Critical infrastructure plays a fundamental role in the economic and social development of Latin America and the Caribbean. For this reason, its modernization is essential to guarantee efficiency and security, as well as to boost the region’s competitiveness and resilience. The energy and transport sectors face the challenge of adopting cutting-edge technologies and … [Read more...] about Critical infrastructure in Latin America and the Caribbean: technologies changing the game
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The Future of Energy Storage in the Caribbean
Countries in the Caribbean are looking to deploy more affordable renewable energy and storage solutions while improving resilience against extreme weather events. The need is particularly pressing for Caribbean islands prone to hurricanes that can sweep away key infrastructure and disrupt energy security and affordability Enter Battery Energy Storage Solutions (BESS), which … [Read more...] about The Future of Energy Storage in the Caribbean
Digital transformation: empowering the Caribbean, reshaping energy landscapes in Guyana and Suriname
In the ever-evolving world of energy, digitalization emerges as an example of transformation, offering small nations like Guyana and Suriname in the Caribbean an opportunity to fortify their power systems. With the support of the Inter-American Development Bank (IDB), these nations have embarked on groundbreaking journeys towards a more reliable and sustainable energy future. … [Read more...] about Digital transformation: empowering the Caribbean, reshaping energy landscapes in Guyana and Suriname
Forging a Modern Grid for the Future – Reflections from Guyana
As the new IDB Country Strategy for Guyana (2023-2026) puts it – “Guyana is now a booming oil economy with an estimated 11 billion oil-equivalent barrels of recoverable petroleum resources”. Simultaneously, the Government is starting with an ambitious energy diversification programme as part of its Low Carbon Development Strategy (LCDS) that will deliver new generation … [Read more...] about Forging a Modern Grid for the Future – Reflections from Guyana
Smart Wires for the Energy Transition in Latin America
For the last two decades, there has been a boost in renewable energies in our region, initially led by Brazil, Chile and Mexico, which benefited from economies of scale when renewable energy generation costs went down, and followed later by many other countries. Wind energy capacity increased almost 17 times between 2011 and 2020. Solar was even more extreme, growing … [Read more...] about Smart Wires for the Energy Transition in Latin America