Energy Policy in Latin America

Abstract

Latin American countries must prioritize energy efficiency and renewable energies in their energy policies. This has been debated for the past few decades. However, it is impossible to deny that energy efficiency and renewable energies have significant potential to mitigate the adverse effects of ever-increasing energy consumption induced by economic growth and the transformation of societies toward more energy-intensive models. This chapter identifies how sustainable energy policies could be considered successful in various Latin American economies through an active review and comparison of traditional energy models and their transition and respective consequences. The chapter concludes that there are national energy plans in countries in the region with a sustainable approach, and that clean energy and renewable sources have great potential. But it is also concluded that there is still a long way to go concerning legislation and legal frameworks.

Citation

Morales-Ríos, F., Alvarez-Risco, A., Castillo-Benancio, S., Anderson-Seminario, M.d.l.M., Del-Aguila-Arcentales, S. and Rosen, M.A. (2023), "Energy Policy in Latin America", Alvarez-Risco, A., Rosen, M.A. and Del-Aguila-Arcentales, S. (Ed.) Sustainable Management in COVID-19 Times (Advanced Series in Management, Vol. 30), Emerald Publishing Limited, Leeds, pp. 137-153. https://doi.org/10.1108/S1877-636120230000030021