Mijal Brady, Chief of Staff of the Latin American Energy Organization (OLADE), participated in the 8th Annual Latin America Energy Conference, organized by the Inter-American Dialogue in Washington, D.C., where she analyzed the evolution of the energy landscape in the region within the context of global geopolitical shifts.
During her intervention, Brady emphasized that regional cooperation, diversification of suppliers, and strengthening of domestic industrial development are essential factors for Latin America and the Caribbean to sustain progress despite the current uncertainties in global trade.
In 2024, 69% of the electricity generated in the region came from renewable sources, with Brazil, Chile, and Costa Rica leading the way. However, Brady pointed out that this growth also presents challenges, such as the curtailment recorded in Chile, which reached 5.9 TWh, and the region’s high dependency—95%—on solar panels imported from China.
The OLADE representative stressed that greater energy integration would not only optimize resources but also generate economic and environmental benefits: over USD 23 billion in savings and the reduction of 700 million tons of CO₂ emissions by 2030.
Finally, Brady highlighted successful experiences such as the Central American electricity market and called for increased efforts in other subregions to consolidate an efficient, resilient, and sustainable energy transition.
