OLACDE and the European Union have entered a new phase of cooperation between Latin America and the Caribbean and Europe, with regional energy integration at its core. The 2026–2028 Action Plan includes initiatives on electricity interconnection, natural gas integration, energy planning, regulation and capacity building, with a focus on project preparation and expanding investment opportunities.
During the 11th Energy Week, the Latin American and Caribbean Energy Organisation (OLACDE) and the European Union reaffirmed their commitment to deepening energy cooperation between the two regions and advancing an agenda to strengthen integration across Latin America and the Caribbean.
This new phase combines European expertise in electricity market integration, grid regulation and cross-border infrastructure planning with OLACDE’s ability to coordinate priorities and processes among its 27 member countries. Building on these complementary strengths, the agenda aims to improve project readiness, strengthen capacities and expand opportunities for cooperation and investment in strategic areas of regional energy integration.
The 2026–2028 Energy Cooperation Action Plan, agreed under the Memorandum of Understanding signed in May 2025, identifies regional energy integration and energy planning as its priorities, with regulation as a complementary area of work.
Electricity integration will be a key focus, with cooperation supporting the preparation of priority interconnection projects, pre-feasibility studies and the structuring of initiatives at different stages of development. The agenda also provides for regular updates to OLACDE’s Regional Electricity Interconnection Plan.
The agenda also covers natural gas integration through technical dialogues among authorities and experts from both regions, as well as energy planning through expert workshops, exchanges of methodologies and capacity building. On regulation, it will promote exchanges among authorities, regulators and transmission system operators.
Through this agenda, OLACDE and the European Union aim to scale up energy cooperation between the two regions and translate it into stronger capacities, better-prepared projects and new opportunities to advance energy integration across Latin America and the Caribbean.
Con esta agenda, OLACDE y la Unión Europea buscan ampliar la escala de la cooperación energética entre ambas regiones y traducirla en más capacidades, proyectos mejor preparados y nuevas oportunidades para profundizar la integración energética de América Latina y el Caribe.
