Abstract

Latin America has emerged in the recent years as one of the most dynamic regions for natural gas and electricity developments. The continent boasts abundant natural gas reserves and high-growth energy markets. The need to diversify away from heavy investments on hydropower and expensive oil is driving many countries to promote natural gas use, especially for power generation. On the other hand, several challenges are being observed, such as the competition between hydro and thermal generation, the breaking of cross-countries natural gas agreements, competition between natural gas ...