Regional Energy Transition Outlook for South America

This regional energy transition outlook for South America, developed by IRENA in collaboration with key regional partners, sets out a roadmap for a fair, inclusive and resilient energy transition, with the vision of achieving net-zero emissions in line with the global goal of limiting temperature rise to well below 2°C.

South America has historically been a global leader in clean energy within the wider Latin American region, underpinned by a significant share of hydropower, wind and solar in power generation, and the extensive use of sustainable biofuels in end-use sectors. This strong foundation positions the region well for decarbonisation.

Regional energy transition outlook: South America provides a comprehensive, quantitative analysis that identifies key technological pathways, investment and expenditure priorities, and recommended policy actions necessary to accelerate this transformation by 2050. It highlights the need for a massive scale-up of variable renewable energy in the power sector, coupled with strengthened regional grid integration to enhance flexibility and resilience. In parallel, it promotes the deployment of sustainable bioenergy in the short to medium-term and expanding electrification in the long-term. The report further outlines the integration of emerging and innovative decarbonisation technologies and the promotion of sustainable re-industrialisation to add value to domestic production and strengthen regional trade. Ultimately, the findings show that a rapid, renewables-based transition can generate substantial socio-economic benefits, driving GDP growth and employment creation across the region.