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Latin America Energy Sector

Latin America Energy Sector. Todd Johnson, LCSEG November 6, 2013. On average, electricity access rates in LCR are high but there are large inter-and intra-country differences. Figure: National electricity coverage. LOW. MED. HIGH. Average LAC.

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Latin America Energy Sector

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  1. Latin America Energy Sector Todd Johnson, LCSEG November 6, 2013

  2. On average, electricity access rates in LCR are high but there are large inter-and intra-country differences Figure: National electricity coverage LOW MED HIGH Average LAC 93 70 99 N.A Average AFR 40 23 67 Average World 78 63 93

  3. Hydro generation in LCR accounts for nearly 60% of power generation Petroleum use has declined overall but remains significant for some countries and sub-regions Generation Mix: Latin America and Caribbean Natural gas usage has been growing • Hydroelectricity has been the dominant source of electricity for the region but its share has been declining Coal and other energy sources account for a small share of power generation in LAC.

  4. Six countries account for 84 percent of total electricity production in the LAC Region

  5. ICEPAC. Technology generation mix Region-Wide Electricity Generation Mix (2008-2030) Nuclear Hydro Geothermal Gas Fuel oil Wind Diesel Coal Biomass • Under the "baseline supply scenario" -- which aggregates and extrapolates the current country expansion plans in the Region -- the vast majority of the increase in generating capacity over the coming two decades would be met by hydropower (36 percent) and natural gas (35 percent).

  6. Knowledge and Analytical Work

  7. LAC has the smallest public sector energy lending program in the Bank

  8. IFC has had a significant share of WBG lending in the energy sector

  9. Private sector investment continues to dominate LAC energy *2009-2012. Data for 2013 unavailable. Source: PPI Datavase

  10. Urban Energy Agenda • TRACE Assessments • Prioritizing energy efficiency investments • National energy efficiency programs • Potential support from WBG, GEF, and climate funds

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