OLACDE and the Andean Parliament advance in the development of an energy efficiency regulatory framework

In compliance with the work agenda planned between OLACDE and the Andean Parliament for the year 2020, structured on the basis of the inter-institutional cooperation framework agreement that both instances have been in execution since 2014, a draft framework law, directed to promote Energy Efficiency in the Andean subregion, is under development.

As part of the points included in the agenda of the ordinary session of the Third Commission on Regional Security, Sustainable Development, Sovereignty and Food Security of the Andean Parliament, on Monday, August 24, 2020, OLACDE’s Legal Advisor, Tatiana Castillo, presented to the Andean parliamentarians: Mariano González for the Republic of Peru (President of the Commission), Asbley Fernández for the Plurinational State of Bolivia, Alejandro García-Huidobro for the Republic of Chile, Germán Darío Hoyos for the Republic of Colombia and Fausto Cobo for the Republic of Ecuador, the structural scheme of the draft Energy Efficiency Regulatory Framework, aimed at “… constituting a general framework of preferential application that acts as a dynamic element of Energy Efficiency in the Andean subregion, by defining a common methodology that, taking as a basis the principles established in the policies and laws of the Member States of the Andean Parliament, establishes a guide for the preparation and implementation of guidelines, plans and regulatory frameworks for the efficient use of energy at the national level with regional projection, with a view to increasing energy security by guaranteeing the population permanent, affordable, safe, timely and reliable access to energy products and services. This, through the consolidation of an Energy Efficiency culture that impacts all energy subsectors, thus facilitating economic growth, social progress and productive competitiveness with intergenerational environmental responsibility.”

At the end of the presentation, the parliamentarians of the Third Commission of the Andean Parliament expressed their gratitude to OLACDE for its permanent technical support in addressing projects related to energy, stated the importance of Energy Efficiency for the development of the Andean subregion and highlighted the excellent results obtained through joint work with OLACDE, materialized in two approved regulatory frameworks (sustainable energy development and classification of energy crimes) and one under development.

As a result of the session, it was agreed to carry out in the parliamentary session in September, the analysis and debate of the final document of the proposal in order to obtain its approval, if possible in the next plenary.

Additionally, the proposal was launched to hold a Seminar on Energy Efficiency Regulatory Framework with OLACDE in person at the Andean Parliament Headquarters in Bogotá, if possible in mid-2021.

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OLACDE and the Andean Parliament advance in the development of an energy efficiency regulatory framework

Newsletter summary

In compliance with the work agenda planned between OLACDE and the Andean Parliament for the year 2020, structured on the basis of the inter-institutional cooperation framework agreement that both instances have been in execution since 2014, a draft framework law, directed to promote Energy Efficiency in the Andean subregion, is under development.

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.