The publication presents more than 1,000 graphs containing detailed information on the recent evolution of the energy matrices of the 27 OLACDE Member Countries, with the aim of providing the Latin American and Caribbean community with a source of knowledge on the energy profiles of the countries of the region on a common basis. It also includes an energy prospective exercise that presents a comparative analysis between two energy development scenarios for the LAC region: a reference scenario (BAU), with a base year of 2021 and a study horizon of 2050, which represents a projection of the energy systems of the different sub-regions related to the historical trends in the evolution of the energy sector and the expansion plans published by the countries for the short and medium term, which does not consider very significant changes in the mix of sources and technologies used in both final energy consumption and energy supply during the projection period; and as of 2025, an alternative scenario in which different accelerated decarbonization strategies are applied in the energy sector, aimed at contributing more effectively to achieving total carbon neutrality in the economies of the countries or subregions analyzed by 2050, which is called Pro Net-0. In this second scenario, the possibility of green hydrogen production in the region is modeled for the first time, intended not only to meet domestic demand for this energy vector, but also for export to extra-regional markets.

More information at:

https://sielac.OLACDE.org/

Year of publication: 2023

Energy Outlook for Latin America and the Caribbean 2023

Newsletter summary

The publication presents more than 1,000 graphs containing detailed information on the recent evolution of the energy matrices of the 27 OLACDE Member Countries, with the aim of providing the Latin American and Caribbean community with a source of knowledge on the energy profiles of the countries of the region on a common basis. It […]

Knowledge and Training

We promote advanced technical training programs that facilitate the exchange of experiences, as well as the development of the human and institutional capacities needed to support the energy transformations in our region.

Our academic offering includes executive programs, postgraduate diplomas, master’s degrees, and innovative initiatives focused on topics such as energy transition, conventional energy, renewable energy, e-mobility, and regional integration.

OLACDE creates a regional network focused on energy knowledge that connects governments, young professionals, academics, and sector experts to drive collaborative solutions through technical cooperation and talent development to address future energy and climate challenges.

Technical cooperation and financing

We strengthen South-South and triangular cooperation ties as drivers to accelerate energy transitions in Latin America and the Caribbean. OLACDE brings together efforts among governments, multilateral organizations, academic institutions, and the private sector to mobilize financing, technical capacities, and innovative solutions tailored to our regional reality.

We promote strategic initiatives aimed at directing resources toward projects focused on decarbonization, conventional energy, renewable energy, and energy justice, with the objective of establishing a more efficient, inclusive, and sustainable regional cooperation architecture.

Regional Energy Community

We are building a regional energy community with a global outlook that seeks to position Latin America and the Caribbean as a key player on the international stage. OLACDE strengthens its representation in major multilateral forums related to energy, trade, and climate by fostering strategic alliances and promoting international cooperation.

Through events such as Energy Week, together with new spaces for international dialogue, we promote a collective voice that helps attract financial investment and create new opportunities for sustainable development across our region.

Energy Transition and Strategic Projects

We drive an energy transition based on principles of sustainability, energy security, and social inclusion. OLACDE supports countries in adopting new technologies related to energy efficiency, energy storage, green hydrogen, electromobility, and grid digitalization to accelerate the sector’s decarbonization process.

Our approach also includes promoting strategic projects that strengthen energy resilience at the regional level, contributing to emission reductions while consolidating a cleaner and more competitive energy infrastructure. Initiatives such as OEMLAC position our region as a leading reference in climate innovation and sustainable energy transition.

Energy information and data

We develop regional platforms dedicated to energy information, technical analysis, and strategic data systems that strengthen both public and private decision-making in the sector. OLACDE promotes the digital transformation of the sector through the use of artificial intelligence, georeferencing, and advanced tools for regional energy analysis.

The integration of systems such as SieLAC, together with new regional platforms, allows for the consolidation of reliable and up-to-date technical information, facilitating modern, interoperable, and evidence-based energy planning.

Regional Energy Integration

We promote cooperation in the regional energy sector, focused on collaboration, infrastructure development, and regulatory harmonization, with the objective of strengthening energy security in Latin America and the Caribbean. OLACDE coordinates projects related to electrical interconnection, gas integration, and regional energy planning, seeking to create efficient and sustainable partnerships.

Through cooperation with the governments of our 27 member countries, regional blocs, multilateral institutions, and both public and private stakeholders, we drive strategic initiatives that promote regulatory harmonization and new energy exchange mechanisms, in order to enhance national capacities and accelerate an integrated energy transition at the regional level.