Key results - Latin America

Moving from principles to action for energy supply that mitigates against climate change requires a long-term perspective. Energy infrastructure takes time to build up; new energy technologies take time to develop. Policy shifts often also need many years to take effect. In most world regions the transformation from fossil to renewable energies will require additional investment and higher supply costs over about twenty years

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regional results latin america primary energy consumption

primary energy consumption

Taking into account the assumptions discussed above, the resulting primary energy consumption under the Energy [R]evolution scenario is shown in Figure 5.43. Compared to the Reference scenario, overall primary energy demand will be reduced by 28% in 2050. Latin America’s primary energy demand will increase from 22,045 PJ/a to about 29,500 PJ/a.

The Energy [R]evolution version phases out coal and oil about 5 to 10 years faster than the previous Energy [R]evolution scenario published in 2010. This is made possible mainly by replacement of fossil-fueled power plants with renewables and a faster introduction of very efficient electric vehicles in the transport sector to replace conventional combustion engines. This leads to an overall renewable primary energy share of 57% in 2030 and 85% in 2050. Nuclear energy is phased out before 2030.