‘MASSIVE’ ENERGY CHALLENGES AHEAD FOR LATIN AMERICA

World Energy Council study highlights massive challenges to the energy system of Latin America and the Caribbean

31 March 2014 (AltEnergyMag)

“The Latin America and Caribbean region must optimise its energy supply options nationally and across the region in order to support the needs of its growing economies and increasing population, according [World Energy Scenarios: Composing energy futures to 2050 from the World Energy Council (WEC)]…[In the Jazz scenario, the 2050] LAC region's economy will be 4.5 times larger than in 2010 (in terms of trillion US$ GDP in 2010 figures), while total primary energy supply will grow by 2.3 times…[In the Symphony scenario, the 2050] LAC regional economy will grow less significantly, by nearly 3.8 times, while total primary energy supply will grow by nearly 1.8 times…Meeting the future energy demand in electricity alone will require between US$1.33 trillion to US$1.36 trillion of cumulative investment from 2010 to 2050…” click here for more

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