This report addresses the status of clean energy transition in Latin America and the Caribbean by through the lens of several sectors, namely power generation, electric mobility, renewable fuels, carbon capture, and clean hydrogen.
Key Highlights
Key Highlights
- Like most of the developing world, many countries in Latin America and the Caribbean (LAC) find themselves at an early stage of energy transition. However, some countries have begun setting ambitious targets.
- Hydropower is the largest source of electricity generation in LAC supplying 50% of power across the region as a whole in 2021. By 2030, wind and solar PV will greatly increase their generation by two- and four-fold, respectively, lessening but not eliminating the use of coal and oil power plants.
- Total green hydrogen capacity in LAC is likely to reach over 3 million tons per annum by 2030, with the majority of capacity in Chile.
Scope
- Power sector outlook to 2030
- Electric vehicle forecast and policies
- Current and foreact renewable fuels production & policies
- Carbon capture status
- Clean hydrogen capacity forecast, uses, and policies
Reasons to Buy
- Understand where clean energy opportunities lie by sector and geography.
- Understand which clean energy sectors are seeing activity and which are slow to catch on.
- Learn which LAC countries are expected to become energy transition leaders.
- Understand what policies are in place across the region to encourage clean energy transition.
Table of Contents
- Executive Summary
- Sector Readiness and Leaders
- Power Outlook & Generation
- Renewable Energy Policies & Economics
- Power Capacity Share Outlook
- Power Generation Outlook
- Largest Economies - Renewable Share
- Thermal Power Decommissioning & Emissions
- Major players: Solar and Wind Owners, Manufacturers, and EPCs
- Electric Vehicles
- Passenger EV Outlook
- Policies
- Renewable Fuels
- Renewable Refineries
- SAF and Other Fuels
- CCS/CCU
- CCS/CCU Projects
- Hydrogen
- Policies
- Projects and Capacity Forecast
- Intended Use Sectors for Hydrogen
- Case Studies
Table 1: Sector Readiness and Leaders
Table 2: Renewable Energy Policies and Strategies
Table 3: Solar PV EPCs and Manufacturers
Table 4: Wind EPCs and Manufacturers
Table 5: Active and Upcoming Renewable Refineries in LAC
Table 6: CCS/CCU Projects
Table 7: Largest upcoming hydrogen plants in LAC
List of Figures
Figure 1: Average LCOE - Argentina, Brazil, & Chile
Figure 2: Power Capacity Share, 2015 - 2030
Figure 3: Power Generation Share, 2015-2030
Figure 4: Renewable Energy Generation by Type, 2015 - 2030
Figure 5: LAC Countries Renewables Share (incl. large hydropower) 2021 - 2035
Figure 6: Decommissioning and Upcoming Thermal Capacity
Figure 7: LAC's Emissions from Thermal Power
Figure 8: Major Players in Solar
Figure 9: Major Players in Wind
Figure 10: Light EV Outlook in Mercosur Countries
Figure 11: South America's SAF Supply Outlook
Figure 12: LAC Low-carbon Hydrogen Capacity Scenarios
Figure 13: Intended Use Sectors for Hydrogen
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Eolica Brazil
- Enel
- Ocean Winds
- Renault
- GM
- SGP BioEnergy
- ECB Group
- Petroleos Brasileiros
- Enegix
- Eren Groupe
