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How New Technologies Are Transforming Energy in Latin America and the Caribbean
01/10/2024 Since 6 months

IDB Invest released a new report that examines the impact and potential of various key disruptive technologies that are revolutionizing each of the industries in which IDB Invest operates in a structured manner.

The energy transition is one of the main strategic goals for the Latin America and the Caribbean (LAC) region, which is why it seeks to focus efforts on the furtherance of the adoption of renewable energies, seeking to turn LAC into a renewable energy hub, leading the development of new clean technologies such as green hydrogen.

Advances in one area, such as Artificial Intelligence or Automation, are fed back and amplified in constructive collaboration with others, such as Big Data or the Internet of Things, resulting in a multiplier effect on value generation. The report aims to highlight how this technological interconnection is reshaping the economic and social context in LAC, providing an analysis that goes beyond the current situation to forecast how new technologies will continue to shape the region over the next decade.

Some of the technologies catalyzing the energy transition that are analyzed in the report include: i) Artificial Intelligence; ii) Smart Grids; iii) Internet of Things; iv) Big Data.

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