Benefits of Physical and Regulatory Regional Energy Integration

Session 1:

The implementation of regional markets can optimize national markets by favoring the use of the most cost-efficient energy sources, increasing the security and reliability of supply, and enabling countries to take advantage of non-coincident peak loads and varying climate and electricity consumption patterns. This session will analyze the strategic, economic, environmental and social advantages of integration, including the security of energy supply and how to properly undertake cost-benefit analyses of integration initiatives. A presentation by the IDB on the progress and challenges with regard to regional electric integration initiatives in Latin America and the Caribbean will also be featured.