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Boosting Efficiency in Latin America
…on securing energy supplies, it is equally important to take a hard look at the role of more efficient and flexible demand in securing affordable, reliable energy. There are several reasons for this. First, one of the fastest and cheapest options for short-term emergency situations is to reduce demand. Second, investments in more efficient technologies and practices can reduce risk over time while improving access to energy services, saving money and supporting efficient, less costly energy systems. Third, managing demand by improving efficiency and making loads more flexible is key to cost-effectively meeting decarbonisation goals. Decades of policies…
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Latin America Energy Outlook 2023
…Outlook Special Report Latin America and the Caribbean is a region that stands out in the global energy sector. It boasts extraordinary natural resources – both fossil fuels and renewable energy – and a significant share of the world’s critical minerals. It also has a history of ambitious policy making in pursuit of stronger energy security and greater sustainability that has delivered one of the cleanest electricity mixes in the world. As the region emerges from a period of sluggish economic growth, countries in Latin America and the Caribbean now stand to leverage these resources to revitalise their economies and improve…
