March 10, 2023

Partners Maria-Leticia Ossa Daza, Chair of Willkie’s Latin America practice, and Jorge Kamine, Co-Chair of the Project Finance Practice Group, were featured by Latinvex in a recent Q&A on the region’s energy outlook, “Latin America Energy: Renewables Drives Growth.”

Topics discussed in the special report include the Latin America energy outlook in 2023, projected growth drivers in the region, which countries are leading those charges, and key challenges facing the sector.

On the broad outlook for the region, Maria-Leticia and Jorge noted that demand in Latin America is expected to continue to grow as the economies recover post-pandemic, and new investment in the region is focused on energy transition, renewables and diversification of energy sources.

In discussing energy sector growth areas for the region, they note that “given the de-carbonization agendas of most Latin American governments and the renewable energy potential across the region, we expect renewables to continue to drive growth in the coming year.” 

Specifically, they note that Brazil, Chile, Colombia and Mexico are leaders in the region for the development of green hydrogen. Chile, Colombia and Mexico recently implemented regulatory measures and financial incentives regarding green hydrogen while Brazil has been advancing as well. On the clean power side, Chile is expected to be the fastest growing Latin American country for renewable energy project activity in 2023 as its solar and  wind boom continues. 

Read the Q&A below (login may be required):

Latin America Energy: Renewables Drives Growth


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