaries_f75a7c51-dc00-9ea5-d23c-64e33ec6624b" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_8a1490c4-32d9-5132-1fe2-2675a45abdae" xlink:type="locator" />
    <link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_8a1490c4-32d9-5132-1fe2-2675a45abdae" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_dbbd5d91-eb58-fa81-2753-d9ddf4ada4c1" xlink:type="locator" />
    <link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_dbbd5d91-eb58-fa81-2753-d9ddf4ada4c1" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_6f80ca9e-82d0-f056-a403-c4914c1ce379" xlink:type="locator" />
    <link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsOfDividendsCommonStock_6f80ca9e-82d0-f056-a403-c4914c1ce379" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsOfFinancingCosts" xlink:label="loc_us-gaap_PaymentsOfFinancingCosts_7b8a0794-7d87-21cc-a206-45c556522750" xlink:type="locator" />
    <link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsOfFinancingCosts_7b8a0794-7d87-21cc-a206-45c556522750" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_f5111bee-d5f6-1852-97c9-8d4d4881d906" xlink:type="locator" />
    <link:calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_f5111bee-d5f6-1852-97c9-8d4d4881d906" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_9c4e2a5c-e841-39a2-fcf8-f80cfa44af11" xlink:type="locator" />
    <link:calculationArc order="9" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_9c4e2a5c-e841-39a2-fcf8-f80cfa44af11" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_b0f6f356-bb74-20ca-535a-0070c6925814" xlink:type="locator" />
    <link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_deb49b68-c030-7624-a39d-ea301caa5dbf" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_b0f6f356-bb74-20ca-535a-0070c6925814" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_8629a772-7004-5d77-9980-0f501e29c5c8" xlink:type="locator" />
    <link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_dd2e9db6-10f9-d78a-ba84-b18268245a83" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_8629a772-7004-5d77-9980-0f501e29c5c8" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_f7fe1940-c9a0-7b9b-5dd9-62504fd41a69" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:to="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax_f7fe1940-c9a0-7b9b-5dd9-62504fd41a69" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax_a7b5d22e-96eb-ace2-25a7-90129fb72d8e" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:to="loc_us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax_a7b5d22e-96eb-ace2-25a7-90129fb72d8e" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax_eea0c679-aff6-c974-47a0-ff7e9cae6086" xlink:type="locator" />
    <link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_2652b636-1a3b-e639-2800-d9ed5b9b4fc0" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax_eea0c679-aff6-c974-47a0-ff7e9cae6086" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentStatementOfComprehensiveIncomeParentheticalDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleICondensedFinancialInformationOfParentTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccounts" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccountsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ScheduleIiValuationAndQualifyingAccountsScheduleOfValuationAndQualifyingAccountsTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentAndGeographicInformation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentAndGeographicInformationDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentAndGeographicInformationTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationAdjustedPreTaxContributionsReconcilliationOfIncomeBeforeIncomeTaxesDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationAssetsDepreciationAndAmortizationAndCapitalExpendituresDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueAndAssetsByCountryDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentAndGeographicInformationRevenueBySegmentDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SegmentsAndGeographicInformationSegmentsAndGeographicInformationPolicies" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SelectedQuarterlyFinancialData" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SelectedQuarterlyFinancialDataDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SelectedQuarterlyFinancialDataTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensation" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationFairValueAssumptionsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationNarrativeDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationPsuActivityDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationPsuCompensationExpenseDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationPsusVestedAndConvertedDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationRsuActivityDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationRsuCompensationExpenseDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationRsusVestedAndConvertedDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationShareBasedCompensationPcuDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationStockOptionActivityDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationStockOptionCompensationExpenseDetails" xlink:type="extended">
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_6cf3013c-890b-ea8a-d84d-af0ec88302d5" xlink:type="locator" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_a6c2180f-7264-34c4-3d88-c30d1cc151d8" xlink:type="locator" />
    <link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_6cf3013c-890b-ea8a-d84d-af0ec88302d5" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_a6c2180f-7264-34c4-3d88-c30d1cc151d8" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_ac132f16-7b75-2cc2-0c27-62bb216852b0" xlink:type="locator" />
    <link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_6cf3013c-890b-ea8a-d84d-af0ec88302d5" xlink:to="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_ac132f16-7b75-2cc2-0c27-62bb216852b0" xlink:type="arc" />
  </link:calculationLink>
  <link:calculationLink xlink:role="http://www.aes.com/role/ShareBasedCompensationTables" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SubsequentEventSubsequentEvents" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/SubsequentEventSubsequentEventsDetails" xlink:type="extended" />
  <link:calculationLink xlink:role="http://www.aes.com/role/TotalOtherNonOperatingExpenseDetails" xlink:type="extended" />
</link:linkbase>
