Energy Outlook of Latin America and the Caribbean

Latin America Energy Organization (2018)

This publication shows a comparative analysis of the global and regional results of various studies, carried out by prestigious institutions recognized worldwide. In this study, a prospective regional study is also carried out in which the evolution of the main energy variables is analyzed by the year 2040.

Likewise, a chapter is presented in which the relevant events occurring in the energy field of the region during the year 2017, are detailed. Subsequently, aggregated statistics and energy indicators of the Latin American region, the Caribbean, worldwide as well as of each Member Country of the Organization, are detailed by means of graphs and time series. Following this, a chapter begins, detailing the recent changes in the legislation, regulation and energy policy of the countries.

Olade through this document aims to provide the community of the energy sector, a true source of reference that provides updated and relevant energy information of the countries of Latin America and the Caribbean.

Download the report

Extractives in Latin America and the Caribbean

Inter-American Development Bank (2016)

This document provides a snapshot of key indicators of the Latin America and the Caribbean (LAC) extractives sector: the basic elements underpinning current debates. The first section examines LAC reserves and production of hydrocarbons and minerals. The second section explores recent market and investment trends, considering its effects on LAC economies. The final section concludes noting emerging social transformations in the sector a nd the need to foster a sense of shared responsibility among stakeholders.

Download the report

Renewable Energy Statistics 2016 – Latin American and the Caribbean

International Renewable Energy Agency (2016)

The renewable power capacity data shown in this report represents the maximum net generating capacity of power plants and other installations that use renewable energy sources to produce electricity. For most countries and technologies, the data reflects the capacity installed and connected at the end of the calendar year.

Data have been obtained from a variety of sources, including: the IRENA questionnaire; official statistics; industry association reports; and other reports and news articles.

Download the report 

Renewable Energy Country Profiles: Caribbean

International Renewable Energy Agency (2012)

This report takes stock of the latest developments in the field of renewables at country level around the world. Each profile combines analysis by IRENA’s specialists with the latest available country data and additional information from a wide array of sources. The resulting reports provide a brief yet comprehensive picture of the situation with regard to renewable energy, including energy supply, electrical generation and grid capacity, and access. Energy policies, targets and projects are also considered, along with each country’s investment climate and endowment with renewable energy resources.

The energy statistics presented here span the period from 2009 until 2012, reflecting varying timelines in the source material. Since data availability differs from country to country, wider regional comparisons are possible only for the latest year with figures available for every country included. Despite the time lag in some cases, the evident differences and disparities between countries and regions around the world remain striking.

Download the report 

Caribbean Energy: Macro-Related Challenges

International Monetary Fund (2016)

High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.

Download the report 

World Economic Outlook Update: Tentative Stabilization, Sluggish Recovery?

International Monetary Fund (2020)

Global growth is projected to rise from an estimated 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent for 2021—a downward revision of 0.1 percentage point for 2019 and 2020 and 0.2 for 2021 compared to those in the October World Economic Outlook (WEO). The downward revision primarily reflects negative surprises to economic activity in a few emerging market economies, notably India, which led to a reassessment of growth prospects over the next two years. In a few cases, this reassessment also reflects the impact of increased social unrest.

Download the report 

Energy Efficiency Policies in the Caribbean: a Manual to Guide the Discussion

Economic Comission for Latin America and the Caribbean (2016)

This paper was prepared to guide the first session of the training workshop Introduction to Financial Feasibility Assessment of EE and RE Projects in the Caribbean. We explore two potential reasons that might be hindering the adoption of energy efficiency policies in the Caribbean. The first reason is related to the availability of primary infrastructure. Countries with deficits on their primary infrastructure might not consider energy efficiency policies as a priority for a national discussion. The second reason is debt overhang. In this type of scenario, countries might be dissuaded to conduct new investments since earnings/savings from projects would go directly to debt holders. Having a clear understanding of a country’s macro environment and its competing needs is an important preliminary step before promoting energy efficiency projects. Evidence suggests that debt overhang is the most likely reason to explain the lack of adoption of energy efficiency policies. Given this result the Caribbean region could take advantage of international initiatives that mobilize funds to promote climate-sensitive investments.

Download the report