Energy Storage: A Strategic Pillar for the Energy Transition in LAC

The webinar “Exploring Sustainable Energy Storage: Technologies Available Today” established itself as a high-level technical forum to discuss the strategic role of energy storage in the transition process of electricity systems in Latin America and the Caribbean.

Organized by the Latin American and Caribbean Energy Organization (OLACDE) within the framework of the ETRELA project (“Enhancing, Expanding, and Facilitating Access to Renewable Energy Education and Training in Latin America”), funded by the International Climate Initiative (IKI) of the German Government.

The objective of the event was to analyze currently available storage technologies, assessing their technical performance, economic viability, environmental impacts, and scalability challenges. Solutions such as lithium batteries, thermal storage, compressed air systems, and emerging CO₂-based technologies were addressed.

In her opening remarks, Gloria Alvarenga, OLACDE’s Director of Integration, Access, and Energy Security, stressed that “strengthening technical capacities in energy storage is essential to having infrastructure that is more resilient, inclusive, and adapted to the challenges of climate change.”

For his part, Andrés Rebolledo, OLACDE’s Executive Secretary, emphasized that “storage is becoming an essential component in the transformation of the regional electricity system. In a context of accelerated transition, as demonstrated by the recent European energy crisis, it is indispensable to guarantee sustainability, security, and stability.”

From Canada, José Condor, senior analyst at British Columbia’s Ministry of Energy and Climate Solutions, emphasized that 70% of global energy consumption still depends on fossil fuels. “Storage is key to decarbonizing the energy mix, integrating renewables, and optimizing resource use. The Kaya identity shows that technological change must be accompanied by effective public policies and social commitment,” he noted.

Meanwhile, Paola Hartung, Manager of Regulatory and Government Affairs at AES Andes (Chile), presented Chile’s experience, which already has more than 1,000 MW in operation and 6,700 MW in storage projects. Hartung warned about renewable energy curtailment, which reached 40% in 2024, and highlighted that “storage is not an option, it is a necessity for the energy transition to be safe, efficient, and sustainable.”

The event also addressed critical aspects such as project financing, technological innovation, risks associated with critical mineral supply chains, and the urgency of flexible regulatory frameworks.

The webinar is part of a series of actions promoted by OLACDE and ETRELA to strengthen regional capacities in renewable energy and foster the use of storage technologies as an indispensable tool on the path toward sustainable and modern electricity systems in Latin America and the Caribbean.

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Energy Storage: A Strategic Pillar for the Energy Transition in LAC

Newsletter summary

The webinar “Exploring Sustainable Energy Storage: Technologies Available Today” established itself as a high-level technical forum to discuss the strategic role of energy storage in the transition process of electricity systems in Latin America and the Caribbean. Organized by the Latin American and Caribbean Energy Organization (OLACDE) within the framework of the ETRELA project (“Enhancing, […]

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.