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Policy Reform for Sustainable Energy in Latin America and the Caribbean

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20530

Policy Reform for Sustainable Energy in Latin America and the Caribbean

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Title: Policy Reform for Sustainable Energy in Latin America and the Caribbean
Subject: Latin America
Carribean
sustainable
energy
policy
reform
development
market
case studies
Saint Lucia
Brazil
Guatemala
cost
supply
OAS
grid
off-grid
power
Abstract: Reliable and affordable energy services are essential to the modern world. Secure access to these services and the stability of their prices are key concerns for policymakers worldwide. For countries that are predominantly dependant on imported fossil fuels for their electricity generation, there are many associated long term risks in this regard, including the potential economic disruptions due to petroleum prices volatility, the vulnerability of fuel shipping and storage systems to terrorism and climate change impacts (i.e. increased strength and propensity of hurricanes), and negative environmental impacts associated with fuel combustion. However, there exist viable alternatives to the current patterns of fossil fuel consumption. Modern renewable energy technologies have seen dramatic decreases in costs, coupled with increased efficiency and reliability over the past two decades. Abundant renewable resources, including solar, wind, geothermal, biomass, and hydro may be found throughout Latin America and the Caribbean offering many countries of the region the possibility to utilize domestic natural resources for the production of clean electricity. In fact, renewable energy technologies can help meet the surging growth in electric power demand - both on and off-grid - throughout the region. Additionally, when coupled with the implementation of energy efficiency improvements significant reductions in fossil fuel use for power generation can be achieved.
Date: 2004-12
Publisher: Unit for Sustainable Development & Environment, Organization of American States
Citation: Organization of American States. (2004, December). Policy Reform for Sustainable Energy in Latin America and the Caribbean.
Series: Policy Series;No. 5
Description: Article re-posted as a PDF as part of an Institutional Repository collection to aggregate energy policy, regulation and dialogue.
URI: http://hdl.handle.net/1928/20530
Available at: http://www.oas.org/dsd/policy_series/5_eng.pdf


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