Through this Report, The Latin American and Caribbean Energy Organization seeks to analyze the economic importance of the different commercial transactions associated with the use of electricity and fuels in the countries of Latin America and the Caribbean. In turn, this information seeks to enable the countries of the region to identify opportunities and potentials for energy exchange to benefit their economic and regional scenarios. Different institutions from the energy sector, which are in charge of establishing energy prices in the member countries of the organization, participated in the development of this report. For this, OLACDE considered the use of the methodological model of the International Energy Agency – IEA, for the collection of information, which considers the national currency of each country, and allows obtaining the final price of energy, thus reflecting the unit price effectively paid by consumers in the region with a determined periodicity. The information collected also considers the different taxes established by each country for each of its types of energy for the different consumption sectors.

Year of publication: 2021

Energy prices in Latin American and the Caribbean. Annual report April 2021

Newsletter summary

Energy prices in Latin American and the Caribbean. Annual report April 2021

Capacity building & knowledge

We advance high-level technical training programs that foster experience-sharing and develop the human and institutional capacities required to drive energy transformations across our region.

Our academic programs offer executive courses, postgraduate diplomas, master’s degrees, and innovative initiatives focused on key areas such as the energy transition, conventional and renewable energy, electromobility, and regional integration.

OLACDE builds a regional network of energy expertise, connecting governments, young professionals, academics, and industry experts to foster collaborative solutions through technical cooperation and talent development to address future energy and climate challenges.

Technical cooperation & climate finance

We strengthen South-South and triangular cooperation as key drivers to accelerate energy transitions across Latin America and the Caribbean. OLACDE unites efforts among governments, multilateral organizations, academic institutions, and the private sector to mobilize financing, technical expertise, and innovative solutions tailored to our regional context.

We advance strategic initiatives aimed at directing resources toward decarbonization, conventional energy, renewables, and energy justice projects—building a more efficient, inclusive, and sustainable regional cooperation architecture.

Regional energy community

We are building a regional energy community with a global outlook, positioning Latin America and the Caribbean as a pivotal player on the international stage. OLACDE amplifies regional representation in key multilateral energy, trade, and climate forums by fostering strategic alliances and international cooperation.

Through flagship events such as Energy Week and new spaces for high-level dialogue, we champion a collective voice that attracts investment, drives technical partnerships, and unlocks sustainable development opportunities across our region

Energy transition & strategic projects

We foster a regional energy transition built on sustainability, energy security, and social inclusion. OLACDE supports Member Countries in adopting emerging technologies—such as energy efficiency, storage solutions, green hydrogen, electromobility, and grid digitalization—to accelerate the sector’s decarbonization.

Our approach promotes strategic projects that strengthen energy resilience across Latin America and the Caribbean, reducing emissions while building a cleaner, more competitive energy infrastructure. Key regional initiatives, including OEMLAC, position our region as a benchmark for climate innovation and sustainable energy development.

Energy information and data

We develop regional platforms dedicated to energy intelligence, technical analysis, and strategic data systems that empower both public and private decision-making across the sector. OLACDE drives digital transformation in energy by leveraging artificial intelligence, georeferencing, and advanced analytical tools to map regional energy trends.

The integration of systems such as SieLAC, along with new regional digital platforms, consolidates reliable, up-to-date technical data—enabling modern, interoperable, and evidence-based energy planning.

Regional energy integration

We foster cooperation across the regional energy sector by prioritizing infrastructure development, cross-border collaboration, and regulatory alignment to enhance energy security in Latin America and the Caribbean. OLACDE coordinates strategic projects in power grid interconnections, natural gas integration, and joint energy planning to build resilient, sustainable partnerships.

Working alongside the governments of our 27 Member States, regional blocs, multilateral institutions, and key public and private stakeholders, we drive initiatives that introduce innovative energy exchange mechanisms, strengthen national capacities, and accelerate a unified regional energy transition.