Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges

During the 90s, most countries in Latin America and the Caribbean Region (LCR) supported by the World Bank, implemented a market-oriented reform in the energy sector to promote competition, economic regulation and greater private sector participati...

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Main Authors: Byer, Trevor, Crousillat, Enrique, Dussan, Manuel
Format: ESMAP Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
CO
CO2
GAS
GHG
LNG
NO2
OIL
SO2
Online Access:http://documents.worldbank.org/curated/en/2009/01/11495405/latin-america-caribbean-region-energy-sector-retrospective-review-challenges
http://hdl.handle.net/10986/17536
id okr-10986-17536
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO ELECTRICITY
ACCESS TO ENERGY
ACCESS TO ENERGY SERVICES
ACCESS TO MODERN ENERGY
AFFORDABLE ENERGY
ALTERNATIVE ENERGY
ALTITUDE
APPROACH
ATMOSPHERIC FLUIDIZED BED COMBUSTION
AVAILABILITY
BARREL OF OIL
BARRELS PER DAY
BASES
BED COMBUSTION
BIOMASS
BORDER TRADE
CARBON
CARBON DIOXIDE
CARBON FINANCE
CLEAN COAL
CLEAN COAL GENERATION TECHNOLOGIES
CLEAN COAL TECHNOLOGIES
CLEAN ENERGY
CLEAN POWER
CLIMATE
CLIMATE CHANGE
CO
CO2
COAL GENERATION
COAL PLANTS
COLORS
CONSUMPTION OF PETROLEUM
CRUDE OIL
CRUDE OIL PRODUCTION
CRUDE OIL REFINING CAPACITY
DIESEL
DIESEL ENGINES
DIESEL OIL
DISTILLATION
DISTRIBUTION LOSSES
DRY NATURAL GAS
DRY NATURAL GAS PRODUCTION
EFFICIENCY IMPROVEMENTS
EFFICIENT USE
EFFICIENT USE OF ENERGY
ELECTRICITY
ELECTRICITY CONSERVATION
ELECTRICITY CONSUMPTION
ELECTRICITY DEMAND
ELECTRICITY DISTRIBUTION
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY SECTOR
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
EMISSION
EMISSION FACTOR
EMISSIONS
ENERGY BALANCE
ENERGY CONSERVATION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY INTENSITY
ENERGY MARKET
ENERGY MARKETS
ENERGY MIX
ENERGY NEEDS
ENERGY PLANNERS
ENERGY PLANNING
ENERGY POLICY
ENERGY PRICES
ENERGY REQUIREMENTS
ENERGY SECURITY
ENERGY SERVICE
ENERGY SERVICE COMPANY
ENERGY SHORTAGES
ENERGY SOURCES
ENERGY STRATEGIES
ENERGY STRATEGY
ENERGY SUPPLY
ENERGY USE
ENVIRONMENTAL IMPACTS
ETHANOL
EXPLOSIVE
FOSSIL
FOSSIL FUELS
FUEL
FUEL PRICE
FUEL PRICES
FUEL SUPPLY
FUELS
GAS
GAS COMPANIES
GAS EXPLORATION
GAS FIELDS
GAS FLOW
GAS IMPORTS
GAS PIPELINE
GAS PIPELINE NETWORKS
GAS PIPELINES
GAS PRODUCTION
GAS RESOURCES
GAS SECTOR
GAS SECTORS
GAS SUPPLIES
GAS SUPPLY
GAS TRANSMISSION
GAS TURBINE
GASIFICATION
GASOLINE
GASOLINE PRICES
GENERATION
GENERATION CAPACITY
GHG
GREENHOUSE
GREENHOUSE GAS
GROSS DOMESTIC PRODUCT
HEAVY OIL
HYDRO POWER
HYDRO RESOURCES
HYDROCARBONS
HYDROELECTRIC PLANTS
HYDROELECTRIC POTENTIAL
HYDROELECTRIC POWER
HYDROELECTRIC POWER PLANTS
INCOME
INTERNATIONAL ENERGY AGENCY
IPCC
LIQUEFIED NATURAL GAS
LIQUEFIED PETROLEUM GAS
LIQUID FUELS
LNG
MEMBER STATES
NATURAL GAS CONSUMPTION
NATURAL GAS DEMAND
NATURAL GAS GENERATION
NATURAL GAS PRICES
NET OIL
NITROGEN
NITROGEN DIOXIDE
NO2
OIL
OIL AND GAS
OIL AND GAS SECTOR
OIL COMPANIES
OIL COMPANY
OIL DEMAND
OIL EQUIVALENT
OIL EXPORTER
OIL EXPORTERS
OIL EXPORTING
OIL EXPORTING COUNTRIES
OIL EXPORTS
OIL IMPORT
OIL IMPORTERS
OIL IMPORTS
OIL PRICE
OIL PRICE SCENARIO
OIL PRICES
OIL PRODUCING
OIL PRODUCTS
OIL REFINING
OIL RESOURCES
OIL REVENUES
PEAK ELECTRICITY DEMAND
PETROLEUM
PETROLEUM GAS
PETROLEUM PRODUCT CONSUMPTION
PETROLEUM PRODUCT PRICES
PETROLEUM PRODUCTS
PIPELINE
POWER CAPACITY
POWER GRID
POWER PRODUCER
POWER PRODUCERS
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SYSTEM
POWER UTILITIES
PRIMARY ENERGY
PRIVATE INVESTMENT
PROVEN RESERVES
REFINERIES
REFINERY
REFINERY CAPACITY
REFINERY SECTOR
RENEWABLE ENERGY
RENEWABLE ENERGY APPLICATIONS
RENEWABLE ENERGY DEVELOPMENT
RENEWABLE ENERGY PROGRAM
RENEWABLE ENERGY SYSTEMS
RENEWABLE GENERATION
RENEWABLE POWER
RESIDENTIAL CONSUMERS
RESIDUAL FUEL
RESIDUAL FUEL OIL
RETAIL COMPETITION
RURAL ELECTRIFICATION
RURAL ENERGY
SECURITY OF ENERGY SUPPLY
SO2
SOLAR HOME SYSTEMS
SOURCE OF ENERGY
SPOT MARKET
STEAM TURBINE
SUGARCANE
SULFUR
SULFUR DIOXIDE
SUPPLY COSTS
SUPPLY CURVE
SUSTAINABLE ENERGY
TARIFF LEVELS
TAX REVENUES
THERMAL CAPACITY
THERMAL EFFICIENCY
THERMAL EXPANSION
THERMAL PLANTS
THERMAL POWER
THERMAL POWER GENERATION
THERMAL UNIT
TRANSPORT COSTS
TRANSPORT SECTOR
UTILITIES
VOLATILE PRICES
WHOLESALE POWER
WHOLESALE PRICES
WIND
WIND POWER
WOOD FUEL
WOOD FUELS
WORLD OIL
spellingShingle ACCESS TO ELECTRICITY
ACCESS TO ENERGY
ACCESS TO ENERGY SERVICES
ACCESS TO MODERN ENERGY
AFFORDABLE ENERGY
ALTERNATIVE ENERGY
ALTITUDE
APPROACH
ATMOSPHERIC FLUIDIZED BED COMBUSTION
AVAILABILITY
BARREL OF OIL
BARRELS PER DAY
BASES
BED COMBUSTION
BIOMASS
BORDER TRADE
CARBON
CARBON DIOXIDE
CARBON FINANCE
CLEAN COAL
CLEAN COAL GENERATION TECHNOLOGIES
CLEAN COAL TECHNOLOGIES
CLEAN ENERGY
CLEAN POWER
CLIMATE
CLIMATE CHANGE
CO
CO2
COAL GENERATION
COAL PLANTS
COLORS
CONSUMPTION OF PETROLEUM
CRUDE OIL
CRUDE OIL PRODUCTION
CRUDE OIL REFINING CAPACITY
DIESEL
DIESEL ENGINES
DIESEL OIL
DISTILLATION
DISTRIBUTION LOSSES
DRY NATURAL GAS
DRY NATURAL GAS PRODUCTION
EFFICIENCY IMPROVEMENTS
EFFICIENT USE
EFFICIENT USE OF ENERGY
ELECTRICITY
ELECTRICITY CONSERVATION
ELECTRICITY CONSUMPTION
ELECTRICITY DEMAND
ELECTRICITY DISTRIBUTION
ELECTRICITY GENERATION
ELECTRICITY PRICES
ELECTRICITY SECTOR
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
EMISSION
EMISSION FACTOR
EMISSIONS
ENERGY BALANCE
ENERGY CONSERVATION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY INTENSITY
ENERGY MARKET
ENERGY MARKETS
ENERGY MIX
ENERGY NEEDS
ENERGY PLANNERS
ENERGY PLANNING
ENERGY POLICY
ENERGY PRICES
ENERGY REQUIREMENTS
ENERGY SECURITY
ENERGY SERVICE
ENERGY SERVICE COMPANY
ENERGY SHORTAGES
ENERGY SOURCES
ENERGY STRATEGIES
ENERGY STRATEGY
ENERGY SUPPLY
ENERGY USE
ENVIRONMENTAL IMPACTS
ETHANOL
EXPLOSIVE
FOSSIL
FOSSIL FUELS
FUEL
FUEL PRICE
FUEL PRICES
FUEL SUPPLY
FUELS
GAS
GAS COMPANIES
GAS EXPLORATION
GAS FIELDS
GAS FLOW
GAS IMPORTS
GAS PIPELINE
GAS PIPELINE NETWORKS
GAS PIPELINES
GAS PRODUCTION
GAS RESOURCES
GAS SECTOR
GAS SECTORS
GAS SUPPLIES
GAS SUPPLY
GAS TRANSMISSION
GAS TURBINE
GASIFICATION
GASOLINE
GASOLINE PRICES
GENERATION
GENERATION CAPACITY
GHG
GREENHOUSE
GREENHOUSE GAS
GROSS DOMESTIC PRODUCT
HEAVY OIL
HYDRO POWER
HYDRO RESOURCES
HYDROCARBONS
HYDROELECTRIC PLANTS
HYDROELECTRIC POTENTIAL
HYDROELECTRIC POWER
HYDROELECTRIC POWER PLANTS
INCOME
INTERNATIONAL ENERGY AGENCY
IPCC
LIQUEFIED NATURAL GAS
LIQUEFIED PETROLEUM GAS
LIQUID FUELS
LNG
MEMBER STATES
NATURAL GAS CONSUMPTION
NATURAL GAS DEMAND
NATURAL GAS GENERATION
NATURAL GAS PRICES
NET OIL
NITROGEN
NITROGEN DIOXIDE
NO2
OIL
OIL AND GAS
OIL AND GAS SECTOR
OIL COMPANIES
OIL COMPANY
OIL DEMAND
OIL EQUIVALENT
OIL EXPORTER
OIL EXPORTERS
OIL EXPORTING
OIL EXPORTING COUNTRIES
OIL EXPORTS
OIL IMPORT
OIL IMPORTERS
OIL IMPORTS
OIL PRICE
OIL PRICE SCENARIO
OIL PRICES
OIL PRODUCING
OIL PRODUCTS
OIL REFINING
OIL RESOURCES
OIL REVENUES
PEAK ELECTRICITY DEMAND
PETROLEUM
PETROLEUM GAS
PETROLEUM PRODUCT CONSUMPTION
PETROLEUM PRODUCT PRICES
PETROLEUM PRODUCTS
PIPELINE
POWER CAPACITY
POWER GRID
POWER PRODUCER
POWER PRODUCERS
POWER PURCHASE AGREEMENTS
POWER SECTOR
POWER SYSTEM
POWER UTILITIES
PRIMARY ENERGY
PRIVATE INVESTMENT
PROVEN RESERVES
REFINERIES
REFINERY
REFINERY CAPACITY
REFINERY SECTOR
RENEWABLE ENERGY
RENEWABLE ENERGY APPLICATIONS
RENEWABLE ENERGY DEVELOPMENT
RENEWABLE ENERGY PROGRAM
RENEWABLE ENERGY SYSTEMS
RENEWABLE GENERATION
RENEWABLE POWER
RESIDENTIAL CONSUMERS
RESIDUAL FUEL
RESIDUAL FUEL OIL
RETAIL COMPETITION
RURAL ELECTRIFICATION
RURAL ENERGY
SECURITY OF ENERGY SUPPLY
SO2
SOLAR HOME SYSTEMS
SOURCE OF ENERGY
SPOT MARKET
STEAM TURBINE
SUGARCANE
SULFUR
SULFUR DIOXIDE
SUPPLY COSTS
SUPPLY CURVE
SUSTAINABLE ENERGY
TARIFF LEVELS
TAX REVENUES
THERMAL CAPACITY
THERMAL EFFICIENCY
THERMAL EXPANSION
THERMAL PLANTS
THERMAL POWER
THERMAL POWER GENERATION
THERMAL UNIT
TRANSPORT COSTS
TRANSPORT SECTOR
UTILITIES
VOLATILE PRICES
WHOLESALE POWER
WHOLESALE PRICES
WIND
WIND POWER
WOOD FUEL
WOOD FUELS
WORLD OIL
Byer, Trevor
Crousillat, Enrique
Dussan, Manuel
Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
geographic_facet Latin America & Caribbean
relation ESMAP technical paper;no. 123/09
description During the 90s, most countries in Latin America and the Caribbean Region (LCR) supported by the World Bank, implemented a market-oriented reform in the energy sector to promote competition, economic regulation and greater private sector participation, as the main instruments to improve the quality, reliability and efficiency of energy services, and improve the government's fiscal position and increase affordable access to modern energy services for the poor. This report comprises an assessment of the energy sector reform in the region: its achievements, difficulties, lessons learnt and current status; an assessment of the future needs of the energy sector investment and financing requirements, constraints, and challenges; and a review of the role of development agencies in supporting the region's energy needs. The study is not a systematic analysis of the reform experience and needs of individual countries, which is not deemed necessary to define an energy strategy for the region, but rather an analysis of the main themes that are common to most countries, with reference to specific cases of individual countries, based on a review of the documentation available on the reform, and on current energy plans. The power sector reform in the region had a substantial positive fiscal impact. During the past 15 years, private investment in electricity in LCR amounted to about US$103 bn, about 60 percent in divestiture of public assets, and 40 percent in green-field projects. Investments in divestiture peaked at about US$21 bn at the time of the privatization of major distribution assets in Brazil, and almost vanished by 2002. Investments in green-field projects have been more stable during the past 10 years.
format Publications & Research :: ESMAP Paper
author Byer, Trevor
Crousillat, Enrique
Dussan, Manuel
author_facet Byer, Trevor
Crousillat, Enrique
Dussan, Manuel
author_sort Byer, Trevor
title Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
title_short Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
title_full Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
title_fullStr Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
title_full_unstemmed Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges
title_sort latin america and the caribbean region energy sector : retrospective review and challenges
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2009/01/11495405/latin-america-caribbean-region-energy-sector-retrospective-review-challenges
http://hdl.handle.net/10986/17536
_version_ 1764437594381221888
spelling okr-10986-175362021-04-23T14:03:38Z Latin America and the Caribbean Region Energy Sector : Retrospective Review and Challenges Byer, Trevor Crousillat, Enrique Dussan, Manuel ACCESS TO ELECTRICITY ACCESS TO ENERGY ACCESS TO ENERGY SERVICES ACCESS TO MODERN ENERGY AFFORDABLE ENERGY ALTERNATIVE ENERGY ALTITUDE APPROACH ATMOSPHERIC FLUIDIZED BED COMBUSTION AVAILABILITY BARREL OF OIL BARRELS PER DAY BASES BED COMBUSTION BIOMASS BORDER TRADE CARBON CARBON DIOXIDE CARBON FINANCE CLEAN COAL CLEAN COAL GENERATION TECHNOLOGIES CLEAN COAL TECHNOLOGIES CLEAN ENERGY CLEAN POWER CLIMATE CLIMATE CHANGE CO CO2 COAL GENERATION COAL PLANTS COLORS CONSUMPTION OF PETROLEUM CRUDE OIL CRUDE OIL PRODUCTION CRUDE OIL REFINING CAPACITY DIESEL DIESEL ENGINES DIESEL OIL DISTILLATION DISTRIBUTION LOSSES DRY NATURAL GAS DRY NATURAL GAS PRODUCTION EFFICIENCY IMPROVEMENTS EFFICIENT USE EFFICIENT USE OF ENERGY ELECTRICITY ELECTRICITY CONSERVATION ELECTRICITY CONSUMPTION ELECTRICITY DEMAND ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION ELECTRICITY PRICES ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY TARIFFS EMISSION EMISSION FACTOR EMISSIONS ENERGY BALANCE ENERGY CONSERVATION ENERGY DEMAND ENERGY EFFICIENCY ENERGY INTENSITY ENERGY MARKET ENERGY MARKETS ENERGY MIX ENERGY NEEDS ENERGY PLANNERS ENERGY PLANNING ENERGY POLICY ENERGY PRICES ENERGY REQUIREMENTS ENERGY SECURITY ENERGY SERVICE ENERGY SERVICE COMPANY ENERGY SHORTAGES ENERGY SOURCES ENERGY STRATEGIES ENERGY STRATEGY ENERGY SUPPLY ENERGY USE ENVIRONMENTAL IMPACTS ETHANOL EXPLOSIVE FOSSIL FOSSIL FUELS FUEL FUEL PRICE FUEL PRICES FUEL SUPPLY FUELS GAS GAS COMPANIES GAS EXPLORATION GAS FIELDS GAS FLOW GAS IMPORTS GAS PIPELINE GAS PIPELINE NETWORKS GAS PIPELINES GAS PRODUCTION GAS RESOURCES GAS SECTOR GAS SECTORS GAS SUPPLIES GAS SUPPLY GAS TRANSMISSION GAS TURBINE GASIFICATION GASOLINE GASOLINE PRICES GENERATION GENERATION CAPACITY GHG GREENHOUSE GREENHOUSE GAS GROSS DOMESTIC PRODUCT HEAVY OIL HYDRO POWER HYDRO RESOURCES HYDROCARBONS HYDROELECTRIC PLANTS HYDROELECTRIC POTENTIAL HYDROELECTRIC POWER HYDROELECTRIC POWER PLANTS INCOME INTERNATIONAL ENERGY AGENCY IPCC LIQUEFIED NATURAL GAS LIQUEFIED PETROLEUM GAS LIQUID FUELS LNG MEMBER STATES NATURAL GAS CONSUMPTION NATURAL GAS DEMAND NATURAL GAS GENERATION NATURAL GAS PRICES NET OIL NITROGEN NITROGEN DIOXIDE NO2 OIL OIL AND GAS OIL AND GAS SECTOR OIL COMPANIES OIL COMPANY OIL DEMAND OIL EQUIVALENT OIL EXPORTER OIL EXPORTERS OIL EXPORTING OIL EXPORTING COUNTRIES OIL EXPORTS OIL IMPORT OIL IMPORTERS OIL IMPORTS OIL PRICE OIL PRICE SCENARIO OIL PRICES OIL PRODUCING OIL PRODUCTS OIL REFINING OIL RESOURCES OIL REVENUES PEAK ELECTRICITY DEMAND PETROLEUM PETROLEUM GAS PETROLEUM PRODUCT CONSUMPTION PETROLEUM PRODUCT PRICES PETROLEUM PRODUCTS PIPELINE POWER CAPACITY POWER GRID POWER PRODUCER POWER PRODUCERS POWER PURCHASE AGREEMENTS POWER SECTOR POWER SYSTEM POWER UTILITIES PRIMARY ENERGY PRIVATE INVESTMENT PROVEN RESERVES REFINERIES REFINERY REFINERY CAPACITY REFINERY SECTOR RENEWABLE ENERGY RENEWABLE ENERGY APPLICATIONS RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROGRAM RENEWABLE ENERGY SYSTEMS RENEWABLE GENERATION RENEWABLE POWER RESIDENTIAL CONSUMERS RESIDUAL FUEL RESIDUAL FUEL OIL RETAIL COMPETITION RURAL ELECTRIFICATION RURAL ENERGY SECURITY OF ENERGY SUPPLY SO2 SOLAR HOME SYSTEMS SOURCE OF ENERGY SPOT MARKET STEAM TURBINE SUGARCANE SULFUR SULFUR DIOXIDE SUPPLY COSTS SUPPLY CURVE SUSTAINABLE ENERGY TARIFF LEVELS TAX REVENUES THERMAL CAPACITY THERMAL EFFICIENCY THERMAL EXPANSION THERMAL PLANTS THERMAL POWER THERMAL POWER GENERATION THERMAL UNIT TRANSPORT COSTS TRANSPORT SECTOR UTILITIES VOLATILE PRICES WHOLESALE POWER WHOLESALE PRICES WIND WIND POWER WOOD FUEL WOOD FUELS WORLD OIL During the 90s, most countries in Latin America and the Caribbean Region (LCR) supported by the World Bank, implemented a market-oriented reform in the energy sector to promote competition, economic regulation and greater private sector participation, as the main instruments to improve the quality, reliability and efficiency of energy services, and improve the government's fiscal position and increase affordable access to modern energy services for the poor. This report comprises an assessment of the energy sector reform in the region: its achievements, difficulties, lessons learnt and current status; an assessment of the future needs of the energy sector investment and financing requirements, constraints, and challenges; and a review of the role of development agencies in supporting the region's energy needs. The study is not a systematic analysis of the reform experience and needs of individual countries, which is not deemed necessary to define an energy strategy for the region, but rather an analysis of the main themes that are common to most countries, with reference to specific cases of individual countries, based on a review of the documentation available on the reform, and on current energy plans. The power sector reform in the region had a substantial positive fiscal impact. During the past 15 years, private investment in electricity in LCR amounted to about US$103 bn, about 60 percent in divestiture of public assets, and 40 percent in green-field projects. Investments in divestiture peaked at about US$21 bn at the time of the privatization of major distribution assets in Brazil, and almost vanished by 2002. Investments in green-field projects have been more stable during the past 10 years. 2014-03-31T20:50:38Z 2014-03-31T20:50:38Z 2009-06 http://documents.worldbank.org/curated/en/2009/01/11495405/latin-america-caribbean-region-energy-sector-retrospective-review-challenges http://hdl.handle.net/10986/17536 English en_US ESMAP technical paper;no. 123/09 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: ESMAP Paper Publications & Research Latin America & Caribbean