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Latin America has made considerable progress in electrical integration. Recent estimates indicate that in the last 20 years the installed interconnection capacity has multiplied by ten, going from 500 MW in 1995 to 5000 MW of installed capacity in 2014. It should be noted that such achievements have been part of various regional and global integration strategies. of the countries of the region. However, this progress has not been linear and the use of the advantages and benefits of electrical integration is still lower than the potential that Latin America offers.

Due to the characteristics and geographical distribution of its energy resources. At the level of existing interconnections, not all possibilities have been taken advantage of, and their C Level Executive List transmission capacity and quality could be improved. Any effort towards regional physical integration must start from the recognition of the differences that exist between national strategies and policies. The agreements must be developed based on the premise that the participating countries prioritize different objectives and goals, subject to periodic review. Exchange schemes must therefore be flexible and incorporate mechanisms for adjustment. There are several implications: many times bilateral relations are privileged, at the expense of multilateralism.



This increases the chances that the volume and amount of electrical transactions will be maintained or even increased. It may also have the consequence that the institutionality of multilateral schemes is not built, that alternative dispute resolution mechanisms are required, or that the uncertainty related to the projects increases due to possible policy changes in one of the countries, which which could add a risk premium to integration projects, or to transactions that have an extended term. The rules for the distribution of interconnection benefits must be transparent and allocated in a balanced manner among the members of the agreement.
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C Level Executive List

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