The path towards energy efficiency in Latin America: challenges and opportunities for 2021

In commemoration of the World Energy Efficiency Day (EE), celebrated on March 5, The Latin American and Caribbean Energy Organization (OLACDE), through the Executive Secretary, Alfonso Blanco, participated in the Dialogue “The path towards energy efficiency in Latin America: challenges and opportunities for 2021”, event organized by the Spanish Agency for International Development Cooperation (AECID) and the French Agency for Development (AFD), together with the program funded by the European Union EUROCLIMA+.

The Executive Secretary of OLACDE, Alfonso Blanco, during his participation, on the challenges and opportunities in the Latin American region, highlighted that “energy efficiency has the real capacity to effectively influence world energy demand, and even more when there are economic rearrangements at a global level and many emerging economies have joined the demand scenario”.

In this same context, the Executive Secretary indicated that while in developed countries energy efficiency is directly linked to actions to mitigate climate change, for emerging countries EE acquires a particular meaning that includes other additional high-weight motivators such as: reduces dependence on fossil fuels, imports, conservation of scarce resources, improves the competitiveness of productive sectors, provides a better allocation of resources for infrastructure, contributes to solving problems of security and access to energy, among others.

Regarding the issue of why it is necessary to legislate on energy efficiency, he pointed out that the reason is that the identified market barriers, that make it impossible to take advantage of the potential for improvement in the use of energy resources and translate into a loss of social welfare, must be demolished.

On the other hand, he mentioned that there is a “positive spill over the economy as a whole” that translates into growth, improved competitiveness, reduced emissions, improved social equality and the development of new capabilities and business opportunities.

Another aspect presented by the Executive Secretary was the approach to EE as a right and an obligation, transferring the benefits to consumers in terms of quality, safety, stability, opportunity and price. And provide the availability of information to consumers so that they have a free choice in terms of their practices and habits at the level of energy consumption.

Energy has a direct impact on the environment and must be supplied and used in such a way that we can minimize the generation of negative externalities. These are powers that the State has and for this reason it is justified to act within a legal framework”. OLACDE’s Executive Secretary, Alfonso Blanco.

Regarding the barriers for EE, the Secretary detailed some of them: economic, technical, technological, capacities, regulatory, political, institutional, cultural, information and financing.

Additionally, he explained that a correct strategy to establish EE as a long-term policy starts from the need to go through a process of “maturation”. “Paths prior to legislation must necessarily be traveled,” he emphasized.

We have to generate long-term State policies for EE, with a vision in which EE is part of the energy policy and a development model at the country level” Executive Secretary of OLACDE, Alfonso Blanco.

This Discussion had three thematic axes: 1. Regulatory framework and legislation for energy efficiency, 2. Challenges and opportunities of the Latin American region and 3. Building hand in hand with the country context: success stories in Argentina and Colombia.

This activity was coordinated by the Spanish Agency for International Development Cooperation (AECID) and the French Agency for Development (AFD) together with the program funded by the European Union EUROCLIMA+.

This meeting also had the participation of: Mr. Juan Enrique Yuste, Head of Programs at AECID, Mr. Sebastián Jure, Deputy Director of the AgenciaSE of Chile, Mr. Helmer Acevedo, Technical Advisor on Energy Efficiency, SETEC in Colombia, Ricardo Bertolino , Executive Director of the Argentine Network of Municipalities against Climate Change, Andrés Amell, Professor at the University of Antioquia and Farid Chejne, Professor at the National University of Colombia.

March 5 World Energy Efficiency Day

In 1998, the First International Conference on Energy Efficiency took place in Austria, a space where the energy crisis, energy efficiency and possible solutions were discussed.

Within the framework of this conference, March 5 was designated as World Energy Efficiency Day, a day to remind the world’s population of the importance of efficient energy use.

Energy efficiency is conceived as an essential policy to stop climate change and is included in the United Nations Sustainable Development Goals (SDGs) and in the 2030 Agenda, which aims to double the rate of efficiency in the use of energy in the next decade.

Energy efficiency is not about giving up quality of life, but about obtaining the same energy goods and services using fewer resources, improving processes, promoting recycling, the use of less polluting products and smart consumption.

In this link you can follow the recorded transmission of the full webinar: https://www.youtube.com/watch?v=cpgX6yhKkh0

 

Communication Department
and Institutional Relations

gabriela.jarrin@OLACDE.org

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The path towards energy efficiency in Latin America: challenges and opportunities for 2021

Newsletter summary

In commemoration of the World Energy Efficiency Day (EE), celebrated on March 5, The Latin American and Caribbean Energy Organization (OLACDE), through the Executive Secretary, Alfonso Blanco, participated in the Dialogue “The path towards energy efficiency in Latin America: challenges and opportunities for 2021”, event organized by the Spanish Agency for International Development Cooperation (AECID) and the French Agency for Development (AFD), together with the program funded by the European Union EUROCLIMA+.

Knowledge and Training

We promote advanced technical training programs that facilitate the exchange of experiences, as well as the development of the human and institutional capacities needed to support the energy transformations in our region.

Our academic offering includes executive programs, postgraduate diplomas, master’s degrees, and innovative initiatives focused on topics such as energy transition, conventional energy, renewable energy, e-mobility, and regional integration.

OLACDE creates a regional network focused on energy knowledge that connects governments, young professionals, academics, and sector experts to drive collaborative solutions through technical cooperation and talent development to address future energy and climate challenges.

Technical cooperation and financing

We strengthen South-South and triangular cooperation ties as drivers to accelerate energy transitions in Latin America and the Caribbean. OLACDE brings together efforts among governments, multilateral organizations, academic institutions, and the private sector to mobilize financing, technical capacities, and innovative solutions tailored to our regional reality.

We promote strategic initiatives aimed at directing resources toward projects focused on decarbonization, conventional energy, renewable energy, and energy justice, with the objective of establishing a more efficient, inclusive, and sustainable regional cooperation architecture.

Regional Energy Community

We are building a regional energy community with a global outlook that seeks to position Latin America and the Caribbean as a key player on the international stage. OLACDE strengthens its representation in major multilateral forums related to energy, trade, and climate by fostering strategic alliances and promoting international cooperation.

Through events such as Energy Week, together with new spaces for international dialogue, we promote a collective voice that helps attract financial investment and create new opportunities for sustainable development across our region.

Energy Transition and Strategic Projects

We drive an energy transition based on principles of sustainability, energy security, and social inclusion. OLACDE supports countries in adopting new technologies related to energy efficiency, energy storage, green hydrogen, electromobility, and grid digitalization to accelerate the sector’s decarbonization process.

Our approach also includes promoting strategic projects that strengthen energy resilience at the regional level, contributing to emission reductions while consolidating a cleaner and more competitive energy infrastructure. Initiatives such as OEMLAC position our region as a leading reference in climate innovation and sustainable energy transition.

Energy information and data

We develop regional platforms dedicated to energy information, technical analysis, and strategic data systems that strengthen both public and private decision-making in the sector. OLACDE promotes the digital transformation of the sector through the use of artificial intelligence, georeferencing, and advanced tools for regional energy analysis.

The integration of systems such as SieLAC, together with new regional platforms, allows for the consolidation of reliable and up-to-date technical information, facilitating modern, interoperable, and evidence-based energy planning.

Regional Energy Integration

We promote cooperation in the regional energy sector, focused on collaboration, infrastructure development, and regulatory harmonization, with the objective of strengthening energy security in Latin America and the Caribbean. OLACDE coordinates projects related to electrical interconnection, gas integration, and regional energy planning, seeking to create efficient and sustainable partnerships.

Through cooperation with the governments of our 27 member countries, regional blocs, multilateral institutions, and both public and private stakeholders, we drive strategic initiatives that promote regulatory harmonization and new energy exchange mechanisms, in order to enhance national capacities and accelerate an integrated energy transition at the regional level.

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