ROADMAP FOR THE ENERGY TRANSITION TO 2050 IN LATIN AMERICA AND THE CARIBBEAN

The report assesses the current state of energy transition in Latin America and the Caribbean, identifying gaps in energy efficiency, electrification, and the adoption of low-carbon technologies like hydrogen and CCUS. It highlights the region's strong baseline in renewable electricity, primarily from hydropower, while emphasizing the need for more aggressive long-term targets and climate adaptation strategies to protect energy infrastructure from extreme weather.

• The region possesses a historically clean energy matrix, with nearly 58% of electricity generated from renewable sources as of 2020, of which 77% is produced by hydroelectric power stations.
• There is a significant gap in energy efficiency progress; between 2010 and 2017, Latin America and the Caribbean recorded an average annual energy intensity reduction of 0.9%, the lowest among compared regions.
• Electrification targets vary by country, with Costa Rica aiming for 50% of commercial, residential, and institutional buildings to be electrified, and Colombia projecting a rise in electricity's share of end energy consumption from 18% to 26% by 2050.
• The RELAC initiative, comprising 13 countries, aims to generate 70% of the region's electricity from renewable sources by 2030.
• Low-emission hydrogen is viewed as a major export opportunity; by 2030, production in Latin America is expected to exceed its projected demand of 6.8Mt per year.
• Bioenergy faces critical challenges in rural areas, where 44% of the population lacks access to modern cooking technologies, and 40.4% of homes in Central America use solid fuels.
• Carbon Capture, Utilization, and Storage (CCUS) is underdeveloped in the region, with Colombia being the only country to set a specific target: an 11.9% reduction of energy mining sector greenhouse gases through CCUS by 2050.
• Energy quality varies significantly across the region, with Guyana experiencing the most critical situation, averaging 106 power cuts and 113 hours of interruption per year.

APA

Restrepo, G. P., Giraldo, A. M. M., Sanmiguel, V., Mejía, L. F., & Velásquez, Á. D. P. (2022). ROADMAP FOR THE ENERGY TRANSITION TO 2050 IN LATIN AMERICA AND THE CARIBBEAN. Transforma. https://transforma.global/wp-content/uploads/2025/05/Roadmap-for-the-energy-transition-to-2050.pdf

Chicago

Restrepo, Giovanni Pabón, Ana María Mogollón Giraldo, Valentina Sanmiguel, Laura Flechas Mejía, and Álvaro Daniel Pinzón Velásquez. ROADMAP FOR THE ENERGY TRANSITION TO 2050 IN LATIN AMERICA AND THE CARIBBEAN. Transforma, 2022. https://transforma.global/wp-content/uploads/2025/05/Roadmap-for-the-energy-transition-to-2050.pdf.

Wikipedia

{{cite report |last1=Restrepo |first1=Giovanni Pabón |last2=Giraldo |first2=Ana María Mogollón |last3=Sanmiguel |first3=Valentina |last4=Mejía |first4=Laura Flechas |last5=Velásquez |first5=Álvaro Daniel Pinzón |title=ROADMAP FOR THE ENERGY TRANSITION TO 2050 IN LATIN AMERICA AND THE CARIBBEAN |publisher=Transforma |date=April 2022 |url=https://transforma.global/wp-content/uploads/2025/05/Roadmap-for-the-energy-transition-to-2050.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{restrepo2022roadmap, author = {Restrepo, Giovanni Pabón and Giraldo, Ana María Mogollón and Sanmiguel, Valentina and Mejía, Laura Flechas and Velásquez, Álvaro Daniel Pinzón}, title = {{ROADMAP FOR THE ENERGY TRANSITION TO 2050 IN LATIN AMERICA AND THE CARIBBEAN}}, institution = {Transforma}, year = {2022}, month = apr, url = {https://transforma.global/wp-content/uploads/2025/05/Roadmap-for-the-energy-transition-to-2050.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }