World Energy Outlook Special ReportLatin America Energy OutlookINTERNATIONAL ENERGYAGENCYIEA member countries: Australia Austria BelgiumCanadaCzech Republic DenmarkEstoniaFinland France Germany Greece HungaryIreland ItalyJapanKoreaLithuania Luxembourg Mexico Netherlands New Zealand NorwayPoland Portugal Slovak Republic Spain Sweden Switzerland Republic of Türkiye United Kingdom United StatesThe European Commission also participates in the work of the IEAIEA association countries: Argentina BrazilChinaEgyptIndiaIndonesiaKenyaMoroccoSenegalSingaporeSouth AfricaThailandUkraineThe IEA examines the full spectrum of energy issues including oil, gas and coal supply and demand, renewable energy technologies, electricity markets, energy efficiency, access to energy, demand side management and much more. Through its work, the IEA advocates policies that will enhance the reliability, affordability and sustainability of energy in its 31 member countries, 13 association countries and beyond. Please note that this publication is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at www.iea.org/termsThis publication and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.Source: IEA.International Energy Agency Website: www.iea.orgForeword 3 Foreword Across many indicators, the Latin America and Caribbean region stands out for its extraordinary endowment of natural resources – both fossil fuel and renewable energy – and its history of policy making that has notably delivered one of the cleanest electricity sectors in the world. The expa...