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Energy and utilities
The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
In 2020, Argentina was the fourth largest renewable energy generator in Latin America after Brazil, Mexico and Chile, with a share of 4.8%. Renewable energy generation grew at a CAGR of 38.5% during the 2015-2020 period. The fastest growing ...
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In line with global trends, Colombia has been seeking to make its economy greener by developing its renewable energy resources. The country has made great strides in this direction, as more than two thirds of its electricity is from ...
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Latin America* is betting big on renewable energy. Between 2015 and 2020, the region’s renewable energy (RE) capacity expanded by a cumulative 33% (65 GW) to reach 261 GW in the final year of that period, according to data provided by ...
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Renewable energy is an important part of Chile’s electric power generation mix. About 46% of the overall electricity produced in 2020 was renewables-based. The non-hydro power generation took a 20% share. Chile has installed 13.7 GW ...
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Mexico has the second largest installed capacity for renewable energy in Latin America, trailing only Mexico. With 28.4 GW of total installations, renewable energy sources account for about a third of Mexico’s ...
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Colombia is the sixth-largest electric power market in Latin America, ranking below countries with the same or less population, such as Argentina, Venezuela, and Chile. The country suffers from its uneven terrain, which creates vast ...
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Mexico's electric power sector is at a crossroads. The sector experienced an investment frenzy after the passing of the energy reform in 2013, a constitutional amendment that opened electric power generation to private competition. However, ...
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