At ExpoEnergía Peru 2025, the Director of Studies, Projects and Information of the Latin American and Caribbean Energy Organization (OLACDE), Fitzgerald Cantero, spoke on the technical panel “Development of Energy Transition Scenarios in Latin America and Current Trends,” where he shared a comprehensive view of the energy sector’s challenges and opportunities in the region.
During his remarks, Cantero highlighted the strategic role of Latin America and the Caribbean in the global energy transformation, underscoring that the region has abundant renewable resources, technical capacity, and growing social and environmental awareness. However, he emphasized that in order to move forward sustainably, work is needed on five key pillars:
• Strengthen institutional and regulatory frameworks, ensuring solid energy governance.
• Attract private and public investment through clear, stable, long-term rules.
• Develop and retain local talent, with a focus on technical capabilities and a just transition.
• Ensure social license for projects through participation, dialogue, and equity.
• Bring transparency to energy system costs, building trust and fiscal sustainability.
“We have the potential and the resources. Now we need planning, regional integration, and a long-term vision,” Cantero said, calling for coordinated action among governments, companies, institutions, and citizens.
The panel provided an opportunity to compare technical and policy perspectives, identify key regional opportunities, and discuss the need for the energy transition in Latin America and the Caribbean to be just, inclusive, socially legitimate, and environmentally sustainable.
At OLACDE, we reaffirm our commitment to supporting member countries through technical assistance, reliable data, strategic planning, and regional cooperation to accelerate an energy transition with equity and security.
