Central and South America is emerging as one of the most strategic regions in the global energy sector, combining wealth in natural resources with a history of ambitious policies for energy security and sustainability. The continent is home to vast reserves of oil and gas , while also standing out in the generation of clean energy, with high-quality hydroelectric, solar and wind sources .
Furthermore, the region has critical minerals essential for the global energy transition and has consolidated one of the cleanest electricity matrices in the world. The commitment to biofuels and ambitious climate targets reinforce the potential of Latin American countries to lead the global energy transition, driving sustainable economic development.
The dynamics of the regional energy system
Total energy supply (TES) represents all the energy produced and imported in a country, minus exports and storage. This energy is essential to meet domestic demand, either in its primary form or after transformation into fuels and electricity.
Although fossil fuels continue to play a significant role, there is a growing diversification of energy sources in Central and South America. Crude oil, for example, is refined into different types of fuels, while natural gas and coal are still used to generate electricity and heat. However, the energy transition is gaining momentum, expanding the use of renewable sources and improving efficiency in energy conversion and distribution.
Consumption and sustainability: the challenge of efficiency
Total final energy consumption (TFC) covers electricity and fuels used directly by individuals, businesses and industries for transport, heating, lighting and machine operation. During the process of transforming primary energy into usable end products, there are significant losses, especially in electricity generation.
Therefore, understanding the relationship between TES and TFC is essential to optimize energy efficiency and reduce waste. With appropriate policies, Central and South America can continue to advance in decarbonization, consolidating itself as a global reference in the integration of economic growth and sustainability.
The region's energy potential is undeniable, and its path towards energy security and efficiency will have a decisive impact not only for Latin American countries, but for the global energy transition.
Access the Data Visualization Dashboard HERE
RADARH2 EDITORIAL
Comments